General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and renewable energy.
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Back to the Bakken
Active rigs:
| $68.69↑ | 6/26/2018 | 06/26/2017 | 06/26/2016 | 06/26/2015 | 06/26/2014 |
|---|---|---|---|---|---|
| Active Rigs | 64 | 59 | 30 | 75 | 192 |
RBN Energy: more on Mont Belvieu's fractionation capacity and related NGL assets. Archived.
The NGL storage and fractionation complex in Mont Belvieu, TX, now offers 2.1 MMb/d of fractionation capacity — the largest concentration of fractionators in the world.
As impressive as that may be, though, NGL production growth in the Permian Basin, the SCOOP/STACK and other liquids-rich plays is quickly ramping up the demand for fractionation services and challenging Mont Belvieu’s ability to keep up.
A number of new fractionators are being added, but will they come online soon enough? Today, we continue our review of fractionators, NGL and purity-product storage and other key infrastructure within and near the NGL Capital of the World.
This is the third episode of our blog series on a fast-shrinking gap between Mont Belvieu’s fractionation capacity and the volume of mixed NGLs that need to be fractionated.
It’s an important issue –– natural gas processors, NGL shippers, Gulf Coast steam crackers, and exporters of NGL purity products like ethane, propane and normal butane depend heavily on the big players in Mont Belvieu to efficiently receive and store mixed NGLs (y-grade), fractionate y-grade into purity products and either distribute those to U.S. end-users or pipe it to nearby marine terminals for loading onto ships.
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