Bakken Investor Conference North Dakota Pipeline Authority Justin J. Kringstad April 25, Minot, ND. March 8,

Size: px
Start display at page:

Download "Bakken Investor Conference North Dakota Pipeline Authority Justin J. Kringstad April 25, Minot, ND. March 8,"

Transcription

1 Bakken Investor Conference North Dakota Pipeline Authority Justin J. Kringstad April 25, Minot, ND March 8,

2 April 22, Drilling Rigs North Dakota Pipeline Authority 2

3 ND Drilling Stats North Dakota Pipeline Authority 3

4 North Dakota Pipeline Miles 2,353 miles of new pipe in 2011 Roughly Distance from Seattle to Washington DC 2012 Data Available Q North Dakota Pipeline Authority 4

5 Crude Oil Understanding production potential Understanding current transportation dynamics and potential transportation constraints Understanding current and future market conditions North Dakota Pipeline Authority 5 5

6 Crude Oil Understanding production potential Understanding current transportation dynamics and potential transportation constraints Understanding current and future market conditions North Dakota Pipeline Authority 6 6

7 Forecasting Williston Basin Oil Production, BOPD Today Production forecast is for visual demonstration purposes only and should not be considered accurate for any near or long term planning. North Dakota Pipeline Authority 7

8 North Dakota Pipeline Authority 8 Crude Oil Understanding production potential Understanding current transportation dynamics and potential transportation constraints Understanding current and future market conditions

9 North Dakota Crude Oil Pipelines 2 1 Challenges* 1) Moving oil out of the Williston Basin 2) Moving oil within the Williston Basin *Modified from Bridger and Belle Fourche Pipelines North Dakota Pipeline Authority 9 9

10 North Dakota Crude Oil Pipelines 145,000 BOPD 210,000 BOPD 68,000 BOPD 160,000 BOPD North Dakota Pipeline Authority 10 10

11 Oil Loading Rail Facilities North Dakota Pipeline Authority 11

12 Estimated ND Rail Export Volumes North Dakota Pipeline Authority 12

13 Estimated Williston Basin Oil Transportation February 2013 North Dakota Pipeline Authority 13 13

14 US Williston Basin Oil Transport* North Dakota Pipeline Authority *Some data based on estimates or assumptions 14 14

15 Williston Basin Oil Production & Export Capacity, BOPD Today Production forecast is for visual demonstration purposes only and should not be considered accurate for any near or long term planning. North Dakota Pipeline Authority 15

16 North Dakota Crude Oil Pipelines 2 1 Challenges* 1) Moving oil out of the Williston Basin 2) Moving oil within the Williston Basin *Modified from Bridger and Belle Fourche Pipelines North Dakota Pipeline Authority 16 16

17 ND Crude Oil Gathering Red Trucked Blue Pipeline All ND Production Sep 2012 Estimates Some data incomplete or unavailable North Dakota Pipeline Authority 17

18 North Dakota Pipeline Authority 18 Crude Oil Understanding production potential Understanding current transportation dynamics and potential transportation constraints Understanding current and future market conditions

19 Crude Oil Prices April 23, 2013 Clearbrook* $85.04 WTI - $3.50 *Bloomberg Brent $99.51 WTI + $10.97 Cushing $88.54 Brent $99.51 WTI + $10.97 Brent $99.51 WTI + $10.97 North Dakota Pipeline Authority 19

20 North Dakota Pipeline Authority 20

21 Major Pipelines and Refining Centers $ $95.52 $87.15 $ EIA Jan 2013 Refiner Acquisition Cost $ North Dakota Pipeline Authority 21

22 Major Rail Lines and Refineries $ $87.15 $95.52 $ EIA Jan 2013 Refiner Acquisition Cost $ North Dakota Pipeline Authority 22

23 US Shale Plays and Refineries Source: EIA Data North Dakota Pipeline Authority 23

24 Natural Gas 24

25 Keys to Reducing Flaring 1. Economics Must Work 2. Understanding Production Potential 3. New Gas Gathering Pipelines 4. Enhancing Existing Gathering Pipelines 5. Adequate Gas Processing Capacity 6. Adequate Interstate Pipeline Capacity 7. Flaring Alternatives (Short & Long Term) North Dakota Pipeline Authority 25 25

26 Solving the Flaring Challenge GREEN % of gas captured and sold Red % flared from wells with at least 1 mcf sold. Blue % flared from 0 sales wells Simple Terms Red Challenges on existing infrastructure Blue Lack of pipelines Statewide Feb 2013 Data Non-Confidential Wells North Dakota Pipeline Authority 26

27 Capturing the 18% Faster Well Connections First Time Gas Sales Per Month North Dakota Pipeline Authority 27

28 ND Gas Gathering Statistics North Dakota Pipeline Authority 28

29 Capturing the 11% Additional Compression Older, lower pressure wells connected to plant New, high pressure well causes older wells to flare North Dakota Pipeline Authority 29

30 Capturing the 11% Looping Existing Pipelines North Dakota Pipeline Authority 30

31 Capturing the 11% Frequent Pigging NGL buildup in gathering pipelines reduces area for gas to flow More of an issue in winter months due to lower ground temperature causing more liquids to drop out North Dakota Pipeline Authority 31

32 Natural Gas Processing & Transmission 5 New or Expanding Gas Plants (See Website for Details) North Dakota Pipeline Authority 32

