In The News

Friday, 11/09/2018

November 8, 2018 – Natural Gas Intelligence

Severe ‘Takeaway Capacity Disorder’ Striking Permian, Says RBN Chief

By Carolyn Davis

The plethora of natural gas and oil supply clogging the Permian Basin has caused “severe cases of TCD, takeaway capacity disorder” that is going to take more than a few months to cure, according to RBN Energy LLC’s Rusty Braziel.

“For those of you not familiar with this affliction, it’s caused by too much of a good thing -- more production volume than pipeline capacity to get those barrels, or...

Friday, 11/09/2018

October 27, 2018 – Midland Reporter-Telegram

PBPA panelists say pipelines are just part of takeaway issues

By Mella McEwen

Filled-to-capacity pipelines that move Permian Basin crude, natural gas and natural gas liquids to the marketplace are just part of the region's takeaway capacity issues.

That was the message speakers at a panel discussion had for members of the Permian Basin Petroleum Association at its 56th annual meeting Thursday at the Petroleum Club.

Scott Potter, managing director of business development with RBN...

Friday, 11/09/2018

October 12, 2018 – Natural Gas Intelligence

Permian Operators Playing Whack-A-Mole as Pipeline, Labor Constraints Pop Up

By Carolyn Davis

Oil and natural gas pipeline constraints in the Permian Basin may be the headline story, but operators are playing “whack-a-mole” in the giant play, where once one issue is resolved, another immediately pops up, executives said Wednesday.

Devon Energy Corp.’s Kevin Lafferty, senior vice president (SVP), Legacy Reserves Inc. President Dan Wescott and Parsley Energy Inc. SVP Stephani Reed shared a panel...

Friday, 11/09/2018

October 5, 2018 – Bloomberg

DowDuPont Hit as Factory Splurge Boomerangs to Drive Up Costs

By Jack Kaskey

The U.S. shale boom has for years blessed chemical makers with cheap energy, prompting record spending on new factories. Now that unchecked growth is costing the companies big.

DowDuPont Inc., Exxon Mobil Corp., Chevron Phillips Chemical Co. and others invested billions in new plants to take advantage of rock-bottom prices for ethane, a key raw material for making plastic. But they built so much so fast that demand for the feedstock...

Saturday, 09/15/2018

September 12, 2018 – Engineering News Record

LNG Projects Face Headwinds

By Pam Radtke Russell

With new procedures in place to streamline permits for liquefied natural gas export terminals, the Federal Energy Regulatory Commission in late August slated 12 LNG terminals for environmental review. The agency has taken new steps, including hiring independent construction inspection contractors, that will speed the reviews by nine to 12 months, according to FERC.

Despite the measures, however, contracting hiccups and a possible Chinese tariff...