A Final Hurdle for Trans Mountain Pipeline Expansion
The US rig count is flat with total rigs remaining at 599. Liquids basins lost 1 rig. The Anadarko and…
Crude
US Crude Production at New High, by One Measure
The US rig count increased 1 W-o-W to bring the total count to 599. Liquids basins overall gained 4 rigs,…
Gulf of Mexico Production Climbs on Deepwater Projects
Several deepwater projects have started up this year and are helping lift US Gulf of Mexico (GOM) oil production.
EDA Lowers NuStar View as Crude Volumes Disappoint
East Daley Analytics has lowered our forecast for NuStar Energy (NS) ahead of the company’s 3Q23 earnings following an underwhelming…
Projects Expand Port of Calhoun Oil Exports
The US rig count decreased by 3 W-o-W to bring the total count to 598. Liquids basins overall lost 4…
Deepwater Projects Spur Growth in Gulf of Mexico
The US rig count decreased by 8 W-o-W to bring the total count to 601. Liquids basins lost 6 rigs…
Exxon-Pioneer Would Create a Monster for Permian Midstream
ExxonMobil is reportedly near a deal to buy Pioneer Resources for $60B, according to the Wall Street Journal. The merger…
Permian Flows Increase to Houston: CHM
The US rig count decreased by 11 W-o-W to bring the total count to 609. Liquids basins overall lost 9…
Trans Mountain Project Dodges a Bullet
Canadian regulators have approved a request to modify the permits for a section of the Trans Mountain Pipeline expansion, avoiding…
Falling Stocks Supports Move to $90 Crude Oil
Storage facility operators have reported stocks draws eight of the last 10 weeks to the Energy Information Administration, supporting a…