33 ND Gas Plant Capacity North Dakota Pipeline Authority 33

34 Rich Natural Gas Consumer Quality Dry Natural Gas Methane ($3.49 MMBTU) Raw Natural Gas (1500+ BTU) Processing Plant Ethane 41.64% NGL S (8-12 gpm) Y-Grade or Fractionated Propane 28.33% Butane 16.53% Natural Gasoline 13.51% North Dakota Pipeline Authority *Using NGL breakdown from the July 2012 BENTEK Natural Gas Study 34 34

35 ND Gas Plant NGL Production North Dakota Pipeline Authority 35

36 ND NGL Production Potential Assumptions No Flaring 8 Gal/MCF All liquids extracted North Dakota Pipeline Authority 36 36

37 NGL Pipeline Transportation North Dakota Pipeline Authority 37

38 Contact Information Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND Phone: (701) Fax: (701) Websites: North Dakota Pipeline Authority 38 38

UTC Region 5 Meeting. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority

UTC Region 5 Meeting. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority UTC Region 5 Meeting Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority April 20, 2017 JJ Kringstad - North Dakota Pipeline Authority 2 Bakken-Three Forks Formations Mature

More information

January 2018 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 16, 2018

January 2018 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 16, 2018 January 2018 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 16, 2018 US Williston Basin Oil Production - 2017 JJ Kringstad - North Dakota Pipeline Authority 2 Monthly Production

More information

Industrial Commission Update. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority

Industrial Commission Update. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority Industrial Commission Update Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority January 24, 2018 US Williston Basin Oil Production - 2017 JJ Kringstad - North Dakota Pipeline

More information

North Dakota Industrial Commission. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority

North Dakota Industrial Commission. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority North Dakota Industrial Commission Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority October 24, 2017 Presentation Outline Current oil transportation dynamics Understanding

More information

Williston Basin Petroleum Conference

Williston Basin Petroleum Conference Williston Basin Petroleum Conference Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority May 22, 2018 Natural Gas Capture Production Gathering Processing Transmission Technology

More information

American Petroleum Institute Dickinson Chapter. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority

American Petroleum Institute Dickinson Chapter. Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority American Petroleum Institute Dickinson Chapter Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority February 27, 2018 JJ Kringstad - North Dakota Pipeline Authority 2 Presentation

More information

Bakken Well Economics & Production Forecasting

Bakken Well Economics & Production Forecasting Bakken Well Economics & Production Forecasting House Energy and Natural Resources January 9, 2015 Justin J. Kringstad Geological Engineer Director, North Dakota Pipeline Authority Rebuilding Oil & Gas

More information

Bakken/Three Forks Drilling Economics

Bakken/Three Forks Drilling Economics / Drilling Economics Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority May 22, 2018 Objective Define where the / system may be economic in the current oil price environment.

More information

North Dakota Department of Mineral Resources. 600 East Boulevard Ave. - Dept 405 Bismarck, ND (701) (701)

North Dakota Department of Mineral Resources. 600 East Boulevard Ave. - Dept 405 Bismarck, ND (701) (701) North Dakota Department of Mineral Resources http://www.oilgas.nd.gov http://www.state.nd.us/ndgs 600 East Boulevard Ave. - Dept 405 Bismarck, ND 58505-0840 (701) 328-8020 (701) 328-8000 Wells 14,457 active

More information

ND Pipeline Authority Web Presentation

ND Pipeline Authority Web Presentation ND Pipeline Authority Web Presentation Bakken Well Economics Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority Please view replay video on the Pipeline Authority website for

More information

May 2018 Short-Term Energy Outlook

May 2018 Short-Term Energy Outlook May 2018 for Williston Basin Petroleum Conference Bismarck, N.D. by Dr. Linda Capuano Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov Brent crude oil

More information

Defining the Debate: Crude Oil Exports

Defining the Debate: Crude Oil Exports Defining the Debate: Crude Oil Exports Trisha Curtis, Director of Research Upstream and Midstream Energy Policy Research Foundation, Inc. (EPRINC) Brookings Task Force February 28th, 214 About EPRINC www.eprinc.org

More information

NORTH DAKOTA PETROLEUM COUNCIL NORTH DAKOTA S GAME-CHANGING OIL SHALE RESOURCE

NORTH DAKOTA PETROLEUM COUNCIL NORTH DAKOTA S GAME-CHANGING OIL SHALE RESOURCE THE BAKKEN NORTH DAKOTA S GAME-CHANGING OIL SHALE RESOURCE The Bakken is a Big Area 11,000 Sq Miles Williston Basin NORTH DAKOTA PETROLEUM www.northdakotaoilcan.com COUNCIL www.ndoil.org The Bakken Upper

More information

Welcome to Natural Gas 101 Overview of Oil and Gas Industry by Michael Rozic ECI. Remote Automation Solutions 1

Welcome to Natural Gas 101 Overview of Oil and Gas Industry by Michael Rozic ECI. Remote Automation Solutions 1 Welcome to Natural Gas 101 Overview of Oil and Gas Industry by Michael Rozic ECI Remote Automation Solutions 1 from Well Head to Burner Tip or as they say in the industry Upstream Midstream Downstream

More information

Changes to America s Gasoline Pool. Charles Kemp. May 17, Baker & O Brien, Inc. All rights reserved.

