Title : Welcome To The Bakken -- Post #26899 -- September 4, 2018
link : Welcome To The Bakken -- Post #26899 -- September 4, 2018
Welcome To The Bakken -- Post #26899 -- September 4, 2018
So, I don't forget:- Mad as hell: beef imports from Argentina increased by 10 percent and accounted for 17 percent of total imports, followed by Uruguay with 7 percent market share and Botswana with 2.65 percent. Imports from the United States increased by 180 percent, but still only represent 0.5 percent of total EU beef imports; the Marshall Plan; NATO support; US bases in Germany; and, in return, 0.5% of total EU beef imports; and the only person in the US who cares? Trump. Free trade? I don't think so. Link here. At the link, search for "0.5."
- Still mad as hell: those Canadian tariffs on US dairy products
- Idlib: back to the future; Obama drew a "reddish" line; Trump will draw a "red" line; John Kerry faults Obama on his "reddish" line -- the Syrians saw Obama's "reddish" as "yellow" -- proceed with caution, but proceed; Inshallah;
- Trust but verify: XTO in the Grinnell; no wells in 30/31 -- what gives? See this post.
- SPR release: Saudi Arabia buying -- speaks volumes, doesn't it?
- Ford: September sales to be released about 9:15 a.m. EDT today
********************************************
Back to the Bakken
Wells coming off the confidential list over the long weekend and today:
Tuesday, September 4, 2018
33923, conf, MRO, Maleckar USA 31-30H, Reunion Bay, no production data,
33122, conf, CLR, Mountain Gap 9-10H2, Rattlesnake Point, some production;
Monday, September 3, 2018
34597, conf, MRO, Sheldon USA 21-30TFH, Reunion Bay, no production data,
32529, conf, Petro-Hunt, USA 153-95-4A-9-8H, Charlson, no production data,
30522, conf, CLR, Burr Federal 15-26H1, Sanish, some production,
29710, conf, CLR, Thorvald 3-6H, Rattlesnake Point, some production, the Thorvald wells are tracked here;
Sunday, September 2, 2018
32965, conf, Oasis, Ceynar 5198 12-5 4B, Banks, huge well; 125K in less than four months;
Saturday, September 1, 2018
None.
Active rigs:
| $71.16↑↑ | 9/4/2018 | 09/04/2017 | 09/04/2016 | 09/04/2015 | 09/04/2014 |
|---|---|---|---|---|---|
| Active Rigs | 63 | 56 | 33 | 75 | 196 |
RBN Energy: MPLX's strategy to pipe more northeast field condensate and heavier NGLs.
The Utica and “wet” Marcellus plays in eastern Ohio, northern West Virginia and western Pennsylvania are producing increasing volumes of natural gas liquids and field condensates that need to be moved to market. In response, MPLX, a master limited partnership formed by Marathon Petroleum Corporation (MPC) six years ago, has been implementing a multi-part strategy to develop new or expanded pipeline takeaway capacity through the Midwest to deal specifically with the heaviest NGLs — natural gasoline and other pentanes — and with field condensates. That work is now largely done, the results have been positive, and MPLX is now undertaking the next phase of its strategy that will further expand the system’s capacity and add a new element: the ability to transport batches of two other, lighter NGLs — normal butane and isobutane — on a few of the same pipelines. Today, we discuss the next steps the company is taking to facilitate the transport of liquid hydrocarbons out of the Utica and Marcellus.
Two years ago we discussed the fact that while most of the market talk about the Utica and wet Marcellus focuses on either natural gas or lighter NGLs like ethane, propane, and butanes (normal and iso-), the side-by-side regions produce sizable volumes of natural gasoline (an NGL also known as plant condensate) and superlight crude (also known as field condensate or lease condensate), both of which are important products that have the potential for value uplift. Plant condensate/natural gasoline, separated out at gas plants and fractionators, is used as a gasoline blending agent, a feedstock for steam crackers and as a diluent — that is, blended into heavy bitumen crudes in Western Canada to reduce viscosity and enable them to flow more easily through pipelines. Field condensate, which is produced at the lease, can be blended into crude oil, run as a feedstock at refineries and condensate splitters or used as diluent, among other things. Also, recall that condensate splitters are simple refineries that process condensate into its component fractions — mostly NGLs, naphtha and distillate or jet kerosene. We noted that most condensate and natural gasoline was being transported within and out of Marcellus/Utica production areas via truck, rail or barge.
Thus Article Welcome To The Bakken -- Post #26899 -- September 4, 2018
That's an article Welcome To The Bakken -- Post #26899 -- September 4, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article Welcome To The Bakken -- Post #26899 -- September 4, 2018 with the link address https://mylivemyidea.blogspot.com/2018/09/welcome-to-bakken-post-26899-september.html
0 Response to "Welcome To The Bakken -- Post #26899 -- September 4, 2018"
Post a Comment