East Daley Analytics – Dissecting the Energy Value Chain

Posts about Crude (5)

After Marathon Deal, Conoco has Bakken in Crosshairs

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ConocoPhillips (COP) will acquire Marathon Oil (MRO) for $17.1B, creating a ‘super-independent’ with operations across leading US basins. COP said it ...
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Start of TMX Raises the Ante for a Sour Barrel

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The much-anticipated start of the Trans Mountain expansion (TMX) became a reality on May 1, adding 590 Mb/d of egress capacity from Western Canada. ...
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M&A Exerts a Gravity on Permian Rig Counts

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Like a force of gravity, upstream dealmaking is steadily pulling rig counts lower in the Permian Basin. Drilling activity is well below recent highs ...
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Gas Constraints Could Limit Bakken Oil Growth

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Gas pipelines out of North Dakota's Williston Basin are filling up, to the point where growth in crude oil production could become constrained.
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Pipeline Work Will Disrupt Permian Crude Flows

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Upcoming maintenance work on the Wink-to-Webster and Midland-to-Echo III pipelines in June will disrupt normal operations out of the Permian Basin ...
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A Multi-tool Pipe has Enterprise Ready for the Unexpected

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Enterprise Products (EPD) plans to convert its Seminole Pipeline back to crude oil service next year, the latest flex by EPD for the multi-use ...
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Enterprise Secures SPOT Permit After Court Ruling

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Enterprise Products (EPD) has secured a deepwater port license for its Sea Port Oil Terminal (SPOT) after a favorable appellate court ruling, moving ...
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For Canada, TMX is a License to Fill

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Unshackled at last, producers in Western Canada plan to raise crude oil output in anticipation of the new Trans Mountain Pipeline expansion (TMX). In ...
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Bakken Takeaway is Tighter Than You Think

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Crude oil pipeline takeaway out of the Williston Basin is much tighter than it appears at first glance. As Bakken oil production continues to grow, ...
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2024 is a Mullet Year in the Permian Basin

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Business in the front, party in the back – that’s how East Daley Analytics expects 2024 to unfold in the Permian Basin when new natural gas ...
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