Friday, May 9, 2014

Friday Gets Off To A Very Slow Start

Active rigs:

5/9/201405/09/201305/09/201205/09/201105/09/2010
Active Rigs191183207178111


RBN Energy: Permian pipeline system, part 3.
Permian Basin crude production is expanding rapidly. At over 1.5 MMb/d it already represents nearly 19 percent of total US crude output. Midstream companies are busy developing more than a dozen gathering system extensions and additions to deliver Permian production to about 1 MMBbl of mainline pipeline capacity coming online between the start of 2013 and 2015. In today’s blog “Come Gather ‘Round Pipelines – Part 3: Plains Permian Crude Gathering System Expansions” Sandy Fielden details planned improvements to the Basin and Cactus pipelines.
The Wall Street Journal

Absolutely nothing in The Journal that's worth posting.  

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