- Analyst Insight
Ethane Production Reaches Record High in March 2024
Ethane production reached a new record in March, but all of it went into storage.
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.
- Analyst Insight
U.S. Crude Exports Now 500 Mbd Below Year-to-Date Average
Crude oil loadings across the U.S. Gulf Coast were steady at 3.5 MMb/d last week, shifting the 4-week moving average to 3.6 MMb/d.
- Blog
Dream Baby - Extensive Connectivity Supports Wink's Emergence as a Major Permian Crude Hub
Situated in West Texas’s Winkler County, the tiny city of Wink (population just under 1,000) might seem easy to overlook but it holds a special place in music history as the childhood home of Roy Orbison — he formed his first band, the Wink Westerners, there in 1949.
- Analyst Insight
Waha Gas Prices Spend 11 Straight Days on the Plus-Side as Capacity Constraints Ease
Capacity constraints have eased somewhat in the Permian Basin, leading Waha outright cash prices for gas to spend 11 straight days in positive territory.
- Analyst Insight
This Isobutane – Normal Butane Thing Is Getting Out of Hand
The Isobutane vs. normal butane differential hit an all-time record in May.
- Analyst Insight
OPEC Alliance to Keep Existing Production Cuts Through End-2025
OPEC Alliance to Keep Existing Production Cuts Through End-2025
- Analyst Insight
Canadian Drilling – Oil Rig Count Rising, While Gas Holds Near Steady
Canadian rig counts are recovering off the lows of spring break up with oil rigs leading the way; gas rigs have been little changed, likely reflecting the current poor gas pricing environment..
- Blog
Stranger in Town - Nigeria Turning to U.S. Crudes to Feed Dangote Refinery
If you asked someone where U.S. crude oil shipments would go when the Obama administration ended the ban on most crude exports in December 2015, it’s not likely that Nigeria would have come to mind. Yet this year marked the second time since the restrictions ended that U.S.
RBN NATGAS Permian
NATGAS Permian is a weekly natural gas fundamentals analysis focusing entirely on the key market drivers within the Permian basin. The report contains details and forecasts around natural gas production, demand, pricing, and a summary of pipeline outflows and capacities from the Permian to neighboring regions.
- Analyst Insight
US Rig Count Unchanged, Holds Steady At 600 Rigs
US oil and gas rig count was unchaged from a week ago, holding at 600 rigs for the week ending May 31 according to Baker Hughes. Rigs were added in the Eagle Ford (+1), Appalachia (+1) and Gulf of Mexico (+1), while the Permian (-2) and Anadarko (-1) both lost rigs.
- Analyst Insight
Bottleneck Grows for CCS Projects Seeking EPA Approval
Less than a handful of Class VI wells have been permitted by the EPA nearly two years after the 45Q tax credit for CCS was enhanced and expanded under the IRA, but there are dozens of projects working their way through the approval process, with nearly 40% of them filed within the last 12 months.
