Locator: 470623B.
Weekly EIA petroleum report, link here:
- in storage, 3% below the five-year average; after a decrease of 6.4 million bbls;
- refiners operating at 88.5%
- jet fuel supplied up 2.4% compared with same period last year
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Back to the Bakken
WTI: $82.90.
Thursday, April 25, 2024: 54 for the month; 54 for the quarter, 253 for the year
37519, conf, BR, Mazama 2B MBH,
39869, conf, CLR, Micahlucas 4-5HSL1
39868, conf, CLR, Micahlucas 3-5HSL,
RBN Energy: gauging the promise of the newly announced DeLa Express pipeline. Archived. One of the longest RBN Energy blogs I've seen, it seems. Maybe, maybe not, but it seems really, really long.
Moss Lake Partners has announced plans to build a massive 42-inch pipeline known as the DeLa Express to take up to 2 Bcf/d of wet gas 690 miles from the Permian across the Texas state line into Louisiana.
It’s an audacious plan, and there’s little doubt that a new natural gas pipeline from the Permian to the Gulf Coast is needed to facilitate continued production growth but the proposal faces serious challenges. In today’s RBN blog, we discuss how investors, producers and potential shippers might approach this newcomer and gauge whether it’s a project that could go the distance or become just another pipe dream.
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