NGL Fractionation & Storage. Phoenix Energy Marketing Consultants Inc.

Size: px
Start display at page:

Download "NGL Fractionation & Storage. Phoenix Energy Marketing Consultants Inc."

Transcription

1 1 NGL Fractionation & Storage Phoenix Energy Marketing Consultants Inc.

2 2 Fractionation & Storage 1. Storage

3 3 Fractionation & Storage Important part of the liquids transportation infrastructure NGLs must be stored under pressure to maintain their liquid state Lighter NGLs require higher pressures, thus more difficult and expensive to store Serves to balance seasonal (short-term) fluctuations between supply and demand as well as to compensate for capacity limitation on pipelines Facilities usually located at the inlet to large NGL delivery systems

4 Fractionation & Storage 4 There are both underground and above ground storage facilities (tanks) Caverns are created by using water to dissolve sections of naturally occurring salt formations Salt formations are usually close to hydrocarbon reservoirs making it convenient for storage facilities Ethane storage primarily in salt caverns, otherwise steel storage is very expensive Source: Oil & Gas Investor

5 5 Fractionation & Storage Propane and butanes are stored in high pressure steel spheres, cylinders, bullets, and other configurations Pentanes plus can be stored at low pressure in tanks similar to those used for gasoline or crude oil Source Oil & Gas Investor

6 6 Fractionation & Storage Major Storage Facilities Conway Adamana Bumstead Alto Belvieu

7 Fractionation & Storage 7 NGL Storage Propane Bullets Butane Sphere Residential Tank Condensate Tank

8 8 Fractionation & Storage Storage Costs ($/M3/Yr) Ft. Saskatchewan : $37-$42 for C3 and C : $42 + for C3 and C : Not available : Not available Market Negotiable for C5+ Regina $30+ C3 and C4 Sarnia N/A Note: Contract U.S. Storage Costs for C3/C4 is 15 cents/u.s. gallon ($6.50 U.S. Funds/bbl)

9 9 Fractionation & Storage 2. Fractionation

10 10 Fractionation & Storage Major Drivers in Building Frac Facilities Location of raw gas production Proximity to storage Local/regional need for one or more spec products: C2 in Alberta (Joffre/FSK) Seasonal Propane markets in populated areas ic4 for Alkylation, nc4 for gasoline blending Aggregate NGL mix via pipelines to obtain scale for fractionation facilities Straddle gas to extract NGLs at high gas volume points (Empress/Cochrane) C2 to Joffre and C3+ mix moved to fractionation locations (FSK or Sarnia) Aux Sable-Alliance rich gas system minimizes field extraction in production region, and centralizes extraction/fractionation in a demand location (Chicago).

11 11 Fractionation & Storage A. North American Fractionation

12 Fractionation & Storage 12 Source: PIRA, IHS, various company websites

13 Fractionation & Storage 13 USGC Fractionation Capacity LOCATION COMPANY NAME CAPACITY (KBD) MBV* ONEOK MBV 1 & 2 Fractionator MBV* Phillips 66 Gulf Coast Fractionators MBV* Energy Transfer Lone Star I & II Fractionators MBV* Enterprise MBV Fractionators IX - X MBV* Targa Cedar Bayou Fractionator *Mont Belvieu (Texas) Source: Envantage

14 Fractionation & Storage Western Canadian Straddle Plants 14 Company Plant Capacity (MMcfd) Throughput 2013 (MMcfd) NGL Production 2013 (kbpd) Spectra Empress 2,400 1, Plains Empress 6,275 1, Interpipeline Cochrane 2,500 1, Pembina Empress 1,200 1, ATCO Empress 1, AltaGas Edmonton AltaGas Joffre AltaGas Taylor * 23.4* Total 14,865 6, * 2012 Source: Gas Processing Management Inc.

15 Fractionation & Storage Larger Western Canadian Field Plants 15 Company Plant Throughput 2013 (mmcfd) NGL Production 2013 (kbpd) Keyera Rimbey AltaGas Harmattan Devon Wapiti Husky Rainbow Pembina Musreau Shell Caroline Pengrowth Judy Creek SEMCams Kaybob South Shell Waterton ConocoPhillips Elmworth Source: Gas Processing Management Inc.

16 Fractionation & Storage 16 Western Canadian Frac Plants Company Plant Capacity (kbpd) Throughput 2012 (kbpd) Throughput 2013 (kbpd) Plains Buck Creek Keyera Ft. Sask Gibsons Hardisty Plains Ft. Sask 100 * Dow Ft. Sask Pembina Redwater Plains High Prairie Spectra Empress Total * Original Capacity not all available Source: Gas Processing Management Inc.

