EPA Halts Methane Rule -- June 1, 2017

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Title : EPA Halts Methane Rule -- June 1, 2017
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EPA Halts Methane Rule -- June 1, 2017

Active rigs:


6/1/2017 06/01/2016 06/01/2015 06/01/2014 06/01/2013
Active Rigs 48 27 80 189 187

RBN Energy: where refiners are allocating their 2017 CAPEX dollars.

Jobless claims: econoday --
  • forecast: 239K
  • prior: 234K
Deal of the month -- Rigzone: Noble Energy exits Marcellus, data points:
  • $1.9 billion
  • two deals
  • will focus on DJ Basin, Delaware Basin, and Eagle Ford 
Making America great again -- Reuters: US EPA halts methane rule for oil and gas industry, data points:
  • 90-day stay, comment period
  • environmental groups say they will block EPA move in court
Making Saudi great again -- Reuters: Saudi Aramco signs deals to build gulf's biggest shipyard, data points:
  • $5.2 billion project
  • joint venture with three companies
  • Saudi's National Shipping Co
  • UAE's engineering firm Lamprell, PLC
  • South Korea's Hyundai Heavy Industries 
  • 1.7 square mile shipyard along Saudi's east coast
  • major production to begin in 2019; full capacity by 2022


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