Changes to America s Gasoline Pool. Charles Kemp. May 17, Baker & O Brien, Inc. All rights reserved. Changes to America s Gasoline Pool Charles Kemp May 17, 2016 Baker & O Brien, Inc. All rights reserved. Discussion Points Light Naphtha Definitions Sources and Uses of Light Naphtha Octane Challenges Tier

More information

ENERGY SLIDESHOW. Federal Reserve Bank of Dallas

ENERGY SLIDESHOW. Federal Reserve Bank of Dallas ENERGY SLIDESHOW Updated: January 16, 2019 ENERGY PRICES www.dallasfed.org/research/energy Brent & WTI & Crude Brent Oil Crude Oil Dollars per barrel 140 120 100 Brent (Jan 11 = $58.64) WTI (Jan 11 = $50.78)

More information

ENERGY SLIDESHOW. Federal Reserve Bank of Dallas

ENERGY SLIDESHOW. Federal Reserve Bank of Dallas ENERGY SLIDESHOW Updated: March 13, 2018 ENERGY PRICES www.dallasfed.org/research/energy Brent & WTI & Crude Brent Oil Crude Oil Dollars per barrel 140 Brent (Mar 9 = $65.12) WTI (Mar 9 = $61.65) 120 100

More information

Drilling in North America s Low Oil Price Environment

Drilling in North America s Low Oil Price Environment Drilling in North America s Low Oil Price Environment AMM 8 th Steel Tube & Pipe Conference March 10, 2015 Nicole Leonard, Bentek Energy 2014 Platts, McGraw Hill Financial. All rights reserved. Key Takeaways

More information

Adam Bedard, CEO ARB Midstream, LLC Midstream View on Rail. June 2, 2015

Adam Bedard, CEO ARB Midstream, LLC Midstream View on Rail. June 2, 2015 Adam Bedard, CEO ARB Midstream, LLC Midstream View on Rail June 2, 2015 ARB Midstream Overview Growth oriented, infrastructure development company focused on early stage, organic development projects Provide

More information

Rice Global E&C Forum August 9, 2013

Rice Global E&C Forum August 9, 2013 Rice Global E&C Forum August 9, 2013 Midyear Forecast: July 1, 2013 Conglin Xu, Senior Editor-Economics Laura Bell, Statistics Editor Alan Petzet, Chief Editor-Exploration Forecast & Review: Jan. 7, 2013

More information

North American Storage and Transportation Trends

North American Storage and Transportation Trends North American Storage and Transportation Trends Brian Busch Director, Oil Markets and Business Development www.genscape.com 2016 Genscape Incorporated. All rights reserved. What we do 2 Current State

More information

There is no shortage of attention on the issue of Bakken related natural gas flaring.

There is no shortage of attention on the issue of Bakken related natural gas flaring. There is no shortage of attention on the issue of Bakken related natural gas flaring. North Dakota Flared Off $1 Billion Worth Of Natural Gas Last Year Scientific American, Sept. 2013 Bakken Flaring Burns

More information

Differences in Differentials Evaluating Natural Gas and Crude Oil Prices in Wyoming

Differences in Differentials Evaluating Natural Gas and Crude Oil Prices in Wyoming Differences in Differentials Evaluating Natural Gas and Crude Oil Prices in Wyoming Wyoming Gas Fair September 18, 2014 Jackson, WY Brian Jeffries (307) 237-5009 brian@wyopipeline.com www.wyopipeline.com

More information

U.S. Rail Crude Oil Traffic

U.S. Rail Crude Oil Traffic U.S. Rail Crude Oil Traffic Association of American Railroads November 215 Summary U.S. crude oil production has risen sharply in recent years, with much of the increased output moving by rail. In 28,

More information

2015 Minnesota Power Systems Conference Managing Bakken Oil Field Load Growth From a Transmission Perspective

2015 Minnesota Power Systems Conference Managing Bakken Oil Field Load Growth From a Transmission Perspective 2015 Minnesota Power Systems Conference Managing Bakken Oil Field Load rowth From a Transmission Perspective Matthew Stoltz Basin Electric Manager of Transmission Services November 10 2015 eneration =

More information

Like a Box of Chocolates The Condensate Dilemma. 3rd Annual NGLs Forum

Like a Box of Chocolates The Condensate Dilemma. 3rd Annual NGLs Forum Like a Box of Chocolates The Condensate Dilemma 3rd Annual NGLs Forum E. Russell Braziel RBN Energy, LLC September 23, 2013 Tsunami of Condensates Mb/d 1,600 1,400 1,200 1,000 800 600 400 200 0» Historically

More information

NGLs and Feedstock Market Overview

NGLs and Feedstock Market Overview NGLs and Feedstock Market Overview Platts Inaugural Petrochemical Seminar Kelly Van Hull Manager Energy Analytics Processing & Fractionation Additions 45 129 1778 1845 553 232 6 4 17 695 * Expansions Through

More information

The Shale Boom Heard Around the World

The Shale Boom Heard Around the World The Shale Boom Heard Around the World Ben Montalbano Director of Research and Operations Energy Policy Research Foundation, Inc. (EPRINC) Clingendael Institute November 5, 2013 Is this the wrong question?

