RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
Neither midstream companies nor the folks who run them can be put into neat and simple categories. Each is unique. At the same time, however, there’s no doubt that some midstreamers take a more aggressive approach to developing projects, while others are more cautious.
US rig count grew to 548 for the week ending October 17 according to Baker Hughes data, an increase of one vs. a week ago. Rigs were added in the Permian (+1), Eagle Ford (+1), Anadarko (+1) and Niobrara (+1), while the Haynesville (-1) and Gulf of Mexico (-2) both reported losses.
The LNG Voyager weekly report provides subscribers with weekly updates of data, analysis and market intelligence on factors affecting feedgas and LNG export volumes, prices and infrastructure, including liquefaction and pipeline projects and capacity contracts.
Canadian drilling went in opposite directions with a small decline in gas rigs but a solid increase in oil rigs for the week of October 17.
The Trump administration promised to put wind in the sails of the fossil fuels industry, but the Federal Energy Regulatory Commission has failed to resolve a key issue regarding the liquids pipeline rate index, under which the commission adjusts the rates charged to shippers on FERC-regulated cru
Net refinery inputs plunged nearly 1.2 MMb/d due to planned and unplanned maintenance
LNG feedgas from Cove Point returned on Sunday, but aside from that gas demand in the Northeast for the week ended October 14 was flat to the prior week.
Propane stocks built 1.9 MMbbl, exceeding expectations, as exports stayed robust at 2.1 MMb/d.
The Crude Voyager is a weekly analysis of U.S. Gulf Coast loading activity that explains the ebbs and flows of crude loadings, destinations, and geopolitical issues impacting U.S. exports. It outlines the major paths for laden tankers hauling U.S. crude all over the world and reflects the change in tanker departures to the main regions that consume U.S. crude.
ARM Energy Holdings has reached a final investment decision for the 2.5-Bcf/d Mustang Express Pipeline, which will support Sempra Infrastructure’s Port Arthur LNG Phase 2, the latest of several major LNG projects in the Sabine River area to reach FID.
Alberta gas storage is at a record level for this time of year and should trend to a new record for the end of October and the start of the heating season
Kinder Morgan’s ongoing conversion of the Double H Pipeline to NGL service is only part of a larger plan by the midstream giant to move Bakken-sourced Y-grade from North Dakota to fractionation centers in Kansas and Texas.
