LOOP Louisiana Announcements Alert
LOOP LLC Announcement Alert
LOOP LLC Announcements

LOOP Announcements & Alerts

Looking for the latest announcements and information from LOOP? Explore here.

December 10, 2018

LOOP LOADS 3 VLCCs IN SEVEN DAYS

By Public Information Officer

Covington, Louisiana, December 10, 2018
 
In the last seven days, three VLCCs have departed LOOP’s Marine Terminal full of domestic crude oil.  As the demand for exports from Louisiana increases, the efficiency of LOOP’s vessel loading service has delivered value to the global petroleum marketplace.
 
The three VLCCs all arrived at the LOOP deepwater port completely empty and departed fully loaded with various crude types that can be sourced from LOOP’s Clovelly Hub, including a light sweet grade. LOOP has been a hub for domestic crude production since 1996 and handles a wide spectrum of domestically produced energy including WTI, LLS, Eagle Ford, Bakken, Mars, THB and specialty grades.   
 
These three VLCCs were loaded one after the other, significantly reducing overall load time at the Port. As the demand to load at LOOP grows, this same loading strategy can be utilized, reducing the time to fully load a VLCC at LOOP to as little as two days. 
 
“This is a great proof point of the value of our ownership interest in LOOP” said Kevin Nichols, EVP, Shell Midstream US. “The US Gulf Coast plays an important role in providing the energy that the world needs, and LOOP is strategically positioned and has the capability to respond to the growing global market demand. As we see growth in our key connected systems across the region, we also expect to see future growth at LOOP.”
 
LOOP, as the nation’s only deepwater port, was constructed specifically for the safe and efficient handling of VLCC’s, and began export operations in February 2018. LOOP offers its vessel loading service using already-built infrastructure that both minimizes environmental risks and impacts and focuses on sustainability as the best use of our nation’s existing assets. As market demand grows, LOOP will expand vessel loading services in coordination with concerned agencies and stakeholders to ensure its activities remain fully protective of the environment and public health.
 
 
LOOP LLC
Business Development
137 Northpark Blvd
Covington LA  70433
 
 
###

  
About Louisiana Offshore Oil Port LLC
 
LOOP LLC provides crude oil offloading, loading, transportation, terminalling and storage services. It owns and operates the nation’s only crude oil deepwater port, which includes three single-point mooring (SPM) buoys in the U.S. Gulf of Mexico, approximately 18 miles offshore of Louisiana. The SPMs can accommodate very large crude carriers, ultra-large crude carriers, medium-range Jones Act compliant tankers and floating production, storage and offloading deepwater facility shuttle tankers. LOOP also provides logistics services to pipelines that connect to regional and national pipeline networks and refining facilities. LOOP has more than 72 million barrels of crude oil storage capacity at its Clovelly Hub in Galliano, La. LOOP is a joint venture of Marathon Petroleum Company LP, as majority owner; Shell Oil Company; and Valero Terminalling and Distribution Company.
 

Read More
December 01, 2018

Clovelly Hub 6 Month Capacity Outlook

By Public Information Officer

December 1, 2018

LOOP tracks the amount of capacity in service at the Clovelly Hub monthly.  A six month capacity forecast follows in the table below.
 
LOOP performs rigorous maintenance, inspection and testing of its facilities, including its above ground tankage and underground caverns.  At specified intervals, these activities require LOOP to remove assets from active service, thus reducing capacity. Those maintenance and construction activities are just a fraction of the work performed, within the LOOP Safety Management System framework, to continually improve the operation.      

 

LOOP Clovelly Hub 6 Month Capacity Outlook
2018/2019 Total Above Ground Capacity Underground Capacity
December 100% 100% 100%
January 99% 95% 100%
February 99% 95% 100%
March 98% 90% 100%
April 98% 90% 100%
May 98% 90% 100%

Read More
December 01, 2018

LOOP Sour Quality Message

By Public Information Officer

For the month of November 2018 LOOP has delivered over 530,000 barrels of LOOP Sour Crude Oil from LOOP Sour Storage. The charts below show the quality characteristics of LOOP Sour Crude Oil deliveries to connecting carrier pipelines for the months December 2015 - November 2018 .  The utilization rate of the CACs for the month of November 2018 was 21%.

