Shell says Ho-Ho pipeline shut after leak in Texas
Extracts from a Reuters article by Selam Gebrekidan published on 7 March 2014 by The Chicago Tribune
NEW YORK (Reuters) – Royal Dutch Shell on Friday said construction crew members punctured its Houston-to-Houma (Ho-Ho) pipeline near Port Neches, Texas, on Thursday afternoon, releasing 364 barrels of crude oil.
The company said it shut the pipeline after the leak. Emergency crews and first responders were deployed to the scene and are using absorbent booms to contain the oil, Shell said.
COMMENT RECEIVED FROM A SHELL RELATED SOURCE
John
The pipeline that was ruptured by a Shell contractor (Houston-Houma or HoHo line) is one of the assets that Shell is trying to sell… they recently modified it to reverse the direction of flow. And while 100 barrels might not sound like much, the actual amount might be considerably more (it’s not easy to measure) and even 100 barrels (~16000 litres) is enough to make a bit of a mess… and incur some serious cleanup costs. Presumably, the pipeline itself is now shut down.
The location is between Beaumont and Lake Sabine on the border between Texas and Louisiana.
Global coverage for the pipeline, but not a great advertisement for an asset that Shell is trying to sell….
The pipeline that was ruptured by a Shell contractor (Houston-Houma or HoHo line) is one of the assets that Shell is trying to sell… they recently modified it to reverse the direction of flow. And while 100 barrels might not sound like much, the actual amount might be considerably more (it’s not easy to measure) and even 100 barrels (~16000 litres) is enough to make a bit of a mess… and incur some serious cleanup costs. Presumably, the pipeline itself is now shut down.
The location is between Beaumont and Lake Sabine on the border between Texas and Louisiana.
Global coverage for the pipeline, but not a great advertisement for an asset that Shell is trying to sell….
Shell scaling back drastically on exploration and is selling assets
Extract from an article by John Pendleton published Friday 7 March 2014 by righands.com
In 2013 several of the major oil companies spent lavishly on offshore prospects and are now feeling the pain of exploration efforts that didn’t pay off. Royal Dutch Shell, for example, spent more than five billion dollars in a bid for Arctic oil that was mired in litigation and so far has produced little in the way of results. Under new leadership Shell is now scaling back drastically on exploration and is selling assets.
BP Will Create Create New Entity Just For Onshore Oil And Gas In U.S. – See more at: http://www.righands.com/news/news-detail/bp-will-create-create-new-entity-just-for-onshore-oil-and-gas-in-us-582#sthash.h0rvjYp9.dpuf
The TRUTH will set you FREE.
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