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.
The Bentek Eagle Ford crude oil production outlook back in 2011 pointed to a four fold increase in production to 900 Mb/d over the five years to 2016. That number was actually achieved in under two years and today’s forecast calls for 1.5 MMb/d production by 2016.
The TransCanada Energy East project proposes converting 1865 miles of the natural gas Mainline system and constructing 870 miles of new pipeline to deliver at least 500 Mb/d of crude oil to eastern Canada from Alberta. The pipeline conversion could solve two problems.
By Al Troner, President Asia Pacific Energy Consulting (APEC)
Data from Genscape showing rail terminal loading volumes in North Dakota and pipeline receipts into the Enbridge North Dakota pipeline suggest that shippers are switching barrels from rail back to pipeline this month (May 2013).
We’ve been talking about growing natural gas liquid (NGL) production in recent weeks from the Williston Basin, the Eagle Ford, the Northeast and other geographies. We have also previously discussed the mismatch between NGL production growth and incremental domestic demand, but we have yet t
Recently there has been a spate of pipeline tariff filings to the Federal Energy Regulatory Commission concerning crude oil quality specifications for Bakken crude in North Dakota. While the immediate disagreement between pipeline company Enbridge and shipper Plains Marketing appears to hav
Crude-by-rail has had a huge impact on the market for tank cars. Currently there are 53,000 tank cars on back order and more orders are coming in. That’s up from a backlog of 48,000 just a couple of months ago.
Production forecasts for natural gas in the Appalachian Marcellus shale have doubled from 7 bcf/d to 14 bcf/d in less than two years. As a result northeast demand for natural gas will be almost entirely met from local production in coming years.
The monthly and weekly Propane Billboard reports feature insightful commentary and analysis of historical and anticipated trends in the U.S with a deep dive into the propane supply and demand balance by PADD. It includes a custom 1-year forecast with commentary and analysis on emerging market opportunities.
Last Thursday (May 16, 2013) the Ohio Department of Natural Resources offered a rare glimpse into 2012 production in the Utica shale. In a long awaited report, the State said that 87 wells drilled by 11 companies produced about 1750 b/d of oil and 35 MMcf/d of gas.
There is a bright future for crude by rail in the oil shale plays regardless of what happens to crude price differentials. That is because the flexibility of rail transport meshes well with the rhythm of shale oil development.
