Wednesday, March 3, 2021

Two Wells Coming Off Confidential LIst; Both DUCs; Update On Gulf Coast Crude Oil Export Terminals -- RBN Energy -- March 3, 2021

Active rigs:

$60.63
3/3/202103/03/202003/03/201903/03/201803/03/2017
Active Rigs1450675945

Two wells coming off confidential list -- Wednesday, March 3, 2021: 6 for the month, 62 for the quarter, 62 for the year.

  • 37704, drl/NC, Petro-Hunt, USA 153-95-11C-2-1HS, Charlson, first production, --; t--; cum --;
  • 37307, drl/NC, WPX, Crosby Chase 2-1HY, Spotted Horn, first production, --; t--; cum --;

RBN Energy: three Gulf Coast crude oil export terminals winning battle for barrels. Archived.

Week by week, more than 20 terminals along the U.S. Gulf Coast export crude oil, but nearly half of the total export volumes are being loaded at just three facilities: the Moda Midstream terminal near Corpus Christi, the Enterprise Hydrocarbon Terminal in Houston, and the Louisiana Offshore Oil Port (LOOP) off the Louisiana coast. What gives these “Big 3” their edge? Location? Pipeline connectivity? Storage capacity? Loading rate? The answer, of course, is “all of the above.” There is more to the story, though, and other terminals are angling to become bigger players, presumably at the expense of the Big 3 themselves. Today, we begin a series on Texas and Louisiana’s largest oil export facilities, what they offer, how they’ve fared, and what they’re planning next.

The terminals:

  • the Moda Midstream terminal near Corpus Christi;
  • the Enterprise Hydrocarbon Terminal in Houston; and,
  •  the Louisiana Offshore Oil Port (LOOP) off the Louisiana coast.

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