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Whiting Petroleum Posts Loss On Lower Crude, Natural Gas Prices

2019-11-05 22:23:09| OGI

The company reported a net loss of $19.1 million, or 21 cents per share, in the third quarter ended Sept. 30, compared with a profit of $121.4 million, or $1.32 per share, a year earlier.

Tags: posts prices lower natural

 

Magellan Midstream To Redesign Proposed Voyager Crude Pipeline

2019-11-01 14:59:26| OGI

Magellan has not made a final decision to proceed with the project. It said in March it expected the pipeline to come into service in late 2020 with an initial capacity of about 300,000 barrels per day.

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Concho Resources Misses Profit Estimates On Lower Natural Gas, Crude Prices

2019-10-30 15:09:58| OGI

Excluding items, Conchos profit fell to 61 cents per share, below analysts average estimate of 69 cents per share, according Refinitiv IBES.

Tags: resources prices lower natural

 

EPIC Crude Oil Pipeline To Hold Third Open Season

2019-10-28 14:55:19| OGI

Once the planned 30-inch Crude Oil Pipeline is completed in Q1 of 2020, EPIC will have initial capacity to transport 600 Mbbl/d. The Crude Oil Pipeline is expandable to transport up to 900 Mbbl/d.

Tags: open hold season oil

 

Crude Flows To Houston Slow As Cactus II Pipeline Ramps

2019-10-25 16:01:46| OGI

Plains' Cactus II line, which opened in August, has increased its flows almost one-third over September, Genscape reported. It declined to disclose actual volumes. Plains did not immediately respond to requests for comment.

Tags: slow houston flows pipeline

 

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