Mexico Contends with Ethane Shortage
Executive Summary: Rigs: The total rig count increased by 2 for the November 17 week, up to 564 from 562. Flows: The Thanksgiving…
Natural Gas Liquids
ONEOK Reaches $4.3B Deal to Complete EnLink Merger
ONEOK will fully merge with EnLink Midstream after reaching an agreement to acquire the rest of ENLC’s units for $4.3B.
Is a Marcus Hook Expansion Near? Dots Connect to Future ET Project
Will Energy Transfer (ET) ever pull the trigger on a Marcus Hook LPG expansion? East Daley can see the outline…
Connecting the Dots to a Future Marcus Hook Expansion
Executive Summary: Rigs: The total rig count decreased by 4 for the November 3 week, down to 563 from 567.…
Time to Talk Dock Expansions? Northeast LPG Capacity Looks Tight
NGL production in the Northeast hit a new high in 2Q24 and East Daley expects output held at record levels…
LPG Export Outlook Stays Bullish
Executive Summary: Rigs: The total rig count decreased by 1 for the October 27 week, down to 559 from 560.…
Tight Dock Space Pays Off for LPG Exporters
Executive Summary: Rigs: The total rig count decreased by 10 for the week of October 20 from 571 to 561.…
The Hot Cash-and-Carry Trade in Energy
Very low ethane cash prices and the steep contango shape of the forward curve in early August ’24 created an…
Price Contango Creates Ethane Storage Play
Executive Summary: Rigs: The total rig count decreased by 9 for the October 13 week, down to 560 from 569. Liquids-driven…
Shell Cracker Draws Northeast Ethane to Record High
Ethane production in the Northeast hit a new record in 2Q24 of 394 Mb/d, led by demand from Shell’s Monaca…