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Title : TGIF -- November 2, 2018
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TGIF -- November 2, 2018

Apple: thinking differently.

Keystone XL: update; pending.

COP departs Barnett: pending.

NOVA Gas: pending.

US, OPEC flood oil market: midterms? Sustainable? Pending.

Red Sea Project: remember the name -- Yanbu. Pending.

Iran sanctions, over at Rigzone. Pending.

Shell, re-posting. Shell produces one of it s strongest quarters ever. Rigzone. Pending.

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Back to the Bakken

Wells coming off confidential list today:

• No wells coming off the confidential list today.
  

Active rigs:

$63.51↓↓↓	11/2/2018	11/02/2017	11/02/2016	11/02/2015	11/02/2014
Active Rigs	68	55	35	69	193

RBN Energy: domestic light oil processing in the USGC: have we hit the limit? Wow! What a great article! Archived.

Refineries along the U.S. Gulf Coast (USGC), which account for half of the country’s total refining capacity, are generally among the most sophisticated and complex anywhere, with configurations that enable them to break down heavy, sour crude oil into high-value, low-sulfur refined products.

However, over the past eight years, the USGC has been flooded with increasing volumes of light, sweet crudes produced in the Eagle Ford, the Permian and other U.S. shale plays as new pipelines were constructed or reversed to the coast for domestic refining or export. Still more pipelines will be coming online over the next year. Today, we evaluate how much domestic crude oil has been absorbed into the USGC refining system, the implications to the overall crude slate qualities, and options for increasing domestic crude oil processing in the near term.

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