Marketing Trading & Other
Blacksands Pacific's Marketing, Trading and Other segment transports, stores, purchases and markets crude oil (including NGLs and condensate) and natural gas. The segment provides low-cost services to other Blacksands Pacific segments as well as third parties and operates storage facilities. In addition, the marketing and trading group markets Blacksands Pacific's and third-party oil and gas, trades around the marketing segment assets and engages in commodities trading.
The Marketing, Trading and Other segment comprises the following businesses:
- CO2 Source Fields and Facilities – Blacksands Pacific is a user of CO2 injection for enhanced oil recovery (EOR), a technique used to increase production from mature wells. CO2 is processed and transported for use in Blacksands Pacific's EOR program.
- Marketing and Trading – These groups consist of Blacksands Pacific Energy Trade & Supply, LLC (BSPETS), and Blacksands Pacific Energy Services Limited (BSPES), which markets Blacksands Pacific’s equity production and engages in third-party marketing and trading activities; and BSP Cherokee, which trades commodities and securities.