Gravity.pngSulfur.png

LOOP will be issuing similar reports on a monthly basis. Please check loopllc.com for updates.

 

Density is determined by continuous density measurement utilizing online densitometers and the weighted-average reading obtained during the batch delivery for the gross standard volume calculation. Density results are then verified using API Manual of Petroleum Measurement Publications (MPMS), Chapter 9 Section 3 “Standard Test Method for Density, Relative Density, and API Gravity of Crude Petroleum and Liquid Petroleum Products by Thermohydrometer Method” for the net standard volume calculation.   

 

Sulfur is determined by the use of a Horiba Sulfur-in-Oil Analyzer. This instrument uses Energy Dispersive X-ray Fluorescence to determine total Sulfur in Petroleum products. ASTM method D4294 “Standard Test Method for Sulfur in Petroleum and Petroleum Products by Energy Dispersive X-ray Fluorescence Spectrometry” is used. Note, this field lab test is conducted on an observed composite sample without water distillation.

Read More
November 21, 2018

LOOP PERFECTS EXPORT OPERATIONS

By Public Information Officer

Covington, Louisiana, November 21, 2018
 
In response to multiple inquiries, LOOP confirms its deepwater port loading capabilities are able to meet market demand after successfully loading multiple VLCC’s for export during 2018.  
 
LOOP, as the nation’s only deepwater port, is constructed specifically for the safe and efficient handling of VLCC’s (Very Large Crude Carriers), and began export operations in February 2018.  
 
Since the Crimson/MPLX announcement of the Swordfish pipeline reversal, LOOP reports customer requests concerning its deepwater port export capabilities have skyrocketed, said Wade Tornyos, Public Information Officer.
 
Projected inland crude flow increases will tap LOOP’s flexibility and capacity to stage and load large volumes of crude oil.  Crude oil arrives at LOOP’s Clovelly Hub from several domestic sources, including Deepwater Gulf of Mexico production, U.S. mid-continent production on the Zydeco pipeline system and newly proposed, from St. James on the existing and repurposed Swordfish system.
 
The Clovelly Hub offers a unique suite of services utilizing its already-built infrastructure.  The number of vessels loaded can be scaled to meet increasing market demand with the utmost efficiency and environmental care.
 
 
 
LOOP LLC
Business Development
137 Northpark Blvd
Covington LA  70433
 
 
 
###
 
 
About Louisiana Offshore Oil Port LLC
 
LOOP LLC provides crude oil offloading, loading, transportation, terminalling and storage services. It owns and operates the nation’s only crude oil deepwater port, which includes three single-point mooring (SPM) buoys in the U.S. Gulf of Mexico, approximately 18 miles offshore of Louisiana. The SPMs can accommodate very large crude carriers, ultra-large crude carriers, medium-range Jones Act compliant tankers and floating production, storage and offloading deepwater facility shuttle tankers. LOOP also provides logistics services to pipelines that connect to regional and national pipeline networks and refining facilities. LOOP has more than 72 million barrels of crude oil storage capacity at its Clovelly Hub in Galliano, La. LOOP is a joint venture of Marathon Petroleum Company LP, as majority owner; Shell Oil Company; and Valero Terminalling and Distribution Company.
 

Read More
March 27, 2018

LOOP VLCC Loading Update

By Public Information Officer

Covington, Louisiana, March 27, 2018

 

In response to multiple inquiries; LOOP LLC confirms that it has successfully completed the second Very Large Crude Carrier (VLCC) crude oil loading operation at its deepwater port, located 18 miles offshore of Port Fourchon, La.  The vessel was fully loaded and sailed in March 2018.    

 

LOOP is the only U.S. Port capable of fully loading a VLCC, which helps optimize America’s energy supply chain by enabling inbound vessels delivering foreign crude oil to leave LOOP with U.S. crude oil, rather than returning empty. 

  

LOOP, which has successfully offloaded more than 10,200 crude oil vessels since commencing operations in 1981, is currently preparing its 2018 shipping schedule, which is scalable based on market demand.   

