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With the refinery closed, crude oil prices were artificially depressed at the Cushing pricing point. The Eagle North pipeline reactivated in 2010, adding offtake capacity to Cushing by connecting Valero's oil refinery in Ardmore, Oklahoma with Cushing's cheap crude oil. This should have resulted in boosting WTI prices which were discounted ...
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
The pipeline spans approximately 303 miles (488 km), [10] and its route crosses the Appalachian Trail near Peters Mountain Wilderness in Virginia. [11] The MVP is owned by Mountain Valley Pipeline, LLC (MVP LLC), which is a joint venture between Equitrans Midstream, NextEra Energy Resources, Con Edison Transmission and other midstream partners.
Magellan Midstream Partners, L.P. is an American energy pipeline operator based in Tulsa, Oklahoma that primarily transports, stores and distributes refined petroleum products and crude oil. [2] [3] It owns ammonia and petroleum pipelines in the Mid-Continent oil province. [2]
In March 2022, the company acquired Chief Oil & Gas for approximately $2.6 billion. [39] [40] In May 2023, the company sold a portion of its oil and gas assets in the Eagle Ford shale for US$1.4 billion, to Ineos. [41] In October 2024, the company acquired Southwestern Energy in a $7.4 billion all-stock deal and was rebranded as Expand Energy ...
EQT Corporation is an American energy company engaged in hydrocarbon exploration and pipeline transport.It is headquartered in EQT Plaza in Pittsburgh, Pennsylvania.. EQT is the largest natural gas producer in the Appalachian Basin [2] with 19.802 trillion cubic feet equivalent of proved reserves across approximately 1.8 million gross acres, including approximately 1.5 million gross acres in ...