No Wells Coming Off The Confidential List Today -- June 26, 2019

No wells coming off the confidential list today.

Active rigs:

$58.97	6/26/2019	06/26/2018	06/26/2017	06/26/2016	06/26/2015
Active Rigs	62	64	59	30	75

RBN Energy: EnLink's crude gathering systems in the Midland and Delaware basins, part 10.

A key to success for midstream companies developing crude oil gathering systems in the Permian is establishing strong, trusting relationships with the producers driving the region’s growth. Hitch your wagon to one or more producers with top-notch rock and aggressive expansion plans, develop gathering systems that meet their needs for flow assurance and destination optionality, and life will be good. Many of the midstreamers whose Permian gathering systems we’ve been discussing in our ongoing series have done just that. Today, we review the existing and planned systems of EnLink Midstream, another company whose growth is founded in large part on the relationships it has developed with major Permian producers.I

n today’s blog, we’re focusing on EnLink’s Permian crude oil gathering assets. To establish a crude-gathering foothold in the region, the company in January 2015 acquired LPC Crude Oil Marketing. LPC owned small crude gathering systems totaling more than 60 miles in west-central Upton County, TX, and along the border of Martin and Dawson counties –– also in Texas) in the Midland Basin, as well as a fleet of 40-plus crude tanker trucks and more than a dozen pipeline and refinery injection stations (also in the Midland).

EnLink then incorporated the Upton County system into what became its much larger Greater Chickadee crude gathering system. Announced in June 2016, the 150-mile-plus Greater Chickadee system consists of mostly 4-, 6-, or 8-inch-diameter gathering pipes in Upton County and a 12-inch-diameter trunkline that runs north through Midland County. The trunkline ties into Enterprise Products Partners’ Midland terminal and Energy Transfer’s SunVit terminal (also in Midland), both of which interconnect with multiple takeaway pipelines. The Greater Chickadee project, which was supported by long-term, fee-based contracts with several Midland Basin producers, also included the construction of a number of tank batteries and pumping, truck-injection, and storage stations to provide more shipping and delivery options. Greater Chickadee was in service by the first quarter of 2017, with a capacity of about 100 Mb/d.