Producers, shippers and analysts from Parsley Energy, Elevation Resources, Tailwater Capital and IHS Markit discuss whether there will be a new round of takeaway shortage after the current one is solved and what will be the effect on demand for oilfield services. Also, how may flaring regulations combined with limited natgas takeaway further exacerbate this?
SPEAKERS:
- Carrie Endorf, vice president of reservoir engineering and planning at Parsley Energy;
- Steve Pruett, president and CEO of Elevation Resources LLC;
- Joel Fry, principal at Tailwater Capital; and
- Reed Olmstead, director of North American onshore research and business development for IHS Markit.
Recommended Reading
OPEC+ Working on Complex Oil Cut Extension Deal for 2024-2025, Sources Say
2024-05-30 - The OPEC+ deal might include extending some or all of the current voluntary production cuts of 2.2 MMbbl/d.
BP Starts Oil Production at New Offshore Platform in Azerbaijan
2024-04-16 - Azeri Central East offshore platform is the seventh oil platform installed in the Azeri-Chirag-Gunashli field in the Caspian Sea.
Kissler: Mideast Tension Elevates Crude Prices—But for How Long?
2024-05-09 - Producers should be aggressive in locking in desirable crude oil prices on an abnormal market strength.
AltaGas, Royal Vopak Reach FID on LPG Exporting Facility in Canada
2024-05-30 - The energy exporting facility will be developed on Ridley Island, British Colombia, on a 190-acre site adjacent to AltaGas and Vopak’s existing propane exporting terminal.
ConocoPhillips Looks to Scale Portfolio, But Citgo Auction Not a Factor
2024-05-15 - ConocoPhillips has a long-term ambition to boost its LNG offtake capacity to between 10 mtpa to 15 mtpa as it keeps a short-term eye on the auction of Citgo Petroleum.