More information

Wyoming: At the Crossroads of the Boom

Wyoming: At the Crossroads of the Boom Wyoming: At the Crossroads of the Boom Trisha Curtis Director of Research, Upstream and Midstream Energy Policy Research Foundation, Inc. (EPRINC) Wyoming Pipeline Authority October 15th, 213 Thousand

More information

US Shale Liquids Surge: Implications for the Crude Oil Value Chain

US Shale Liquids Surge: Implications for the Crude Oil Value Chain US Shale Liquids Surge: Implications for the Crude Oil Value Chain Praveen Gunaseelan Vantage Point Advisors Matt Thundyil Transcend Solutions COQA Spring Meeting Houston March 2012 Transcend Solutions

More information

Stronger than the others

Stronger than the others Stronger than the others Natural gasoline demand, markets, and pricing Maria Mejia, NGL Analyst September 29, 2014 2014 Platts, McGraw Hill Financial. All rights reserved. Bentek Energy is a leader in

More information

A summary of national and global energy indicators. FEDERAL RESERVE BANK of KANSAS CITY

A summary of national and global energy indicators. FEDERAL RESERVE BANK of KANSAS CITY THE U.S. Energy DATABOOK A summary of national and global energy indicators JULY 1, 17 FEDERAL RESERVE BANK of KANSAS CITY SUMMARY OF CURRENT ENERGY CONDITIONS The number of total active drilling rigs

More information

Hotel Performance Outlook North Dakota Travel Industry Conference

Hotel Performance Outlook North Dakota Travel Industry Conference Hotel Performance Outlook North Dakota Travel Industry Conference Kelsey Waite Business Development Executive, Destinations kwaite@str.com @Kelsey_STR 2017 STR, Inc. All Rights Reserved. Any reprint, use

More information

Vol. 42 No. 5 Published June 21, 2018 May 2018

Vol. 42 No. 5 Published June 21, 2018 May 2018 Vol. No. 5 Published June 1, 018 May 018 EXECUTIVE SUMMARY Some headlines are timeless: The Washington Capitals, after years of frustration, win the Stanley Cup The Capitals Stanley Cup championship was

More information

The Impact of Shale Oil Production Growth in the US

The Impact of Shale Oil Production Growth in the US The Impact of Shale Oil Production Growth in the US Presentation to IMSF, Copenhagen By Selena Yan, Senior Analyst www.clarksons.com Disclaimer The material and the information (including, without limitation,

More information

U.S. Rail Crude Oil Traffic

U.S. Rail Crude Oil Traffic U.S. Rail Crude Oil Traffic Association of American Railroads May 217 Summary U.S. crude oil production has risen sharply in recent years, with much of the increased output moving by rail. In 28, U.S.

More information

For Region 5 and Region 7 Regional Response Teams Meeting April 22, 2015 St. Charles, Missouri via video/teleconference

For Region 5 and Region 7 Regional Response Teams Meeting April 22, 2015 St. Charles, Missouri via video/teleconference For Region 5 and Region 7 Regional Response Teams Meeting St. Charles, Missouri via video/teleconference By Grant Nülle, Upstream Oil & Gas Economist, Exploration and Production Analysis Team U.S. Energy

More information

U.S. Natural Gas Outlook The 3rd London Gas & LNG Forum September 26 and 27, 2016 The Rag Army & Navy Club London

U.S. Natural Gas Outlook The 3rd London Gas & LNG Forum September 26 and 27, 2016 The Rag Army & Navy Club London U.S. Natural Gas Outlook The 3rd London Gas & LNG Forum September 26 and 27, 216 The Rag Army & Navy Club London Lucian Pugliaresi Energy Policy Research Foundation, Inc. Washington, DC 1 About EPRINC!

More information

Petroleum and Natural Gas Situation

Petroleum and Natural Gas Situation Petroleum and Natural Gas Situation John C. Felmy Chief Economist and Director Statistics Department American Petroleum Institute Felmyj@api.org www.api.org www.gasolineandyou.org www.naturalgasfacts.org

More information

Volume 42 No. 3 March 2018 Published April 19, 2018 EXECUTIVE SUMMARY

Volume 42 No. 3 March 2018 Published April 19, 2018 EXECUTIVE SUMMARY Volume No. 3 March 018 Published April 19, 018 EXECUTIVE SUMMARY The United States leading posi on in oil and natural gas markets advanced in March, as the U.S. produced a record 10. million barrels per

More information

The Shifting Ground in US Crude Markets. Houston, TX April 15, 2013

The Shifting Ground in US Crude Markets. Houston, TX April 15, 2013 The Shifting Ground in US Crude Markets Houston, TX April 15, 2013 Agenda Will production growth in Texas, Bakken, etc. overwhelm domestic demand? New Markets Eagle Ford, Permian to the USGC, Bakken to

More information

Utilization of Associated Gas to Power Drilling Rigs A Demonstration in the Bakken

Utilization of Associated Gas to Power Drilling Rigs A Demonstration in the Bakken Utilization of Associated Gas to Power Drilling Rigs A Demonstration in the Bakken Bakken Artificial Lift and Production Denver, Colorado September 24 25, 2013 Chad Wocken*, John Harju, Grant Dunham, and

More information

CHEMSYSTEMS. Report Abstract. Petrochemical Market Dynamics Feedstocks

CHEMSYSTEMS. Report Abstract. Petrochemical Market Dynamics Feedstocks CHEMSYSTEMS PPE PROGRAM Report Abstract Petrochemical Market Dynamics Feedstocks Petrochemical feedstocks industry overview, crude oil, natural gas, coal, biological hydrocarbons, olefins, aromatics, methane

