Updated Aug 30, 2024
8/30/24
Dallas-based EnLink Midstream LLC has sanctioned its first brownfield natural gas expansion project in Louisiana as it works to add 8 Bcf of capacity to the Jefferson Island Storage & Hub.
Dallas-based EnLink Midstream LLC, whose natural gas transport options extend from the Permian Basin to Louisiana, is looking to the “longer-term setup” for incremental demand growth, including the potential to power artificial intelligence (AI) data center growth, CEO Jesse Arenivas said.
EnLink Midstream LLC continues to see signs of an increasing need for natural gas, with the Permian Basin poised for significant growth ahead following a record quarter.
BKV Inc., the biggest natural gas producer in the Barnett Shale, is partnering with EnLink Midstream LLC to develop what could be one of the first commercial carbon capture and sequestration (CCS) projects to come online in the United States.
Higher commodity prices are driving double-digit natural gas volume growth in the Permian Basin for EnLink Midstream LLC, but the turnaround in Oklahoma production is “perhaps the most impressive,” according to management.
A consortium of oil and natural gas firms is moving forward with plans to develop a greenfield 2.5 Bcf/d intrastate natural gas pipeline from the Permian Basin in West Texas to the Katy area, near Houston. The project still needs state approvals.
Although nearly three-quarters of EnLink Midstream LLC’s 2020 capital expenditures (capex) budget is earmarked for projects in the Permian Basin, a significant portion of projected earnings is expected from Oklahoma, a supply basin often called into question for its returns on investment.
Although nearly three-quarters of EnLink Midstream LLC’s 2020 capital expenditures (capex) budget is earmarked for projects in the Permian Basin, a significant portion of projected earnings is expected from Oklahoma, a supply basin often called into question for its returns on investment.
FERC granted orders for two crude oil expansion projects in the Permian Basin proposed by subsidiaries of EnLink Midstream LLC, but denied an order to a unit of Enterprise Products Partners LP for a similar expansion on concerns with that project's open season.
Dallas-based EnLink Midstream Partners LP is joining the wave of midstream companies aiming to ease some of the infrastructure constraints along the Gulf Coast, including one project to expand takeaway capacity from the Mont Belvieu natural gas liquids (NGL) hub near Houston.