Title : January 3, 2018
link : January 3, 2018
January 3, 2018
Wells coming off the confidential list today -- Thursday, January 3, 2019:34991, conf, Petroshale, Horse Camp West 2TFH,
33587, conf, Oasis, Muri 5298 14-28 10B,
33584, conf, Oasis, Muri 5298 14-28 13TX,
33430, conf, MRO, Big Head USA 41-2TFH,
33018, conf, Hess, EN-Thompson Trust-154-94-1930H-11,
32272, conf, Slawson, Submariner Federal 2-23-20H,
30890, conf, Oasis, Stenberg 5199 11-9 8B,
Active rigs:
| $47.26 | 1/3/2019 | 01/03/2018 | 01/03/2017 | 01/03/2016 | 01/03/2015 |
|---|---|---|---|---|---|
| Active Rigs | 66 | 53 | 39 | 60 | 171 |
RBN Energy: IMO 2020's effect on prices for crude, refined products and refinery residue, part 4.
The implementation date for IMO 2020, the international rule mandating a shift to low-sulfur marine fuel, is less than 12 months away. It’s anyone’s guess what the actual prices of Brent, West Texas Intermediate (WTI) and other benchmark crudes will be on January 1, 2020, or how much it will cost to buy IMO 2020-compliant bunker a year from now. What is predictable, though, is that the rapid ramp-up in demand for 0.5%-sulfur marine fuel is likely to affect the price relationships among various grades of crude oil, and among the wide range of refined products and refinery residues — everything from high-sulfur residual fuel oil (HSFO, or resid) to jet fuel. The refinery sector is in for an extended period of wrenching change, and today we conclude our blog series on the new bunker rule with a look at the structural pricing shifts needed to support the availability of low-sulfur marine fuel.
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