More information

California s Petroleum Infrastructure Overview and Import Projections

California s Petroleum Infrastructure Overview and Import Projections California s Petroleum Infrastructure Overview and Import Projections Port of Los Angeles Harbor Commission Meeting San Pedro, CA February 1, 2007 Gordon Schremp Fuels and Transportation Division California

More information

Emerging Trends in Petroleum Markets

Emerging Trends in Petroleum Markets Emerging Trends in Petroleum Markets For Defense Logistics Agency, Worldwide Energy Conference Washington, D.C. By T. Mason Hamilton, Petroleum Markets Analyst U.S. Energy Information Administration Independent

More information

U.S. Total Crude Oil Supply and Demand

U.S. Total Crude Oil Supply and Demand MMbbl U.S. Total Crude Oil Supply and Demand Mbbl/d U.S. Total Crude Oil Supply and Demand Table: A Previous Current ly Previous Forecast Change Estimate Estimate 4/13/18 4/20/18 4/20/18 4/20/18 4/27/18

More information

A LOOK AT THE BAKKEN S CONTRIBUTIONS TO AMERICAN ENERGY

A LOOK AT THE BAKKEN S CONTRIBUTIONS TO AMERICAN ENERGY A LOOK AT THE BAKKEN S CONTRIBUTIONS TO AMERICAN ENERGY North Dakota Petroleum Council Annual Meeting September 26, 2017 Charles Gorecki Energy & Environmental Research Center Director of Subsurface R&D

More information

February highlights (click links to advance to any sec on)

February highlights (click links to advance to any sec on) Volume 42 No. 2 February 2018 Published March 15, 2019 EXECUTIVE SUMMARY Led by gasoline and seasonal demand for hea ng fuels, U.S. petroleum demand of 20.3 million barrels per day (MBD) in February was

More information

PREVIEW FundamentalEdge Report October 2018

PREVIEW FundamentalEdge Report October 2018 GLOBAL CRUDE OIL SUPPLY AND DEMAND PREVIEW FundamentalEdge Report October 2018 learn more at drillinginfo.com Key Takeaways This is a PREVIEW of a 20+ Page Report Global Crude Oil Supply and Demand is

More information

Changing Crude Qualities and Their Impacts on U.S. Refinery Operations AM-14-42

Changing Crude Qualities and Their Impacts on U.S. Refinery Operations AM-14-42 Changing Crude Qualities and Their Impacts on U.S. Refinery Operations Presented to: AFPM 2014 Annual Meeting March 25, 2014 by John M. Mayes International consulting practice since 1971 Downstream focus;

More information

TANK BARGE OPPORTUNITIES RELATED TO CRUDE OIL PRODUCTION & MOVEMENT

TANK BARGE OPPORTUNITIES RELATED TO CRUDE OIL PRODUCTION & MOVEMENT TANK BARGE OPPORTUNITIES RELATED TO CRUDE OIL PRODUCTION & MOVEMENT Third Edition A SPECIAL INDUSTRY STUDY Prepared by: November 2014 775 Ridge Lake Boulevard, Suite 400 ~ Memphis, Tennessee 38120-9403

More information

B A K E R & O B R I E N

B A K E R & O B R I E N B A K E R & O B R I E N I N C O R P O R A T E D Q3 : U. S. Refining Margins Remain Robust Special Topic: Domestic Light Oil Processing in the U.S. Gulf Coast Have We Hit the Limit? Houston, October 30,

More information

U.S. Crude Oil: The Upside & The Other Side

U.S. Crude Oil: The Upside & The Other Side U.S. Crude Oil: The Upside & The Other Side Greg Haas ghaas@hartenergy.com Director of Research, Integrated Oil & Gas Houston, Texas March 13, 2014 Disclaimer Reports by Hart Energy Research & Consulting,

More information

ABB MEASUREMENT & ANALYTICS ANALYTICAL MEASUREMENT. PGC1000 Meeting the needs of NGL plants

ABB MEASUREMENT & ANALYTICS ANALYTICAL MEASUREMENT. PGC1000 Meeting the needs of NGL plants ABB MEASUREMENT & ANALYTICS ANALYTICAL MEASUREMENT PGC1000 Meeting the needs of NGL plants P G C 1 0 0 0 N G L P L A N T P R O D U C T I O N P B/ 1 0 74 3 - E N Measurement made easy PGC1000 NGL PLANT

More information

Fuel Focus. National Overview. Recent Developments. In this Issue. Volume 11, Issue 13 June 24, 2016 ISSN

Fuel Focus. National Overview. Recent Developments. In this Issue. Volume 11, Issue 13 June 24, 2016 ISSN National Overview Fuel Focus Canadian Retail Gasoline Prices Remained the Same over the Last Two Weeks For the two-week period ending June 21, 16, the Canadian average retail gasoline price was $1.1 per

More information

The Oil Questionnaire

The Oil Questionnaire The Oil Questionnaire TARES/IEA Energy Statistics Training Cairo, Oct. 20-23, 2014 Pierre Boileau International Energy Agency OECD/IEA 2010 Presentation overview Introduction Collecting data from different

More information

Tight Oil: A Solution to U.S. Import Dependence?

