Friday Gets Off To A Very Slow Start

Active rigs:

	5/9/2014	05/09/2013	05/09/2012	05/09/2011	05/09/2010
Active Rigs	191	183	207	178	111

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.