Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Oil Majors To Bury Investors -- Bloomberg -- October 9, 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 : Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018
link : Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018

Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018

Boom! Lead story over at Rigzone today. Oil majors to bury investors. 

*********************************

Back to the Bakken

One well coming off confidential list today --

• 33327, SI/NC, XTO, Dakota Federal 42X-36C, Bear Den, no production data, 

Active rigs:

$74.70😊	10/9/2018	10/09/2017	10/09/2016	10/09/2015	10/09/2014
Active Rigs	64	57	33	68	192

RBN Energy: part 5 -- more plans for offshore crude oil export terminals along the Gulf coast.

Just as midstream companies are in a fierce competition to build new crude oil pipelines from the Permian to the Gulf Coast, there’s a race on to develop what would be the first Gulf Coast terminal in a generation capable of handling fully laden Very Large Crude Carriers. There’s a lot at stake.

Currently, 2-MMbbl VLCCs can be filled to the brim without reverse lightering only at the Louisiana Offshore Oil Port (LOOP), and even if U.S. crude production continues to rise at a fast clip, it’s unlikely that more than another one or two high-capacity, VLCC-ready terminals would be needed over the next five years. And, assuming there’s not an overbuild situation, the project or projects that ultimately advance would be expected to be in-demand and highly utilized — VLCCs are the preferred mode of transporting crude to Asia and other far-away markets, and being able to fully load VLCCs saves the considerable cost and time associated with reverse lightering these supertankers in deep water.

Today, we conclude our series on the fast-paced efforts to develop export terminals in waters deep enough to float VLCCs chock-full of oil.

**********************************

Global Warming

Three items.

Flathead Lake, Montana: folks telling me it's a bit cooler than usual for this time of year and they're expecting more of the lake to freeze over this year than usual.

Yellowstone National Park: some roads through the park were closed earlier than usual due to early snow this year.

Manitoba: unseasonable cold delays western Manitoba harvest -- losses in the millions. Link here. 

https://ift.tt/2dZyQXu

Thus Article Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018

That's an article Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Oil Majors To Bury Investors -- Bloomberg -- October 9, 2018 with the link address https://mylivemyidea.blogspot.com/2018/10/oil-majors-to-bury-investors-bloomberg.html

Tweet

Subscribe to receive free email updates: