Finding and drilling the best rock is only half the battle in the E&P business. Moving product from wellhead to demand market and the costs associated with that transportation dictate whether your shale play is a market changer or...
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Archive // Crude by rail
WTI/Brent Spread has Crude by Rail on the Ropes
September 29, 2015 |
Rail has been integral to moving Bakken crude out of the basin since 2012 when production very quickly outstripped pipeline takeaway capacity, causing differentials to blowout as wide as $49/Bbl between Bakken field prices and Brent. As designated by...
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Trapped Oil – The Canadian Infrastructure Dilemma
June 9, 2015 |
As BTU Analytics readies our new Canadian section for the Upstream Outlook, we thought it would be timely to share some recent analysis. Canada has been using new horizontal drilling technology to exploit shale resources in the Montney and...
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What If Permian Rigs Went to Zero?
October 21, 2014 |
With all the focus on the recent drop in oil prices and valid concerns that lower oil prices could be on the way without sharp corrections in drilling activity around the globe, we decided to ask the question: What if...
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Who Needs Keystone, We’ve Got Venezuela… Right?
August 21, 2014 |
US imports of crude oil continue to set new record lows as producers across the US and Canada set new oil production highs. According to the latest EIA weekly statistics, crude oil imports averaged just 7.6 MMb/d over the...
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N. American Crude By Rail – Another Wave of Buildouts Ahead?
July 21, 2014 |
It is no secret that as North American oil production has surged from 5.5 MMb/d in early 2011 to over 8.6 MMb/d today, certain unconventional oil plays have outgrown pipe capacity, and looked to crude by rail (CBR) to...
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