Monday, April 9, 2019 -- T+97, Part 4 -- Look At The Billion-Dollar Projects -- Making America Great

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Hey, three out of four ain't bad in this market. From Motley Fool, four energy stocks to buy right now:

• Kinder Morgan
• EPD
• ENB
• Crestwood Equity Partners

Another day, another pipeline story, making America great (gotta get me one of them hats). From Rigzone, $3.7 billion gas pipeline would combat Permian flaring. Data points:

• Permian Global Access Pipeline -- PGAP
• Tellurian Inc.
• from the Permian to southwest Louisiana; 625 miles
• at least 2 billion cfpd (350,000 boepd)
• 42-inch diameter
• origin: Waha Hub in Pecos County, TX
• terminal: Gillis, LA (Lake Charles)
• terminal: where Tellurian has proposed building its $15.2 billion Driftwood LNG export facility
• could be in service by 2023, if construction were to start in 2021 
• southwest Louisiana market expected to grow 300 percent in the next five years (if the next president doesn't screw it up)

How much gas are we talking? From same article:

In early Dec. 2018, the energy research and business intelligence firm Rystad Energy reported that the “persistent rise” in Permian production coupled with “severe takeaway challenges” caused gas flaring to hit an estimated average of 407 million cubic feet per day (MMcfd) during the third quarter of 2018. At the time, Rystad called that figure an “all-time high” but predicted that Permian flaring would likely hit “at least 600 MMcfd” by the middle of this year – assuming a West Texas Intermediate crude oil price of $60 per barrel.

Another day, another pipeline story, keeping America great (gotta get me one of them hats): From Zacks, Enbridge's TEAL pipeline expansion becomes operational. Data points:

• Texas Eastern Appalachian Lease ("TEA" L)
• new Salineville compressor stations
• will supply Enbridge's new Nexus pipeline (planned capacity: 1.5 billion cfpd or 250,000 boepd)
• look how long this pipeline is: 4.4 miles -- no typo, repeat -- 4.4 miles long  
• $183 million

Thirty minutes of surf:

Dick Dale