Blue Dolphin Energy Co. Profile

Blue Dolphin Energy Company, through its subsidiaries, engages in the gathering and transportation of natural gas and condensate, as well as in the development of oil and gas properties in the United States.

The company operates in two segments, Pipeline Transportation Services, and Oil and Gas Exploration and Production.

The Pipeline Transportation Services comprise offshore and onshore divisions.

The offshore division transports gas and liquids and owns approximately 34 miles of 20-inch pipeline from a platform in Galveston Area Block 288 to shore.

It also owns a platform and 5 field gathering lines totaling approximately 27 miles, connected to the main 20-inch line.

An additional 4 miles of 20-inch pipeline onshore connects the offshore division to the shore facility at Freeport, Texas.

The onshore division owns approximately 2 miles of 16-inch pipeline for transportation of gas from the shore facility to a sales point at Freeport, Texas.

It also owns the Buccaneer Pipeline, an 8-inch liquids pipeline, which transports crude oil and condensate from the storage tanks to its barge-loading terminal on the Intracoastal Waterway near Freeport, Texas for sale to third parties.

The Oil and Gas Exploration and Production segment engages in the exploration, acquisition, development, and operation of oil and gas properties in the western and central Gulf of Mexico.

It holds a license to approximately 200 blocks of 3-D seismic data covering 1,152,000 acres in the western Gulf of Mexico and inventory of close grid 2-D seismic data.

The company focuses primarily in the geographical areas of Texas and Louisiana Gulf Coast, and the Gulf of Mexico shelf.

Blue Dolphin Energy was incorporated in 1986 and is based in Houston, Texas.

 

 

 


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