published by Sandy Fielden on Tue, 02/26/2013 - 20:00
North Dakota Bakken crude production continues to grow at record rates with nearly 770 Mb/d produced in December 2012 up 40 percent since January 2012. The North Dakota Pipeline Authority estimates that 64 percent of that crude was transported to market by rail in December. After local refinery consumption (80 Mb/d) that means 440 Mb/d moving by rail. Today we continue our survey of North Dakota crude rail loading terminals with an in-depth look at three midstream companies that between them can potentialy load 280 Mb/d of crude in North Dakota.
published by Sandy Fielden on Wed, 02/13/2013 - 20:00
Total crude oil shipped out from the South Texas Port of Corpus Christi increased 19 fold between November 2011 and November 2012 from 2.1 MMBbl to 36 MMBbl. All of that crude is coming from the Eagle Ford shale oil basin 70 miles north of Corpus in the form of light crude or condensate via pipeline. Six marine terminals have been built or expanded at Corpus but can they handle the traffic jam? Today we review how the Port is coping.
published by Sandy Fielden on Mon, 01/14/2013 - 18:50
When Plains All American began building out their terminal at St. James in 2004 the business model was based on crude imports flowing through LOOP. That had to change gears along with the market. Since then they have developed a successful business transporting condensate to Western Canada – that is now being supplied from the Eagle Ford basin. Plains also built a crude rail unloading facility at St. James before crude by rail hit the headlines. Today we describe how Plains successfully leveraged their St. James terminal assets.
published by Sandy Fielden on Mon, 08/06/2012 - 18:05
Eagle Ford crude production is close to 600 Mb/d as of July 2012. Most forecasts show that number increasing to about 1,200 Mb/d over the next five years. Takeaway projects being developed today to go online by 2013 have capacity for 1,650 Mb/d.
