Midstream Business Magazine - January 2016
Production out of the Marcellus-Utica is among the greatest in the world, but until now it was limited to where it could go.
Times were tough. America’s founders had just signed the Declaration of Independence and that assured each of them now had a mortal enemy committed to his destruction. Benjamin Franklin, never at a loss for words, summed up what the group must do in its precarious situation: “We must hang together, gentlemen, else, we shall most assuredly hang separately.”
Multinational teamwork and innovation created a new market for the Marcellus play’s “ethane problem.”
Understanding antitrust regulations can be critical in executing midstream M&A deals.
The new year will see continued industry efforts to gain a more favorable tax and policy situation.
The Burket, a supergiant gas ﬁeld, lies just above the Marcellus, just next to the Utica and just shy of the threshold necessary to attract investment.
Gas-to-liquids technology offers one answer to the ethane problem—in the ﬁeld
The Interview: Gary Conway is principal, president and CEO of Vaquero Midstream LLC.
While this column went to print before the ﬁrst of the year, I somehow doubt that MLPs have recovered their 30.2% year-to-date loss, as measured on a total return basis by the Alerian MLP Infrastructure Index (AMZI) as of the end of November. Here are three things that could extend the volatility in 2016:
Uncertainty surrounding Iran’s re-entry into the oil market as the world remains awash in oil pushed OPEC deeper into a “wait-and-watch” mode, unmoved by tough commodity conditions that have left some of its own members in pain.
NGL Frac Spread
Winter arrived fashionably late with heating demand ﬁnally showing up in late November and early December. But it arrived far too late to save the commodity price market.