Energy Market Commentary // Blog

Uinta Basin Economics: Horizontal or Bust?

March 26, 2019 |
Last June, BTU Analytics examined the outlook of horizontal drilling in the Uinta Basin. As oil prices recovered, total annual drilling activity increased in the Uinta Basin. As drilling increased, producers shifted towards horizontal activity rather than vertical. Despite...
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ACP on the Trail to the Supreme Court

March 7, 2019 |
Atlantic Coast Pipeline (ACP) and Mountain Valley Pipeline (MVP) both intended to enter service in late 2018.  However, regulatory delays pushed MVP’s scheduled in service date to late 2019. Additionally, ACP projects to enter service in early 2021. ACP’s...
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Gas Pipeline Costs Run Higher, Again

February 1, 2019 |
On Friday Dominion Energy Inc. (NYSE: D) announced that the expected in-service date of its 1.5 Bcf/d Atlantic Coast Pipeline (ACP) has been pushed to early 2021. In addition to this delay, cost estimates for the pipeline have risen...
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PG&E’s Bankruptcy Spelling Trouble for Ruby?

January 29, 2019 |
On January 14, 2019, Pacific Gas & Electric (PG&E) announced it would file for Chapter 11 bankruptcy protection. California’s largest utility faces nearly $30 billion in potential liabilities stemming from wildfires in 2017 and 2018. As the company prepares...
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Producers Oil Hedging for 2019 Lacking?

January 15, 2019 |
Over the last several months, oil price volatility increased, oil prices collapsed, and now prices are back on the rise. One way that E&Ps can combat downside price risk is to enter into hedging contracts on future production to lock...
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