In The News

Thursday, 07/12/2018

July 6, 2018 – Oil & Gas Investor

Frac Spread: Train Your Sights On The Price Differential

By: Joseph Markman

The price of the hypothetical NGL barrel at Mont Belvieu, Texas, shot up 6.7% in the five-day week ending before Independence Day to nearly $36, once more reaching a level not seen since October 2014 in the midst of the commodity price collapse that saw a 50% plunge in the last six months of the year.

Propane and normal butane also experienced hefty upticks at both Mont Belvieu and at Conway, Kan. Propane was up 10.4% at Mont...

Thursday, 07/12/2018

June 27, 2018 – Reuters

Natural gas execs see 'century of supply' in U.S. shale

By: Ernest Scheyder

WASHINGTON (Reuters) - Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, industry executives and government officials said at a conference here.

Already the world’s largest gas producer, the United States can expand shale gas output another 60 percent in the coming decades, according to at...

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...