Enterprise maintains partial gas processing at Texas Gulf Coast facilities

Enterprise Products Partners LP (EPP), Houston, continues to operate two of its South Texas natural gas processing plants in the wake of Tropical Storm Harvey, including the 1.05-bcfd Yoakum complex, the largest of the operator’s Texas Gulf Coast system. Source: News


Latest Barents Sea gas discovery not the ‘direct hit’ Statoil expected

Despite the success of its Kayak discovery and traces of oil in the Gemini North, Statoil ASA says its latest Korpfjell well in PL859 came in as a noncommercial gas discovery. Jez Averty, Statoil’s head of exploration in Norway and the UK, said, “We have so far not had a direct hit that may result […]


MARKET WATCH: NYMEX crude prices drop on crude oil demand concerns

Light, sweet crude oil prices on the New York Mercantile Exchange dropped by more than $1 on Aug. 28 while gasoline futures climbed as expected after Hurricane Harvey slammed Texas on Aug. 25. Tropical Storm Harvey returned offshore Texas on Aug. 28. Source: News