17 17 Fractionation & Storage B. Alberta Hub Fractionators

18 Fractionation & Storage 18 Source: ERCB, Various company websites

19 Fractionation & Storage Plains Fort Saskatchewan (PFS) Commissioned in 1983 by Amoco Connected to Co-Ed to Ft. Saskatchewan Pipeline (FSPL) C3/C4 mix shipped via Enbridge to Sarnia for additional fractionation 19 Quick Fact: Salt caverns were originally washed in the early 1970 s to gather liquids and ship to Sarnia on the Interprovincial Pipeline for fractionation

20 Fractionation & Storage 20 Plains Fort Saskatchewan Plains is evaluating a ~21,000 bpd expansion of C3+ fractionation Expansion would increase working capacity to around 66,000 bpd

21 Fractionation & Storage 21 Pembina Fort Saskatchewan (Redwater) Initial facility installed in 1998 by TransCanada Midstream Handles both C2+ and C3+ feeds via Peace, Brazeau and Northern NGL Pipelines Recent debottleneck increased capacity to 70 mbbl/d

22 Fractionation & Storage Pembina Fort Saskatchewan (RFS II) 22 Pembina will be doubling the size of Redwater: Cost of $415 MM Incremental 73,000 bpd of C2+ fractionation Committed take or pay revenue streams for an additional 10 year term for 97% of the operating capacity Anticipated on-stream Q Source: Pembina

23 Fractionation & Storage Dow Fort Saskatchewan (DFS) De-ethanization & Fractionation Facility commissioned in May 1993 Facility owners include Shell, Dow and Keyera Receive C2+ feeds from major feeder pipelines Pembina Peace & Brazeau 23

24 Fractionation & Storage Keyera Fort Saskatchewan (KFS) 24 Installed in 1970 as a JV between Chevron, Gulf, Amoco and Esso 30,000 bpd C3+ capacity Feeds from Peace Pipeline, Truck, FSPL, Rimbey Pipeline or Dow Includes 12 storage caverns with 11.3 million barrels total capacity Source: Keyera

25 25 Fractionation & Storage Keyera Fort Saskatchewan (KFS) KFS has added a 30,0000 bpd de-ethanizer Project will enable fractionation of an ethane-rich stream of NGL (C2+ mix) The project will be underpinned by a large deep basin producer Gross costs of ~$110 million, including pipeline connections and conversion of cavern to C2+ raw feed storage Source: Keyera

26 26 Fractionation & Storage C. Fractionators Outside of Alberta

27 Fractionation & Storage 27

28 28 Fractionation & Storage D. Fractionation Costs

29 Fractionation & Storage Fractionation Fees Edmonton Hub Product Return: ( ) is $15 to $20/M3 ( ) is $25 to $30/M3 Generally not available since , but if it was a producer would not want to exercise in today s market Product Purchase: ( ) is $15 to $20/M3 ( ) is $20 to $25/M3 Generally not available in , but anecdotally $28-38/M3 2. Alberta Field Plants : $7 to $12/M : $20 to $25/M : $30+ /M3 Generally not available in , but anecdotally $25-30/M3 3. Sarnia - N/A

30 30 Fractionation & Storage Tank Car/Tank Truck Loading/Unloading Fees: Fort Saskatchewan Hub Alberta Field Hub Sarnia $10-12/M3 $5-8/M3 $N/A

31 31 Fractionation & Storage E. Fractionation Outlook

32 32 Fractionation & Storage Fractionation and Product Egress Incremental liquid production will need to access North American markets C4 and C5 can be consumed in Alberta by oil sands, petrochemicals and refineries Cochin Pipeline Reversal has stranded propane without additional egress or market Incremental propane will need to access West Coast waterborne export markets

33 33 Fractionation & Storage Fractionation Outlook in U.S. Midwest Fractionation facilities have been expanded by about 500 kbd, driven by completion of pipelines to the U.S. Gulf Coast Ethane demand to support petchem growth at existing or new sites Overall propane demand projected to be flat/declining in Midwest. Backing out supply delivered into PADD 1 will continue Refinery demands for ic4/nc4 projected to be flat or perhaps decline with lower overall demand and requirement to blend ethanol C5+ demand for diluent in Alberta is growing Midwest demand for spec NGLs is becoming saturated Focus is now turning on delivering y-grade to USGC facilities versus further expanding facilities currently under construction Industry is accessing international markets for C3/C4s Expansion of ethane petchem industry will grow modestly in the Midwest with most growth concentration in the USGC

34 34 Fractionation & Storage Fractionation Final Thoughts Liquids rich drilling is straining existing fractionation capacity Multiple companies are looking at expansions to handle incremental volumes Expansion must be integrated with feeder pipelines and efficient access to markets

Gas/NGL Developments from Western Canada to the US Midwest

Gas/NGL Developments from Western Canada to the US Midwest Gas/NGL Developments from Western Canada to the US Midwest Purvin & Gertz International LPG Seminar March 7, 2012 Tim Stauft, President Aux Sable Canada About Alliance/Aux Sable Alliance is a 1.6 bcf/d

More information

Natural Gas. Shale Gas Impacts. Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension

Natural Gas. Shale Gas Impacts. Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension Natural Gas Shale Gas Impacts Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension Natural Gas Liquids Natural Gas Liquids (NGLs) are found in wet gas or rich gas areas of shale gas producing regions.