Tight Oil: A Solution to U.S. Import Dependence? Tight Oil: A Solution to U.S. Import Dependence? Geological Society of America Denver, Colorado October 28, 213 J. David Hughes Global Sustainability Research Inc. Post Carbon Institute The Shale Revolution

More information

Jefferies 2012 Global Energy Conference

Jefferies 2012 Global Energy Conference Jefferies 2012 Global Energy Conference November 2012 Exploring, developing and producing oil and natural gas in the U.S. Rocky Mountains. www.kodiakog.com l NYSE: KOG Contact Information Kodiak Oil &

More information

European Energy Union Impact on the Refining & Petrochemical Business. John Cooper, Director General Budapest, 13th October 2015

European Energy Union Impact on the Refining & Petrochemical Business. John Cooper, Director General Budapest, 13th October 2015 European Energy Union Impact on the Refining & Petrochemical Business John Cooper, Director General Budapest, 13th October 2015 FuelsEurope represents 42 Member Companies 100% of EU Refining Page 2 AGENDA

More information

WEEKLY REFINING INDICATORS REPORT WEEK ENDING 06/17/2016

WEEKLY REFINING INDICATORS REPORT WEEK ENDING 06/17/2016 WEEKLY REFINING INDICATORS REPORT WEEK ENDING 06/17/2016 Blake Fernandez, Analyst 713.393.4524 blakef@howardweil.com Quick Take: Somewhat bearish stats on the refining side as we had hoped for some gasoline

More information

Measuring the Quality of the Crude Oil Supply and its Impact on Basis Differentials

Measuring the Quality of the Crude Oil Supply and its Impact on Basis Differentials Measuring the Quality of the Crude Oil Supply and its Impact on Basis Differentials Quality Flexibility Relationship Innovation Information = Advantage Ali AL-SUMAITI PhD Candidate, Colorado School of

More information

SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT

SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT 9 April 2013 SHALE-ADVANTAGED CHEMICAL INDUSTRY INVESTMENT Martha Gilchrist Moore Sr. Director, Policy Analysis and Economics Shale Gas Shale gas is possibly the most important energy development in the

More information

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Volume 7, Issue 14

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Volume 7, Issue 14 Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Volume 7, Issue 14 July 27, 12 Copies of this publication may be obtained free of charge from: Natural Resources

More information

Market Report Series: Oil 2018 Analysis & Forecasts to Energy Community 10 th Oil Forum, Belgrade, 25 September 2018

Market Report Series: Oil 2018 Analysis & Forecasts to Energy Community 10 th Oil Forum, Belgrade, 25 September 2018 Market Report Series: Oil 218 Analysis & Forecasts to 223 Energy Community 1 th Oil Forum, Belgrade, 25 September 218 Short term update: crude prices (excl. WTI) up strongly Aug/Sep $/bbl 8 Benchmark Crude

More information

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 20, Volume 8

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 20, Volume 8 Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 20, Volume 8 October 18, 2013 Copies of this publication may be obtained free of charge from: Natural Resources

More information

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Volume 10, Issue 4

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Volume 10, Issue 4 Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Volume 1, Issue 4 March, Copies of this publication may be obtained free of charge from: Natural Resources Canada

More information

RNG Production for Vehicle Fuel. April 4, 2018

RNG Production for Vehicle Fuel. April 4, 2018 RNG Production for Vehicle Fuel April 4, 2018 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section

More information

Featuring: Tom Kloza, Oil Price Information Service (OPIS) SPONSORED BY.

Featuring: Tom Kloza, Oil Price Information Service (OPIS) SPONSORED BY. THE OUTLOOK OF FUEL Featuring: Tom Kloza, Oil Price Information Service (OPIS) SPONSORED BY TH E NATSO SHOW 2013 FEB 3-7 SAVANNAH, GA. www.opisnet.com tkloza@opisnet.com 1 Presentation By: Tom Kloza OPIS,

More information

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 24, Volume 8

Fuel Focus. Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices. Issue 24, Volume 8 Fuel Focus Understanding Gasoline Markets in Canada and Economic Drivers Influencing Prices Issue 24, Volume 8 December, Copies of this publication may be obtained free of charge from: Natural Resources

More information

Regional Market Trends Forum April 21, 2016 Hartford, CT. Mike Dirrane Director, Northeast Marketing

Regional Market Trends Forum April 21, 2016 Hartford, CT. Mike Dirrane Director, Northeast Marketing Regional Market Trends Forum April 21, 2016 Hartford, CT Mike Dirrane Director, Northeast Marketing Spectra Energy s Portfolio of Assets Based in Houston, TX with operations in 30 states Transports 15%

More information

Oil & natural gas extraction data

Oil & natural gas extraction data 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 19 20 21 22 23 24 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72

More information

The Changing composition of bunker fuels: Implications for refiners, traders, and shipping

The Changing composition of bunker fuels: Implications for refiners, traders, and shipping Platts 4 th European Refining Markets Conference The Changing composition of bunker fuels: Implications for refiners, traders, and shipping Wade DeClaris, EVP Marine World Fuel Services Corp. Agenda: Role

More information

William Piel

William Piel Fuel Options Exist for Expanding Gasoline Supplies without processing additional Crude Oil? E1? E2? E8? ETBE? Which use of in Fuel Provides the Highest Market Value? Which use of results in the Most Non-Petroleum

