In The News

Thursday, 07/12/2018

June 25, 2018 – Natural Gas Intelligence

Leach XPress, Sabine Pass Outages Show Converging Domestic, Global NatGas Markets, Say RBN

By: Jeremiah Shelor

U.S. liquefied natural gas (LNG) exports have arrived, and recent North American market events show how the growing push-and-pull between domestic and global gas markets is here to stay, according to RBN Energy LLC analyst Sheetal Nasta.

With the start-up of five liquefaction trains -- four at Cheniere Energy Inc.’s Sabine Pass and one at Dominion Energy Inc.’s Cove Point...

Thursday, 07/12/2018

June 20, 2018 – Journal of Petroleum Technology

Is the Permian Barreling Toward a Breaking Point?

By: Matt Zborowski

The next year could spell trouble for operators producing oil in West Texas and southeastern New Mexico.

The Permian Basin currently has more crude than it can handle, and production there continues to grow at a steady rate month-over-month after surpassing 3 million B/D earlier this year, according to data from US Energy Information Administration (EIA).

Pipeline takeaway capacity isn’t sufficient and won’t be until...

Thursday, 07/12/2018

June 14, 2018 – Seatrade Maritme News

US LNG exports reshaping global shipping flows

The tide has now shifted now shifted for US LNG exports resulting in a reshaping of global shipping flows.

By: Barry Parker

According to US consultancy RBN Energy, “Three years ago, US lower-48 LNG exports were zero. Today that number is above 3.0 Bcf/d.” This equates to roughly 14m tons of LNG, if annualised. Consultants McKinsey, in their Feb. 2018 Energy Insights newsletter, wrote: “this rise in US exports has already begun to...

Thursday, 07/12/2018

June 11, 2018 – Natural Gas Intelligence

Natural Gas Pipeline Constraints Destroyed Up to 4 Bcf/d in January Bomb Cyclone, Says RBN

By: Jeremiah Shelor

In January, when constraints sent natural gas prices skyrocketing during the “bomb cyclone” in the Northeast, the lack of pipeline capacity destroyed as much as 4 Bcf/d of demand as more coal and fuel oil entered the market, according to RBN Energy’s David Braziel, who directs finance and fundamental analysis.

Braziel, during a presentation in Boston at this week’s LDC Gas...

Thursday, 07/12/2018

June 6, 2018 – Hellenic Shipping News Worldwide

Gas Glut in Permian Sparks Dilemma Over How Much to Burn

Texas is facing a burning question that’s pitting the state’s economy against its environment, and oil drillers against each other.

With natural gas pipelines in the Permian Basin reaching 98 percent of capacity, Texas is weighing whether to keep intact or loosen strict state regulations that limit flaring, the process used by drillers to burn off excess gas pumped up along with their oil. Now the limit for individual wells is 45 days. After...