Page 13 - NorthAmOil Week 10

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NEWS IN BRIEF
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MIDSTREAM
Meritage Midstream commissions Steamboat natural gas processing plant in Wyoming’s Powder River Basin
Meritage Midstream Services II today announced that its subsidiary, Thunder Creek Gas Services, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas. The Steamboat plant more than doubles Meritage’s natural gas processing capacity in the Powder River Basin.
Meritage is one of the preeminent midstream providers in the Powder River Basin with 380 mmcf per day of processing capacity, 1,600 miles of gas gathering pipeline, 120 miles of NGL pipeline and 168,000 of compression horsepower (map here), all underpinned by acreage dedications from its existing customers in excess of 1 million acres. Currently, 47% of the rigs operating in the Powder River Basin are operating on acreage committed to Meritage Midstream’s Thunder Creek system.
MERITAGE MIDSTREAM SERVICES II, March 05, 2020
DOWNSTREAM
ShellOilProductstomarket
two refineries in line with
downstream strategy
Equilon Enterprises LLC d/b/a Shell Oil Products US, a subsidiary of Royal Dutch Shell plc, announced it is marketing two of its refineries in the United States: Mobile, Alabama, and Puget Sound near Anacortes, Washington.
The decision is consistent with the company’s previously disclosed plans
to reshape its refining portfolio globally
to leverage Shell’s natural strengths and integration opportunities. “We are refocusing our global presence in line with that of our customers, trading operations, and chemicals plants. This will result in a more valuable, integrated downstream business,” said Robin Mooldijk, EVP Manufacturing.
This process could take many months
and may or may not result in a finalised sales transaction. Shell may elect to discontinue the marketing process for one or both assets at any time. If the marketing process does not result in a finalised sales transaction, Shell plans to continue operating the refineries.
“Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance,” said Mooldijk.
The US Gulf Coast will remain a key manufacturing hub for Shell, along with Rotterdam and Singapore. Likewise, Shell will maintain its marketing presence and continue to honour branded wholesale agreements within both the West and Gulf Coast regions. EQUILON ENTERPRISES, March 05, 2020
SERVICES
BJ Services and Aethon Energy enter into four-year contractfornext-generation naturalgas-fuelled fracturing fleet
BJ Services announced today it has entered into a multi-year contract with Aethon Energy for the deployment of the company’s first TITANTM next-generation fracturing fleet in the Haynesville shale.
Powered by a direct drive natural gas-fuelled turbine, the first TITAN prototype pump
has completed more than 500 hours of field
testing on Aethon Haynesville well locations this year. The first TITAN fleet will deploy in Q4 2020, which will launch the beginning of the company’s next-generation fleet strategy.
“The launch of the TITAN will allow
us to make significant progress on our commitment to reducing carbon emissions, increasing operational efficiencies, and improving the economics for our clients,” said Caleb Barclay, Chief Operating Officer of BJ Services. “We are proud to partner with a company that shares our vision surrounding continuous improvement and know that this next generation equipment will prove to be
a step-change to the impact it will have on the environment, efficiency, and economics for Aethon’s operation. Aethon’s excellent leadership and operational track record speak to the quality of the work we expect to do together over the next four years.”
The TITAN, fuelled 100% by natural
gas, provides up to 5,000 horsepower while supporting the reduction of greenhouse gas emissions, reduced operating costs, improved mobility, and reliable operations. The next-generation pump also meets the most stringent noise reduction requirements across North America.
Aethon, a Dallas-based private investment firm and owner-operator of onshore oil &
gas assets, is a leader in the industry for improving operating efficiencies and investing in ESG initiatives.
“The natural gas-powered TITAN
fleet developed by BJ Services will deliver performance aligned with Aethon’s cost and ESG goals,” said Paul Sander, chief operating officer and partner. “Ultimately, larger pumps with fewer pumping units will reduce our footprint and result in structural cost savings for pumping services. We are excited to partner with BJ Services and are pleased
with their willingness to provide innovative solutions in this next-generation technology.” BJ SERVICES, March 11, 2020
AKITA announces the continuationofitsrig relocationplantotheUS and annual results
AKITA Drilling Ltd. moved an AC pad heavy double drilling rig out of Canada to the Permian Basin in January of 2020, bringing the company’s total rig count in the US to 18 rigs with 13 rigs located in the Permian Basin area where the company’s presence continues to grow. The company is now working 15 of its 18 US based rigs and has secured a book
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