Midstream Business Magazine - April 2015
Cover Story
Permian 2.0
The legendary basin’s independent spirit updates an old play.
Editor's Note
In The Market
There may be a lot of noise and confusion, but the market always works.
Construction Update
Crossing The Delaware
Plains All American Pipeline has big plans in the Delaware Basin.
Feature
Building A Culture
Magellan Midstream Partners LP’s conser vative business model has transitioned smoothly from the refined products space into large crude oil projects.
Closing Bell
Plastic? From Natural Gas?
Closing The Talent Gap
Oil and gas companies plan for the generational talent switch.
Crossing The Line
New Mexico’s portion of the Permian Basin can ensnare energy companies in a grip of environmental vigilance, bureaucratic sluggishness and protected critters.
Midstream And Private Equity
Boutique infrastructure firms may carry the torch for the midstream through market volatility.
Safety First, As A Rule
Infrastructure is more secure than ever, but an industry bruised by public attention to isolated catastrophic events is urged to adopt a collaborative, proactive approach to setting standards.
The Interview: Twice As Nice
Daniel J. Rice IV is CEO of Rice Midstream Partners LP.
U.S. Ethane Ready To Go Global
As volumes exceed domestic demand, the midstream is responding by providing access to new markets around the world.
Alerian Index
Guiding Through The Storm
MLPs are still on track to meet long-term distribution growth and yield targets.
Finance Matters
Midstream’s Changing Course
With layoffs no longer restricted to upstream, the sector faces a longer but steadier buildout.
News Flow
Bridging the gap between E&P, midstream
A speaking role for a midstream guy at Winter NAPE might be unusual, but for Alan Armstrong, president and CEO of Williams Cos., his message was an imperative.
Cushing storage capacity being stretched thin
Increased production strains Cushing’s storage capacity.
LNG keeps Gulf Oil’s big wheels rolling
On the Gulf Coast, Charif Souki, CEO of Cheniere Energy Partners LP, builds LNG megaprojects to fuel the world.
Report considers regulatory impacts
A recent report found that while severe restrictions on the national level would have a large impact on the natural gas industry, local policies are “largely irrelevant to the broader U.S. natural gas market.”
Study: ‘cost culture’ needs to change
“Strong energy prices in recent years have allowed companies to delay putting an emphasis on project management as they focused instead on the urgent need of achieving greater throughput. But that was then and this is now.”
U.S. product exports set a new record
Gross exports of U.S. petroleum products averaged 3.8 MMbbl/d in 2014, up 10% from 2013 levels and a new record high, recent EIA data show.
Weather trends alter gas demand
Natural gas demand was up but changing last winter as North America—or a lot of it anyway—slogged through another frigid cold season.
NGL Frac Spread
Not Out Of The Woods Yet
Ethane’s separate pricing from crude oil is finally a positive.
Transaction Update
A FISH Tale
Azure’s CFO explains why Marlin was such a great catch.