Over the past decade, the U.S. has become a leading ethane exporter, fueled by abundant supply, growing global demand for lighter petrochemical feedstocks, competitive pricing, and long-term customer contracts that enabled substantial investments in export infrastructure. As of September 2024, U.S. waterborne exports reached ~0.4 MMBPD, or 15% of domestic… Read more »
Posts Categorized: Articles
ONEOK Closer to Full Vertical Integration
In September 2024, ONEOK announced its strategic acquisition of a controlling interest in EnLink from Global Infrastructure Partners (GIP) along with its plans to acquire all EnLink’s publicly held interest. This acquisition is a significant strategic step for ONEOK, positioning it to not only gain a foothold in the prolific… Read more »
Looming Mont Belvieu NGL Fractionation Capacity Crunch?
Growth in hydrocarbon production continues to impress the markets despite producer capital discipline. While U.S. producers have maintained strict capital control, production is still increasing at an extraordinary pace. For instance, Permian natural gas production has surged by ~3.5 Bcf/d from January 2023 through Q2 2024, with forecasts suggesting an… Read more »
Eagle Ford Revival – Moving out of Permian’s Shadow
It is easy to forget about Eagle Ford shale play when you have Permian hydrocarbon production growing at astounding rate supported by continued capital inflow and robust M&A activity. While U.S. majors are pouring billions of dollars into the Permian Basin, international energy companies are all-in on the Eagle Ford… Read more »
Is Double H conversion to NGLs a game changer for Bakken?
An in-depth analysis of Bakken NGL infrastructure reveals a complex landscape of growth, take-away limitations, and rapidly evolving competitive landscape. While crude oil production currently stands at approximately 1.3 million barrels per day (BPD)—still below pre-COVID peaks—natural gas output with high natural gas liquids NGLs content has surged to nearly… Read more »
Diluent Recovery Units are Enhancing Canadian Crude-by-Rail Economics
As discussed in our previous article, Crude-by-Rail in Western Canada is currently undergoing a significant transition following the completion of the Transmountain Pipeline Expansion (“TMX”), earlier this year, which temporarily eased pipeline constraints for crude producers. However, this relief is projected to be short-lived, as supply is expected to surpass… Read more »