Industry: Midstream & NGLs

Henry Hub gas prices averaged $6.45 per MMBtu in 2022 rising from $3.89 in 2021, driven by increased demand from Europe and the gradual re-opening of China. Prices have since fallen 62% to average $2.46 in 2023. The global LNG sugar rush resulted in LNG prices to rise to over $32 per MMBtu in 2022 […]

Compressors are used in a wide range of applications in the oil and gas, energy, and petrochemical industries. The growing hydrogen, carbon capture, biofuels, and other energy transition markets present new opportunities for compressor companies. Many of these industries are being built from the ground up, offering years of growth for compressors and related equipment […]

U.S. crude oil imports landscape is about to undergo a significant shift with the upcoming completion of the Trans Mountain Expansion Project (TMX) in early 2024. The expansion aims to facilitate the transportation of heavier varieties of crude from Alberta’s oil sands to British Columbia (BC). As we move closer to the project’s operational date, […]

The Uinta basin, located in northeast Utah, is starting to gain some attention from oil and gas players. The basin’s ~120 thousand bpd of production pales in comparison to the Permian’s ~5.6 million bpd produced today. However, production of the basin’s waxy crude has rapidly been increasing (Exhibit 1), and refiners continue to desire this […]

Over the last several years, earthquakes in the Permian basin have increased in both number and intensity. In 2022 there were more than 8x the number of magnitude 3 earthquakes or greater than those that occurred annually in in the years from 2015 to 2019.  (Exhibit 1). In fact, two of the five largest tremors […]

For roughly two years, NGL fractionation capacity utilization rates have been over 90%. Roughly 820,000 barrels per day (bpd) of new fractionation capacity is coming online in the next two years. Will this amount be enough to relieve the constraints in the Mont Belvieu-Texas Gulf Coast? What other options are available? This blog will cover […]

The Haynesville Basin is set to see three new pipeline projects in 2023. Two of them will be to enhance the capacity of preexisting pipelines, while the other one will be an entirely new pipeline. If everything goes as anticipated, these three projects will cumulatively increase the play’s gas takeaway capacity by 2.35 billion cubic […]

The transportation sector has the highest reliance on fossil fuels and accounted for 37% of CO2 emissions from end-use sectors in 2021. Various industries of the transportation sector have started researching hydrogen as an alternative fuel source, and in this blog, ADI will look at the technological progress that has been made and some of […]

At the 2023 ADI Forum, Diaco Aviki, EVP & COO, Crestwood Midstream Partners, shared his perspective on the evolving midstream landscape. He discussed Crestwood’s strategy for staying ahead. The company viewed the midstream sector as crucial for both domestic and global energy needs. Crestwood anticipated that the U.S. will need to increase its energy supply. […]

At the 2023 ADI Forum, Joseph Gentry, VP, Licensing, GTC Vorro, joined moderator Uday Turaga, CEO, ADI Analytics, on the midstream panel. He shared two main facets of the company’s operations: their sulfur service and technology licensing. In their sulfur service, they prioritized cost-effective service delivery by leasing equipment, supplying necessary chemicals and catalysts. They […]

At the 2023 ADI Forum, Uday Turaga, CEO, ADI Analytics, provided an outlook on the state of oil markets. He detailed U.S. production growth in 2022, which had not yet reached pre-COVID levels. However, he expressed optimism, as U.S. oil production was growing, driven by the Permian Basin and other shale plays. It was expected […]

At the 2023 ADI Forum, Amy C. Davis, VP, Energy Transfer, Lake Charles LNG, explored the evolving landscape of midstream infrastructure. A few years ago, there was a sense of market sufficiency in natural gas and limited support for new LNG export projects reaching the Final Investment Decision (FID). Now, there was strong interest in […]