Friday, February 23, 2018

Friday, February 23, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Friday, February 23, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Friday, February 23, 2018
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Friday, February 23, 2018

IP30 Data in the Bakken: from a SeekingAlpha article last August 23, 2017 -- I will come back to this one later today. 

Active rigs:

$62.74 2/23/2018 02/23/2017 02/23/2016 02/23/2015 02/23/2014
Active Rigs 56 41 39 126 187

RBN Energy: a downside for many midstreamers in new tax law.
While the recently enacted federal tax cuts have been widely viewed as a boon to corporate America, including businesses in the energy sector, a new report by our friends at East Daley Capital finds a major drawback in the law for midstream companies. By slashing the corporate tax rate from 35% to 21% — and by allowing partnerships and “pass-through” entities to take a 20% deduction on their income pre-tax — the new law will increase the return on equity that midstreamers earn on their crude oil, NGL and natural gas pipelines.
That may well lead the Federal Energy Regulatory Commission (FERC) to re-set its formula rates for at least some gas pipelines, and also is likely to heighten regulatory scrutiny of the rates charged by the owners of oil and NGL pipelines. Today, we continue our review of East Daley’s new “Dirty Little Secrets” report with a look at the tax law, the higher pipeline ROEs resulting from the tax cuts, and the midstream companies that may be affected most.


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