Energy Market Commentary // Permian

NGL Uplift Drying Up in 2019?

August 16, 2019 |
Second quarter earnings announcements have shaken up the outlook for gas plays going into the second half of 2019. Diversified operators, such as Chesapeake, intend to pivot to growth in oil production, but not all producers can toggle between...
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Lack of Heavy Crude Weighing on US Refiners

May 28, 2019 |
Ahead of IMO 2020, which requires ships globally to use fuels with a sulfur content below 0.5% from 3.5% currently, many thought an opportunity was emerging for US refiners. Complex US refineries could capitalize on an expectation of widening...
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How Low Can Waha Natural Gas Prices Go?

April 4, 2019 |
Waha natural gas cash prices traded as low as a negative…yes negative…$6.60/MMBtu on April 3 and averaged for the day nearly $3.75/MMBtu below zero. Permian producers are paying for the right to produce oil, avoid flaring, and potentially not...
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