Matterhorn Leads 4Q Permian Production Higher
Executive Summary: Rigs: The total rig count decreased by 2 for the August 25 week, down to 566 from 568.…
Crude
Coincidence? Permian Production is Primed to Pop as WTI Falls
Permian Basin oil production is primed to grow along with natural gas in 4Q24 when Matterhorn Express Pipeline comes online.…
ONEOK the Consolidator (Medallion Edition)
ONEOK (OKE) is buying Medallion Midstream for $2.6B and expanding into Permian crude gathering. Strategically the move makes sense, and…
ENB Mainline Lowers Rates as Pipe Competition Heats Up
Executive Summary: Rigs: The US total rig count decreased by 2 for the August 18 week, down to 563 from…
All Aboard? Labor Strife May Derail Canadian Crude Imports
The Canadian government intervened to end a rail strike between the Teamsters and the country’s two largest rail companies. Yet…
LOOP is Fenced Out of Export Growth
Executive Summary: Rigs: The US rig count decreased by 12 for the August 11 week, down to 544 from 556.…
Energy Transfer, True Co. Fight for Next Bakken Barrel
East Daley expects the competition to move crude oil production growth from the Bakken will come down to two pipelines.
Canadian Rail Strike May Slow Heavy Crude Imports
Executive Summary: Rigs: The US rig count decreased by 9 for the August 4 week, down to 559 from 568.…
Capline Rolls With New Crude Market Reality
Faced with a loss of Canadian barrels, Capline Pipeline could become a supplier of light sweet Bakken crude to the…
Pipelines Fight for the Incremental Bakken Barrel
Executive Summary: Rigs: The US total rig count decreased by 2 for the July 28 week, down to 557 from…