立即注册,

不到 60 秒您即可继续访问:最新资讯提要分析主题和专题大宗商品视频、播客和博客样本市场价格和数据专题报道订阅用户通知和每日大宗商品电子邮件提醒

已有帐户?

登录以注册

忘记密码

请注意:Platts Market Center 订阅用户只能通过 Platts Market Center 重置密码

请在下面输入您的电子邮件 ID,我们将给您发送一封包含您密码的电子邮件。


  • 电子邮件地址* 请输入电子邮件地址。

如果您是高级订阅用户,出于安全原因,我们无法向您发送您的密码。请联系客服团队

如果您是 Platts Market Center 订阅用户,若要重置密码,请转到 Platts Market Center 重置您的密码。

在此列表中
石油

Kinder Morgan mulling expansion of Double H crude pipeline

天然气 | 石油

Platts 情景规划服务

Bunker Fuel | 石油 | 原油 | 液化石油气 (LPG) | 石油风险 | 成品油 | 燃料油 | 汽油 | 航油 | 石脑油

appec

Kinder Morgan mulling expansion of Double H crude pipeline

Houston — Growing crude oil volumes out of the Bakken Shale in North Dakota and Montana have prompted Kinder Morgan to mull expansion of its Double H Pipeline, the company's top executive said late Wednesday.

尚未注册?

接收每日电子邮件提醒、订阅用户通知并获得个性化体验。

立即注册

Kinder Morgan CEO Steven Kean said the company is "actively" looking at expanding the 84,000 barrels/day Double H, which runs more than 500 miles to the Guernsey, Wyoming, hub from the Bakken, where production volumes are increasing again after years of declines and stagnant output during an industry downturn.

"We continue to work on solutions for our customers to get [their crude] through to Cushing," Kean said during a fourth-quarter earnings call. "There is some expansion ability on Double H."

The company is also investing in expanding Bakken gathering assets, which are "constrained," he added.

Bakken Shale oil production, which dipped under 1 million b/d in January 2017, is heading north. Output hit 1.2 million b/d in the middle of last year and crossed 1.3 million b/d in September.

S&P Global Platts Analytics sees production hitting 1.4 million b/d in April 2019, and averaging 1.461 million b/d in December.

In Q4 2018, Kinder Morgan's crude and condensate delivered volumes totaled 373,000 b/d, up 10% from 339,000 b/d in the same period of 2017.

Kinder's total refined product delivery volumes in Q4 averaged 1.704 million b/d, up about 1% from the same period a year ago. While gasoline volumes of 1.024 million b/d were essentially flat versus a year ago, diesel volumes rose 3.5% to 377,000 b/d and jet fuel rose 2% to 303,000 b/d.

Executives noted the recent crude production curtailments in Alberta, Canada, ordered to address excess supply amid limited pipeline takeaway capacity, do not have a financial impact on Kinder Morgan since its contracts are take or pay.

At its Alberta crude terminal, Kinder saw record volumes of 146,000 b/d in Q4, versus an average of 70,000 b/d, and in December alone were up to 168,000 b/d, Executive Vice President Dax Sanders said.

Volumes have fallen off "a little" in January but have no impact on the bottom line, Sanders said.

Kinder's refined product exports were at "record volumes" on the Houston Ship Channel, Kean said.

"We were up almost 8.5% from a volumetric standpoint [in full-year 2018] over our ship docks and 10.1% on total volume," he said, adding in Houston alone, gasoline was up 8% and distillates were up 6%.

-- Starr Spencer, starr.spencer@spglobal.com

-- Edited by Jim Levesque, newsdesk@spglobal.com