M&A, Efficiencies Clip Wings of Permian Growth
Rig activity continues to decline in the Permian Basin, weighed down by consolidation and operators’ drive to control spending. Rig…
Crude
M&A Transforms Bakken Landscape
Executive Summary: Rigs: The total rig count decreased by 9 for the June 23 week, down to 554 from 563.…
Uinta Railway Project Heads to Supreme Court
The US Supreme Court has agreed to review a case over permitting for a proposed rail project road out of…
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…
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…