Wednesday, March 20, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Wednesday, March 20, 2019, 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 : Wednesday, March 20, 2019
link : Wednesday, March 20, 2019

Wednesday, March 20, 2019

Busy, busy day, but not shale related:

• Why did the owner of the New England Patriots visit a strip mall spa rather than a high-end, low-risk alternative? Texas talk radio came up with plausible explanation; more later
• NOAA: "last month among the eight warmest Februarys on record." Link here.
• how to solve global warming overnight. Link here.  
• Arctic ice refuses to melt. Link here. 
• NYC restaurant recession? Link here.

Energy:

• weekly EIA petroleum report: pending

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

Back to the Bakken

Only two wells coming off the confidential list today -- Wednesday, March 20, 2019: 90 wells for the month; 310 wells for the quarter
32812, conf, CLR, State Weydahl 8-36H1,
31499, conf, Petro-Hunt, USA 153-95-1B-7-6H, 
Active rigs:

$58.75	3/20/2019	03/20/2018	03/20/2017	03/20/2016	03/20/2015
Active Rigs	66	58	49	32	107

RBN Energy: fractionation constraints limits ethane supply as demand rises.

There’s never a dull moment in the ethane market. Four new steam crackers and an expansion at an existing plant are slated to begin operating along the Gulf Coast in 2019, and a recently restarted Louisiana cracker will continue to ramp up to full capacity — together adding about 250 Mb/d of ethane demand by year’s end. You’d think there would be plenty of ethane out there for them. After all, U.S. NGL production has been on the rise, driven in part by new Permian gas processing plants and new NGL pipeline capacity to the coast. But fractionation constraints at the Mont Belvieu hub are likely to linger through 2019, raising questions about how much ethane will actually be produced and how much will need to be rejected into pipeline gas. Today, we consider the challenges facing the ethane market this year as demand increases and fracs run flat out to keep pace.

The Shale Revolution has had many effects on the U.S. economy, one of the most significant being the revival of the domestic petrochemical industry. When it became clear a few years ago that production of natural gas liquids (NGLs) would be taking off — and high production volumes could be sustained for decades — a number of petchem companies committed to building new ethylene plants (a.k.a. steam crackers), most of them along the Gulf Coast and focused on cracking the lightest and most abundant NGL purity product of them all: ethane. As we’ve noted in almost every blog about ethane, it’s the chameleon of the NGL world — only ethane can either be rejected into natural gas for its Btu value or fractionated into pure ethane for cracking at ethylene plants. As we’ve also said, ethane’s unique versatility contributes to its volatility — both in terms of production volume and pricing — which makes it particularly challenging (and, for us, fun) to track.

https://ift.tt/2dZyQXu

Thus Article Wednesday, March 20, 2019

That's an article Wednesday, March 20, 2019 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Wednesday, March 20, 2019 with the link address https://mylivemyidea.blogspot.com/2019/03/wednesday-march-20-2019.html

Tweet

Subscribe to receive free email updates: