The Houston-based company also said that it has started construction on a 5,000 bbl/day crude oil stabilisation facility.
SEATTLE (Oil Monster): US Pinnacle Midstream has completed multiple oil and gas gathering and processing projects in the Delaware Basin of West Texas, the company announced.
Those projects include a new 60m cubic feet/day natural gas processing plant, several new compressor stations and additional low- and high-pressure gas gathering pipelines.
The project also included constructing additional crude oil gathering pipelines, expanding a crude oil storage and terminal with a combined capacity of 30,000 bbl, and new connections to multiple downstream crude oil and natural gas pipelines in Culberson and Reeves Counties, Texas.
The Houston-based company also said that it has started construction on a 5,000 bbl/day crude oil stabilisation facility.
The Delaware Basin is part of the larger Permian Basin in West Texas and southern New Mexico.
Courtesy: www.icis.com
United States Crude Oil Prices | |||
---|---|---|---|
COMMODITY | PRICE | CHANGE | |
Alabama Heavy Asphaltic Sour | 64.94 | -1.73 | |
Alabama Light Sour | 72.16 | -1.92 | |
Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
Alabama Light Sweet | 77.16 | -1.92 | |
Alabama/ Florida Panhandle | 72.22 | 0.00 |
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