More information

Midwest Association of Rail Shippers

Midwest Association of Rail Shippers January 13, 2016 Midwest Association of Rail Shippers Lance Fritz Chairman and CEO Union Pacific 1 2015 Economic Results Consumer-driven growth 1 Consumer Spending 2 Light Vehicle Sales 3.6% 3.0% 3.0%

More information

RESEARCH & KNOWLEDGE MANAGEMENT. Oil & Gas Updates: US Shale Industry

RESEARCH & KNOWLEDGE MANAGEMENT. Oil & Gas Updates: US Shale Industry RESEARCH & KNOWLEDGE MANAGEMENT FEBRUARY 218 Key highlights US crude oil and condensate proved reserves amounted to 35.2bln barrels (-12% YoY) in 215, based on the latest available data. The share of tight

More information

Ethanol and the Economics of Octane The Superior Solution

Ethanol and the Economics of Octane The Superior Solution Ethanol and the Economics of Octane The Superior Solution Geoff Cooper Renewable Fuels Association October 20, 2017 Today s Presentation What is octane and why is it important? Options for boosting octane

More information

Westport Innovations Inc.

Westport Innovations Inc. Energy & Environment Perspectives 2008 1 David Demers, CEO, Westport Innovations Inc. 2 Westport Innovations Inc. Recognized as the world leader in gaseous fuels technology (natural gas, hydrogen, LPG,

More information

Wim Van de Velde, Director of Marketing, Plastic Additives business

Wim Van de Velde, Director of Marketing, Plastic Additives business Examining The Competiveness Of North American Polypropylene And The Role Of Increased Propylene Supply To Allow For Improved Economics And Greater Derivative Market Penetration, an additives approach Wim

More information

ALBERTA CARBON LEVY. Impact of Producers, Marketers and Users of Fuel. December 15, 2016 Craig McDougall, QC / Peter Mitchell, CA Felesky Flynn LLP

ALBERTA CARBON LEVY. Impact of Producers, Marketers and Users of Fuel. December 15, 2016 Craig McDougall, QC / Peter Mitchell, CA Felesky Flynn LLP ALBERTA CARBON LEVY Impact of Producers, Marketers and Users of Fuel December 15, 2016 Craig McDougall, QC / Peter Mitchell, CA Felesky Flynn LLP ALBERTA CARBON LEVY Effective January 1, 2017 $20 per tonne

More information

Thursday, March 6, 2014 Houston, TX. 8:30 9:40 a.m. AN ECONOMIST S-EYE VIEW OF THE ENERGY INDUSTRY: HYDROCARBON HAT TRICK

Thursday, March 6, 2014 Houston, TX. 8:30 9:40 a.m. AN ECONOMIST S-EYE VIEW OF THE ENERGY INDUSTRY: HYDROCARBON HAT TRICK Thursday, March 6, 214 Houston, TX 8:3 9:4 a.m. AN ECONOMIST S-EYE VIEW OF THE ENERGY INDUSTRY: HYDROCARBON HAT TRICK Presented by Jesse Thompson Business Economist Federal Reserve Bank of Dallas, Houston

More information

1. Introduction and Summary

1. Introduction and Summary Calculating Gasoline RVP Seasonal Change Giveaway Economics 1. Introduction and Summary A. Barsamian, L.E. Curcio Refinery Automation Institute, LLC Tel: +1-973-644-2270 Email: jabarsa@refautom.com US

More information

The Outlook for Energy:

The Outlook for Energy: The Outlook for Energy: A View to 2040 Paul L. Tanaka November 9, 2015 This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and

More information

U.S. Crude Exports and Impact on Trade

U.S. Crude Exports and Impact on Trade U.S. Crude Exports and Impact on Trade 32 nd Annual Asia Pacific Petroleum Conference Dr. Helen Currie Senior Economist September 7, 2016 Cautionary Statement The following presentation includes forward-looking

More information

Flammability of Bakken Crude Oil: Dangerous. Rail Cargo Even When Empty. (by Dr. Gerard Macri, Expert Witness)

Flammability of Bakken Crude Oil: Dangerous. Rail Cargo Even When Empty. (by Dr. Gerard Macri, Expert Witness) Flammability of Bakken Crude Oil: Dangerous Rail Cargo Even When Empty (by Dr. Gerard Macri, Expert Witness) Suppose for the moment a noteworthy author published a paper dealing with the chemical properties

More information

9M 2003 Financial Results (US GAAP)

9M 2003 Financial Results (US GAAP) 9M Financial Results (US GAAP) January 2004 LUKOIL Group Crude Oil Production* mln tonnes 82 80 78 76 74 72 70 68 66 64 Crude oil production 3.2 5.5 3.9 76.8 70.3 71.3 2001 Production by subsidiaries Share

More information

Regional Refining Outlook

Regional Refining Outlook Regional Refining Outlook Implications for Crude Demand Platts Crude Summit 15 May 213 David Wech JBC Energy GmbH 13 th May 213 Research - Energy Studies - Consulting - Training Disclaimer All statements

More information

Investor Presentation June, 2014

Investor Presentation June, 2014 Investor Presentation June, 2014 Bob Espey (CEO) and Mike Lambert (CFO) Investor Relations tom.mcmillan@parkland.ca 800-662-7177 ext. 2533 Forward Looking Statements Certain information included herein

