Thursday, January 3, 2019

The Railroad To California -- Making Canada Great -- January 3, 2019

Link here.

Data points:
  • California, first nine months of 2018, CBR exceeded the heyday of 2013 - 2014
  • around 500,000 bopd (about a third of the total Bakken daily production)
  • source: New Mexico, Wyoming, Canada
  • more than doubled from New Mexico and Canada
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Sempra Energy Sells US Natural Gas Storage Facilities

Link here

Data points:
  • $332 million in cash to ArcLight Capital Partners
  • assets sold: the Mississippi Hub storage facility in Simpson County, MS - 22.3 bcf storage
  • Bay Gas storage facility in southwest Alabama - 20.4 bcf storage

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