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.
More propane production. More exports. More inventories. The U.S. propane market, already oversupplied, is becoming even more so, putting additional downward pressure on prices. At the same time, surging demand from LNG exports and gas-fired power generation is pushing natural gas prices higher.
Crude Oil Permian provides detailed analysis of the fundamental drivers impacting the Permian Basin crude oil market including weekly data, analysis and market intelligence updates of: Permian crude oil supply and demand, pipeline outflows and capacity, prices, and infrastructure updates.
US oil and gas rig count added two rigs vs. a week ago to climb to 548 for the week ending November 7 according to Baker Hughes. Rigs were added in the Haynesville (+1), Gulf of Mexico (+1) and All Other (+4), while the Eagle Ford (-2), Anadarko (-1) and Niobrara (-1) all lost rigs.
Rig counts remained well contained in the early stages of the winter drilling season.
Kinetik achieved full commercial in-service at its Kings Landing natural gas processing complex in late September, adding 220 MMcf/d of gas processing capacity in Eddy County, NM, the company said in its quarterly earnings call November 5.
Out of the blue, Plains All American has scooped up 100% of the EPIC Crude Pipeline.
LNG Canada confirmed the start up of Train 2 LNG production on November 6.
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.
BP has seen significant increases in drilling productivity in 2025 and could consider adding a rig in 2026, the company said during its quarterly earnings call November 4.
In their Q3 Earnings call, Western Midstream (WES) flooded the market with insight on synergies, commercial success and challenges with their new water-related assets.
Tourmaline advances gas strategy with new AltaGas storage, stronger Montney wells, and expanded LNG contracts.
