Title : Fast And Furious -- July 23, 2018
link : Fast And Furious -- July 23, 2018
Fast And Furious -- July 23, 2018
Fast and furious (we'll get back to these when time permits)- Oh-oh: Saudi Arabia to spend billions on foreign investments -- oh, oh -- kingdome to create funds to support ventures, bolster legal environment after FDI plummets -- WSJ; foreign investment fell to a 14-year-low in 2017
- Oh-oh: Trudeau can't find buyer for Trans Mountain -- over at GlobalNews
- Oh-oh: Tesla asking for its money back -- LOL; says it's a common practice in the automotive industry; again, over at The WSJ
- Oh-oh? After pumping more oil for Trump, Saudis doubt if it's needed -- Bloomberg via Rigzone
- I wish I had said that: plastic straws, over at The Coyote Blog
- Making America great again: yet another story in The WSJ on trucks -- truckers looking to haul in more profits
**********************************************
Back to the Bakken
HAL beats: North American revenue rose 38%; international revenue a paltry rise of 6% -- tells one where the activity is, doesn't it?
Active rigs:
| $68.95↑ | 7/23/2018 | 07/23/2017 | 07/23/2016 | 07/23/2015 | 07/23/2014 |
|---|---|---|---|---|---|
| Active Rigs | 67 | 58 | 32 | 70 | 194 |
RBN Energy: Permian producers' options when severe gas takeaway constraints arise.
Permian producers continue to walk a tightrope, almost perfectly balanced between still-rising production of natural gas and the availability of gas pipeline takeaway capacity to transport that gas to market. Don’t get us wrong. There are gas takeaway constraints out of the Permian, as evidenced by a Waha cash basis that averaged more than 50 cents/MMBtu last week. But a combination of factors — including increased flows to Mexico and a couple of small, under-the-radar expansions of existing takeaway pipes — has prevented the Waha basis from tumbling to $1 or even $2/MMBtu. But that big fall may still happen — in fact, you could say that odds are that severe takeaway constraints and differential blowouts will occur within the next few months. If and when that happens, what can producers do to quickly regain their balance? Today, we discuss recent developments in Permian gas markets and the options that producers, gas processors and midstream companies may need to consider if things get really tight.
Philippe Petit, the French high-wire artist who in 1974 famously walked (eight times!) between the twin, 110-story towers of the original World Trade Center in New York City, once said, “When I see three oranges, I juggle; when I see two towers, I walk.” Well, when oil and gas producers see a hydrocarbon resource as gargantuan and as promising as the Permian, they jump in with both feet, even if it requires multibillion-dollar investments in infrastructure and poses the risk of huge, profit-squeezing price spreads if production growth outpaces the ability of pipelines to transport crude oil and natural gas to end-users.
Thus Article Fast And Furious -- July 23, 2018
That's an article Fast And Furious -- July 23, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article Fast And Furious -- July 23, 2018 with the link address https://mylivemyidea.blogspot.com/2018/07/fast-and-furious-july-23-2018.html
0 Response to "Fast And Furious -- July 23, 2018"
Post a Comment