 

-          End -

 

About Louisiana Offshore Oil Port LLC

 

LOOP LLC provides crude oil offloading, loading, transportation, terminalling and storage services. It owns and operates the nation’s only crude oil deepwater port, which includes three single-point mooring (SPM) buoys in the U.S. Gulf of Mexico, approximately 18 miles offshore of Louisiana. The SPMs can accommodate very large crude carriers, ultra-large crude carriers, medium-range Jones Act compliant tankers and floating production, storage and offloading deepwater facility shuttle tankers. LOOP also provides logistics services to pipelines that connect to regional and national pipeline networks and refining facilities. LOOP has more than 72 million barrels of crude oil storage capacity at its Clovelly Hub in Galliano, La. LOOP is a joint venture of Marathon Petroleum Company LP, as majority owner; Shell Oil Company; and Valero Terminalling and Distribution Company.

 

Read More
January 29, 2018

LOOP Sour Weekly Quality Message 01-29-2018

By Public Information Officer

The LOOP Sour Quality Message for deliveries made through January 29th, 2018 can be found in the link below.

Weekly-LOOP-Sour-Quality-01-29.pdf

LOOP will be issuing similar reports on a weekly basis. Please check loopllc.com for updates.
 
Density is determined by continuous density measurement utilizing online densitometers and the weighted-average reading obtained during the batch delivery for the gross standard volume calculation. Density results are then verified using API Manual of Petroleum Measurement Publications (MPMS), Chapter 9 Section 3 “Standard Test Method for Density, Relative Density, and API Gravity of Crude Petroleum and Liquid Petroleum Products by Thermohydrometer Method” for the net standard volume calculation.   
 
Sulfur is determined by the use of a Horiba Sulfur-in-Oil Analyzer. This instrument uses Energy Dispersive X-ray Fluorescence to determine total Sulfur in Petroleum products. ASTM method D4294 “Standard Test Method for Sulfur in Petroleum and Petroleum Products by Energy Dispersive X-ray Fluorescence Spectrometry” is used. Note, this field lab test is conducted on an observed composite sample without water distillation.

LOOP will be issuing similar reports on a weekly basis. Please check loopllc.com for updates.
 
Density is determined by continuous density measurement utilizing online densitometers and the weighted-average reading obtained during the batch delivery for the gross standard volume calculation. Density results are then verified using API Manual of Petroleum Measurement Publications (MPMS), Chapter 9 Section 3 “Standard Test Method for Density, Relative Density, and API Gravity of Crude Petroleum and Liquid Petroleum Products by Thermohydrometer Method” for the net standard volume calculation.   
 
Sulfur is determined by the use of a Horiba Sulfur-in-Oil Analyzer. This instrument uses Energy Dispersive X-ray Fluorescence to determine total Sulfur in Petroleum products. ASTM method D4294 “Standard Test Method for Sulfur in Petroleum and Petroleum Products by Energy Dispersive X-ray Fluorescence Spectrometry” is used. Note, this field lab test is conducted on an observed composite sample without water distillation.

Read More
January 22, 2018

LOOP Sour Crude Assay Available

By Public Information Officer

LOOP has published a second LOOP Sour Crude Assay dated December 2017. The complete assay can be found at the below link.

https://www.loopllc.com/Services/LOOP-Sour-Storage

Read More
January 02, 2018

LOOP Sour Weekly Quality Message

By Public Information Officer

The LOOP Sour Quality Message for deliveries made through January 2nd, 2018 can be found in the link below.

Weekly-LOOP-Sour-Quality-01-02.pdf

LOOP will be issuing similar reports on a weekly basis. Please check loopllc.com for updates.
 
Density is determined by continuous density measurement utilizing online densitometers and the weighted-average reading obtained during the batch delivery for the gross standard volume calculation. Density results are then verified using API Manual of Petroleum Measurement Publications (MPMS), Chapter 9 Section 3 “Standard Test Method for Density, Relative Density, and API Gravity of Crude Petroleum and Liquid Petroleum Products by Thermohydrometer Method” for the net standard volume calculation.   
 
Sulfur is determined by the use of a Horiba Sulfur-in-Oil Analyzer. This instrument uses Energy Dispersive X-ray Fluorescence to determine total Sulfur in Petroleum products. ASTM method D4294 “Standard Test Method for Sulfur in Petroleum and Petroleum Products by Energy Dispersive X-ray Fluorescence Spectrometry” is used. Note, this field lab test is conducted on an observed composite sample without water distillation.

Read More
AnnouncementsLatest Announcements RSS

Over 12 Billion

Barrels of crude oil received