Blogging Will Be Delayed Today -- November 3, 2023

Locator: 45924B.

WTI: $81.24. The Mideast? I thought oil was headed for $150. 

Sunday, November 5, 2023: 100 for the month; 100 for the quarter, 670 for the year
39599, conf, CLR, Brooks 7-9H,
39323, conf, Oasis, Osprey 5401 44-23 5BX,
39298, conf, Slawson, Jericho Federal 1SLH,
38772, conf, Oasis, Dahl E Federal 5301 13-14 4B,
38771, conf, Oasis, Dahl E Federal 5301 13-14 3B,
37960, conf, Petroshale, Helen 1TFH,
37959, conf, Petroshale, Helen 2MBH,

Saturday, November 4, 2023: 93 for the month; 93 for the quarter, 663 for the year
39324, conf, Oasis, Harrier 5401 44-23 7B,
38773, conf, Oasis, Dahl E Federal 53001 13-14 5B,
38770, conf, Oasis, Dahl E Federal 53001 13-14 2B,

Friday, November 3, 2023: 90 for the month; 90 for the quarter, 660 for the year
39745, conf, Neptune Operating, Shaffer 27-22 2H,
39598, conf, CLR, Brroks 6-9H1,
39203, conf, Murex, PB-Sourina Angelina-1-12H MBH, 

RBN Energy: Phillips 66's NGL network from the DJ, Permian and Eagle Ford to the coast. Archived.

Phillips 66 is probably best known for its fleet of complex refineries, but the Houston-based company also is involved in marketing, chemicals and midstream services. In fact, P66 is one of only a handful of midstreamers offering the full range of “well-to-market” or “well-to-water” NGL services — everything from associated-gas gathering systems and gas processing to NGL pipelines, storage, fractionators and export facilities. And P66’s standing among NGL midstream providers has only been enhanced by the recent doubling of its ownership interest in DCP Midstream. In today’s RBN blog, we continue our series on major NGL networks with a look at P66’s NGL-related assets, most of which run from the Rockies, West Texas and South Texas to the NGL hubs in Mont Belvieu and Old Ocean, TX. 

This blog series is about the select group of U.S. midstream companies that own and operate entire, A-to-Z NGL networks that take NGLs from the wellhead to either their ultimate domestic consumer — petrochemical plants, refineries, wholesale markets, etc. — or to waterside terminals that load purity products (in P66’s case, propane and butane, aka LPG) onto ships for transport overseas. In Part 1, we looked at Energy Transfer’s NGL-linked assets in Texas and in Part 2 we shifted our focus to the company’s network in the Northeast. Next up was Targa Resources — in Part 3 we looked at the company’s gas gathering and processing assets, Grand Prix NGL pipeline system, fractionators in Mont Belvieu, and the Galena Park LPG export terminal. Most recently, in Part 4 and Part 5, we examined the expansive range of NGL assets owned and operated by Enterprise Products Partners.