ConocoPhillips gets U.S. Green Light for Alaska Oil Pipeline Project

The Bureau of Land Management published a final Environmental Impact Statement for project, which the agency said could produce more than 160,000 bpd over the next 30 years. If constructed, Willow will be the westernmost development on the North Slope.

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Tumbleweed Midstream

Tumbleweed Midstream Acquires Ladder Creek Helium Plant and Gathering System from DCP Midstream

The acquisition of the Ladder Creek Helium Plant and Gathering System represents a significant opportunity for Tumbleweed Midstream,” said Tumbleweed CEO Durell Johnson. “The U.S. is the world’s largest helium producer. At the same time, the world supply of helium is suffering from a multiyear shortfall. This has boosted prices for natural gas with a high helium content and has begun to raise red flags in industries that depend on helium. The growth of Ladder Creek’s helium operations starts with delivering our current customers superior economics with the highest level of service. The helium is there, it’s highly valuable and by extracting it Tumbleweed can return premium netbacks to the producers in the region.

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