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June 11, 2018

Thomas L. Shaw to Retire as LOOP LLC President

By Public Information Officer

Louisiana Offshore Oil Port LLC (LOOP) today announced that President Thomas L. Shaw will retire from the company effective July 1. Terrance R. Coleman, who currently serves as senior vice president, Business Services, has been named as LOOP president to replace Shaw.  

Shaw joined LOOP in 2006 as vice president, Operations, after completing more than 25 years’ service at Marathon Petroleum Company, where he held senior management positions in Marathon Pipe Line LLC as well as various engineering, procurement, construction, operations and maintenance roles. He was named as LOOP president on July 1, 2007.

“Tom’s leadership as president has been transformational as LOOP has pushed out beyond its traditional crude import role into other commercial offerings, such as LOOP sour crude storage futures and the first very large crude carrier crude oil loading operation at its Deepwater Port earlier this year,” said John Swearingen, executive vice president of Logistics and Storage for MPLX LP (NYSE: MPLX), a master limited partnership sponsored by Marathon Petroleum Corp. (NYSE: MPC), and chair of the LOOP Owners Committee. “His leadership, expertise and commitment to commercial and operational excellence have helped to make LOOP one of the most respected ports in the nation.  We wish Tom and his family all the best in their retirement.”

Coleman, an executive and professional engineer with 29 years of experience in the pipeline and logistics industry, joined LOOP in 2008 and has held senior management positions in operations, engineering, business development, safety and security. Prior to joining LOOP, Coleman held positions in engineering, mechanical reliability and construction for Shell Pipeline Company, LP. He is a graduate of the Pennsylvania State University and is a Registered Professional Engineer in Louisiana.

“We congratulate Terry on being named as the fourth president of LOOP during its near 40-year history.  His tenure with LOOP brings the continuity needed for the port to continue to meet its core mission to safely and efficiently supply, transport and store crude oils, while expanding its commercial offerings,” Swearingen said. “LOOP and its customers will benefit from Terry’s leadership as we continue to evolve to meet ever-changing global energy needs.”

Over the past 37 years, LOOP has transported more than 11 billion barrels of crude oil into the U.S. for refineries to convert into essential petroleum products.

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June 01, 2018

LOOP Sour Quality Message

By Public Information Officer

For the month of May 2018 LOOP has delivered over 500,000 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 month of May 2018.  The utilization rate of the CACs for the month of April was 44%.

Gravity-(2).pngSulfur-(2).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.
 

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June 01, 2018

Clovelly Hub 6 Month Capacity Outlook

By Public Information Officer

June 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 Total Above Ground Capacity Underground Capacity
June 87% 90% 87%
July 87% 90% 87%
August 87% 90% 87%
September 87% 90% 87%
October 88% 95% 87%
November 88% 95% 87%

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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.   

 

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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.

 

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February 18, 2018

LOOP LLC has successfully completed the first Very Large Crude Carrier (VLCC) crude oil loading operation

By Public Information Officer

LOOP LLC has successfully completed the first Very Large Crude Carrier (VLCC) crude oil loading operation at its Deepwater Port, 18 miles offshore of Port Fourchon, La.  

 

“We are pleased to offer the enhanced capability to safely and efficiently load the largest cargo vessels in the world with crude oil for export,” said Tom Shaw, LOOP president. “There could not be a better time to offer this service as domestic production surpasses 10 million barrels per day in the ever dynamic global crude oil market.” 

 

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. 

 

“The new onloading configuration was accomplished with only minor modifications to existing facilities and is scalable to meet the changing needs of the industry,” Shaw added. 

 

Houston-based Shell Trading Company US (STUSCO) was the shipper of record for this historic cargo.  LOOP, which has successfully offloaded more than 10,200 crude oil vessels since commencing operations in 1981, is currently preparing its 2018 shipping schedule.   

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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.

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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

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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.

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