Pages

Monday, December 12, 2022

The Road To New England; Price Of Natural Gas Surges Overnight - Up 10% -- December 12, 2022

Link here.

Monday morning; demand at upper end.

***************************
Back to the Bakken

The Far Side: link here.

Active rigs: 43.

WTI: $70.67.

Natural gas: $6.857.

Tuesday, December 13, 2022: 30 or the month, 139 for the quarter,  683 for the year.
38486, conf, Hess, GO-Johnson-156-98-2635H-4,
38216, conf, WPX Energy, Two Shields Butte 13-21 11TFH,
38215, conf, WPX Energy, Two Shields Butte 13-21 9H
36898, conf, Bowline/Nine Point, Shaffer 155-102-27-22-13H,

Monday, December 12, 2022: 26 for the month, 135 for the quarter, 679 for the year.
38898, conf, CLR, Bonney 8-3H,
38411, conf, Whiting, Kannianen 11-5HU,
35528, conf, WPX Energy, Two Shields Butte 13-21-17-1H3U,

Sunday, December 11, 2022: 23 for the month, 132 for the quarter, 676 for the year.
38487, conf, Hess, GO-Johnson-156-98-2635H-5,

Saturday, December 10, 2022: 22 for the month, 131 for the quarter, 675 for the year.
38897, conf, CLR, Bonney 7-3HSL1, 

RBN Energy: are Canadian E&Ps struggling to meet the rising need for oil sands diluent? Archived.

Shipping Alberta’s fast-rising bitumen production to market through pipelines or on insulated rail cars depends on sufficient supplies of diluent, a variety of light hydrocarbons that, when blended with molasses-like bitumen, reduce the viscosity of the resulting mix. The problem is, in-region production of diluent — an economically favorable alternative to pipeline imports from the U.S. — has been growing more slowly than it was a few years ago, and increased demand for imported condensate could result in those pipelines being maxed out. In today’s RBN blog, we delve into what may be behind the slowing pace of Western Canadian diluent production and what the implications might be.

We have blogged many times about Alberta’s fast-rising production of oil sands bitumen, the blending ratios needed for “dilbit” —the diluent-bitumen blend used in pipelines — and for “railbit” — the blend used in insulated rail cars.

Before we go any further, we have to cover a few definitions. First, as alluded to earlier, diluent is any form of light liquid hydrocarbon that can be mixed with bitumen that reduce its viscosity and allow it to be transported by pipeline or in insulated rail cars. Diluent can take a number of forms such as a light crude oil, butane, or condensate. It’s that last word — condensate — that require some exact definitions since the U.S. and Canadian energy industry throw around the word a bit too loosely sometimes.

The Southern Lights [Diluent] Pipeline: link here.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.