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Deepwater crude oil export project looks to build offshore Louisiana
Posted on 12/1/20 at 10:25 pm
Posted on 12/1/20 at 10:25 pm
Looks like Louisiana's Port Fourchon and the LOOP's days are going to be numbered as new larger and more efficient crude oil export platforms will now move to or towards Texas. The article's title is actually sort of misleading because the proposed deepwater port is closer to Texas than Louisiana.
Advocate
"Dallas-based Energy Transfer LP is seeking to replace an existing offshore natural gas platform and build a crude oil export project in the Gulf of Mexico 99 miles offshore from Cameron Parish in southwest Louisiana."
"The Maritime Administration is considering issuing a license to the business for its deepwater port, which could load up to 80,000 barrels of crude oil every hour onto very large oil carriers too large to visit onshore ports. The maximum capacity would be 2 million barrels per day."
The facility would be a competitor to the Louisiana Offshore Oil Port, which was built in the late 1970s as an import facility about 20 miles offshore from Port Fourchon, then retrofitted for exports. The import facility is collectively owned and operated by Marathon, Shell and Valero. The oil port stands in 110 feet of water and has 60 million barrels of crude oil storage capacity inside underground caverns that are naturally occurring salt domes. The oil port can export up to 1.2 million barrels of crude oil each day.
At least three other unrelated deepwater oil export terminals are being proposed in the Gulf of Mexico off the Texas coast. Bluewater Texas Terminal LLC, a joint venture between Phillips 66 and Trafigura Group Pte Ltd., is proposing a terminal 21 miles off the coast from Corpus Christi. Sea Port Oil Terminal, a deal between Enterprise Products Partners and Canadian pipeline operator Enbridge, is proposed about 30 miles off the coast from Houston. Under review is Texas GulfLink LLC, owned by Sentinel Midstream, is proposed 30 miles off the coast from Freeport.
Advocate
"Dallas-based Energy Transfer LP is seeking to replace an existing offshore natural gas platform and build a crude oil export project in the Gulf of Mexico 99 miles offshore from Cameron Parish in southwest Louisiana."
"The Maritime Administration is considering issuing a license to the business for its deepwater port, which could load up to 80,000 barrels of crude oil every hour onto very large oil carriers too large to visit onshore ports. The maximum capacity would be 2 million barrels per day."
The facility would be a competitor to the Louisiana Offshore Oil Port, which was built in the late 1970s as an import facility about 20 miles offshore from Port Fourchon, then retrofitted for exports. The import facility is collectively owned and operated by Marathon, Shell and Valero. The oil port stands in 110 feet of water and has 60 million barrels of crude oil storage capacity inside underground caverns that are naturally occurring salt domes. The oil port can export up to 1.2 million barrels of crude oil each day.
At least three other unrelated deepwater oil export terminals are being proposed in the Gulf of Mexico off the Texas coast. Bluewater Texas Terminal LLC, a joint venture between Phillips 66 and Trafigura Group Pte Ltd., is proposing a terminal 21 miles off the coast from Corpus Christi. Sea Port Oil Terminal, a deal between Enterprise Products Partners and Canadian pipeline operator Enbridge, is proposed about 30 miles off the coast from Houston. Under review is Texas GulfLink LLC, owned by Sentinel Midstream, is proposed 30 miles off the coast from Freeport.
Posted on 12/1/20 at 10:26 pm to MrLSU
Explain this to me like I’m 5
Posted on 12/1/20 at 10:26 pm to MrLSU
Crude is dead. Your fake president elect has already said so.
Posted on 12/2/20 at 8:22 am to MrLSU
I'm assisting with the engineering design and permitting for the onshore portion of 1 of the 3 mentioned in the last paragraph.
Posted on 12/2/20 at 8:29 am to MrLSU
Off topic a bit, but isn't the official "Texas Property line" into the gulf like 10 nautical miles and La (and basically everyone else) 3 nautical miles.... hardly seems fair.
This post was edited on 12/2/20 at 8:30 am
Posted on 12/2/20 at 12:54 pm to MrLSU
Doesn't LOOP have huge salt caverns that they hold all the oil in, not sure if these Texas ones will have that or not.
Posted on 12/3/20 at 3:05 am to MrLSU
Fourchon isn’t going anywhere. A couple years ago the state was looking for a place to start building a new port, but there were no places that could satisfy both being close to the platforms and rigs while also providing more protection from hurricanes. Cameron was the final place to be considered, but it would have been too long to get to the gulf plus extra travel time to get to a majority of the rigs.
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