US Supreme Court to Decide Fate of Uinta Rail Project
Executive Summary: Rigs: The total US rig count decreased by 4 for the June 16 week, down to 560 from…
Crude
Bakken Growth Feeds Guernsey and DJ
Executive Summary: Rigs: The total US rig count decreased by 5 for the June 9 week, down from 565 to…
Permian Basin Growth Despite Rig Reductions
Executive Summary: Rigs: The total US rig count decreased by 6 rigs for the June 2 week, down to 558…
Supply Outlook Diverges for Two Rockies Basins
East Daley recently revised our crude oil supply forecast in the Powder River and Denver-Julesburg basins based on diverging trends.
TRP Shareholders Approve South Bow Spinoff
Executive Summary: Rigs: The total US rig count decreased by 8 for the May 26 week, down to 563 from…
TRP Shareholders Approve South Bow Spinoff
TC Energy (TRP) shareholders voted in favor of spinning off the company’s Liquids Pipelines segment into South Bow Corp. South…
After Marathon Deal, Conoco has Bakken in Crosshairs
ConocoPhillips will acquire Marathon Oil for $17.1B. COP is evaluating cuts to the Bakken drilling program, creating downside for several…
Supply Outlook Diverges for Two Rockies Basins
Executive Summary: Rigs: The total US rig count increased by 2 rigs for the May 19 week, up from 570…
Conoco to Acquire Marathon for $17.B, Eyes Bakken Cuts
Executive Summary: Rigs: The total US rig count decreased by 6 rigs for the May 12 week, down to 562…
Start of TMX Raises the Ante for a Sour Barrel
The Trans Mountain expansion started May 1 from Western Canada. Producers are optimistic the project will elevate Western Canadian Select…