More information

Oil and gas prices down off 2008 highs

Oil and gas prices down off 2008 highs Oil and gas prices down off 28 highs $ US$ per per barrel barrel US$ $ per thousand cubic feet 16 9 14 8 12 7 Natural gas (wellhead) 6 1 (Right) 5 8 4 6 3 4 2 Crude oil 2 (Left) 1 198 1985 199 1995 2 25

More information

North Dakota Oil and Gas Update. North Dakota Petroleum Council October 2014

North Dakota Oil and Gas Update. North Dakota Petroleum Council October 2014 North Dakota Oil and Gas Update North Dakota Petroleum Council October 2014 ND Crude Transportation March 2014 October 2014 FLARING Gas Flaring situation REGULATORY ACTIVITIES CRUDE BY RAIL Project

More information

Why U.S. Natural Gas Prices Should Double

Why U.S. Natural Gas Prices Should Double http://blogs.forbes.com/arthurberman/?p=243 DOW to Drop 80% in 2016 80% Stock Market Crash to Strike in 2016, Economist Warns. Art Berman Contributor I write about plays and trends in the oil and gas business.

More information

Developing the Iraqi Petrochemical Industry Critical Success Factors Iraq Energy Forum 2017, Baghdad Iraq Energy Institute Research

Developing the Iraqi Petrochemical Industry Critical Success Factors Iraq Energy Forum 2017, Baghdad Iraq Energy Institute Research Developing the Iraqi Petrochemical Industry Critical Success Factors Iraq Energy Forum 2017, Baghdad Iraq Energy Institute Research Strategy without tactics is the slowest route to victory. Tactics without

More information

The Game Has Changed The Influence Of Shale Development On The Global Petrochemical Industry

The Game Has Changed The Influence Of Shale Development On The Global Petrochemical Industry The Game Has Changed The Influence Of Shale Development On The Global Petrochemical Industry Bill Hyde, Senior Director Olefins and Elastomers Foro Pemex Petroquimica June 7, 2012 Presentation Agenda Outlook

More information

OCTANE THE NEW ECONOMICS OF. What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 T. J. HIGGINS. A Report By:

OCTANE THE NEW ECONOMICS OF. What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 T. J. HIGGINS. A Report By: THE NEW ECONOMICS OF OCTANE What Drives the Cost of Octane and Why Octane Costs Have Risen Since 2012 A Report By: T. J. HIGGINS Contents Foreword... 1 1. Executive Summary... 2 2. Tracking the Changing

More information

2016 Annual Statistical Bulletin. For further enquires and comments, please contact us at: Website:

2016 Annual Statistical Bulletin. For further enquires and comments, please contact us at:   Website: 2016 Annual Statistical Bulletin For further enquires and comments, please contact us at: E-mail: gmis.cpdd@nnpcgroup.com Website: www.nnpcgroup.com D I S C L A I M E R i NNPC ASB 2016 1st Edition This

More information

Moving Crude Oil by Rail

Moving Crude Oil by Rail Moving Crude Oil by Rail Association of American Railroads May 2013 Summary Technological advances, along with relatively high crude oil prices, have led to sharply higher U.S. crude oil production. Historically,

More information

The Changing Relationship Between the Price of Crude Oil and the Price At the Pump

The Changing Relationship Between the Price of Crude Oil and the Price At the Pump In 2007, what goes up, does not necessarily come down... May 3, 2007 The Changing Relationship Between the Price of Crude Oil and the Price At the Pump Prepared by: Tim Hamilton Petroleum Industry Consultant

More information

FutureMetrics LLC. 8 Airport Road Bethel, ME 04217, USA. Cheap Natural Gas will be Good for the Wood-to-Energy Sector!

FutureMetrics LLC. 8 Airport Road Bethel, ME 04217, USA. Cheap Natural Gas will be Good for the Wood-to-Energy Sector! FutureMetrics LLC 8 Airport Road Bethel, ME 04217, USA Cheap Natural Gas will be Good for the Wood-to-Energy Sector! January 13, 2013 By Dr. William Strauss, FutureMetrics It is not uncommon to hear that

More information

I.R. IRAN JODI OIL & JODI GAS

I.R. IRAN JODI OIL & JODI GAS I.R. IRAN JODI OIL & JODI GAS Data source for JODI-Oil questionnaire Crude oil NGL Other Total (1)+(2)+(3) (1) (2) (3) (4) + Production (NIOC)-Daily + From other sources Not Available + Imports Not Applicable

More information

Energy Efficiency and Greenhouse Gas Emission Intensity of Petroleum Products at U.S. Refineries

Energy Efficiency and Greenhouse Gas Emission Intensity of Petroleum Products at U.S. Refineries Energy Efficiency and Greenhouse Gas Emission Intensity of Petroleum Products at U.S. Refineries Amgad Elgowainy, a Jeongwoo Han, a Hao Cai, a Michael Wang, a Grant S. Forman, b Vincent B. DiVita c a Systems

More information

Market Report Series Oil 2018

Market Report Series Oil 2018 Market Report Series Oil 218 Norwegian Ministry of Energy, 17 April 218 Neil Atkinson, Head of Oil Industry and Markets Division Toril Bosoni, Senior Oil Market Analyst, Oil Industry and Markets Division

More information