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.
A tsunami of natural gas storage projects has been building along the Gulf Coast, most of them aimed at meeting the growing demand for flexible, responsive storage capacity near new LNG export terminals and gas-fired power plants.
Neither midstream companies nor the folks who run them can be put into neat and simple categories. Each is unique. At the same time, however, there’s no doubt that some midstreamers take a more aggressive approach to developing projects, while others are more cautious.
NGL Voyager offers subscribers a comprehensive market analysis of natural gas liquids exports which are driven by fundamentals, and combined with the latest industry buzz. The report examines U.S. export trends for propane, butane and ethane, and includes port of origin, destination and volume.
US rig count grew to 548 for the week ending October 17 according to Baker Hughes data, an increase of one vs. a week ago. Rigs were added in the Permian (+1), Eagle Ford (+1), Anadarko (+1) and Niobrara (+1), while the Haynesville (-1) and Gulf of Mexico (-2) both reported losses.
Canadian drilling went in opposite directions with a small decline in gas rigs but a solid increase in oil rigs for the week of October 17.
The Trump administration promised to put wind in the sails of the fossil fuels industry, but the Federal Energy Regulatory Commission has failed to resolve a key issue regarding the liquids pipeline rate index, under which the commission adjusts the rates charged to shippers on FERC-regulated cru
Net refinery inputs plunged nearly 1.2 MMb/d due to planned and unplanned maintenance
LNG feedgas from Cove Point returned on Sunday, but aside from that gas demand in the Northeast for the week ended October 14 was flat to the prior week.
The Propane Master Class will examine the full spectrum of propane market dynamics, including production modeling, analyzing midstream infrastructure and transport, reviewing Texas state-level gas processing data and NGL pipeline flows, and modeling seasonal demand with weather data. The session will also cover global trade flows, retail and wholesale market structures, contract modeling, and wholesale versus retail pricing. Learn how seasonal trends, export markets, and weather patterns shape propane economics and pricing.
Propane stocks built 1.9 MMbbl, exceeding expectations, as exports stayed robust at 2.1 MMb/d.
ARM Energy Holdings has reached a final investment decision for the 2.5-Bcf/d Mustang Express Pipeline, which will support Sempra Infrastructure’s Port Arthur LNG Phase 2, the latest of several major LNG projects in the Sabine River area to reach FID.
Alberta gas storage is at a record level for this time of year and should trend to a new record for the end of October and the start of the heating season