More information

PART II MIDSTREAM AND DOWNSTREAM INFRASTRUCTURE

PART II MIDSTREAM AND DOWNSTREAM INFRASTRUCTURE Study No. 139 CANADIAN ENERGY RESEARCH INSTITUTE NATURAL GAS LIQUIDS (NGLS) IN NORTH AMERICA: AN UPDATE PART II MIDSTREAM AND DOWNSTREAM INFRASTRUCTURE Canadian Energy Research Institute Relevant Independent

More information

Join Together With Demand:

Join Together With Demand: A RBN Energy Drill Down Report Copyright 2015 RBN Energy Join Together With Demand: The Who and How of Marcellus/Utica Midstream MarkWest Processing and Fractionation Plants 1. Introduction RBN Pipeline

More information

PEMBINA PIPELINE INCOME FUND

PEMBINA PIPELINE INCOME FUND PEMBINA PIPELINE INCOME FUND 2700, 707-8th Avenue S.W. Calgary, Alberta T2P 2M7 Telephone: (403) 231-7500 Facsimile: (403) 231-7507 RENEWAL ANNUAL INFORMATION FORM For the Year Ended December 31, 2002

More information

MIDSTREAM GROWTH PROGRAM

MIDSTREAM GROWTH PROGRAM MIDSTREAM GROWTH PROGRAM PROPERTY TAX VALUE LIMITATION (CHAPTER 313) MAPS January, 015 PROJECT OVERVIEW 1 Sweeny Refinery Columbia-Brazoria Independent School District Stratton Ridge Clemens Terminal 3

More information

Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers

Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Crestwood s Finger Lakes NGL Storage Facility "The Solution" Crestwood Midstream Facilities Overview Gathering & Processing Gas

More information

Marcellus/Utica Shale Strategy. January 27, 2016

Marcellus/Utica Shale Strategy. January 27, 2016 Marcellus/Utica Shale Strategy January 27, 2016 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ("MPLX"),

More information

Inter Pipeline Fund Announces Strong Third Quarter 2009 Results

Inter Pipeline Fund Announces Strong Third Quarter 2009 Results News Release Inter Pipeline Fund Announces Strong Third Quarter 2009 Results CALGARY, ALBERTA, NOVEMBER 5, 2009: Inter Pipeline Fund ( Inter Pipeline ) (TSX: IPL.UN) announced today its financial and operating

More information

Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015

Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Forward-Looking Statements You should review this slide presentation in conjunction with the second quarter 2015

More information

Pembina Pipeline Corporation Reports Strong Third Quarter 2015 Results

Pembina Pipeline Corporation Reports Strong Third Quarter 2015 Results Reports Strong Third Quarter 2015 Results Key financial metrics increased quarter over quarter All financial figures are in Canadian dollars unless noted otherwise. This news release contains forward-looking

More information

A Case for Midstream Energy

A Case for Midstream Energy Case Studies March 2014 Listed Infrastructure: A Case for Midstream Energy Case Studies is a Cohen & Steers series that evaluates compelling investment themes in our various sectors of expertise. This

More information

Investment Community Presentation. May 2016

Investment Community Presentation. May 2016 Investment Community Presentation May 2016 Forward Looking Statements This presentation includes forward-looking statements, which are statements that frequently use words such as "anticipate," "believe,

More information

An Investor s Guide to Plains All American Pipeline

An Investor s Guide to Plains All American Pipeline An Investor s Guide to Plains All American Pipeline Plains All American Pipeline: A Midstream Energy MLP Plains All American Pipeline, L.P. (PAA) is a midstream energy MLP headquartered in Houston. The

More information

OUR CONVERSATION TODAY

OUR CONVERSATION TODAY OUR CONVERSATION TODAY Our goal is to raise the level of awareness around the natural gas supply chain among key stakeholders in order to facilitate positive working relationships and more informed decision

More information

Platts Pipeline Development and Expansion NuStar Energy s Eagle Ford Program Presented by Mike Crossey September 17, 2013

Platts Pipeline Development and Expansion NuStar Energy s Eagle Ford Program Presented by Mike Crossey September 17, 2013 Platts Pipeline Development and Expansion NuStar Energy s Eagle Ford Program Presented by Mike Crossey September 17, 2013 4 NuStar Overview Asset Stats: Operations in the U.S., Canada, Mexico, the Netherlands,

More information

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future

North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,

More information

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013

(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013 Media: Analysts: Caitlin Currie (713) 627-5353 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 3, 2013 Spectra Energy Reports First Quarter 2013 Results Reported net income

More information

A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE

A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE SemGroup Corporation is a publicly held company that moves energy through a network of pipelines, terminals and storage tanks. Each step we

More information

Alliance Pipeline B.C. Natural Gas Symposium

Alliance Pipeline B.C. Natural Gas Symposium Alliance Pipeline B.C. Natural Gas Symposium Daniel Sutherland Vice President, Business Development June 4, 2014 Forward-Looking Information Certain information contained in this presentation constitutes

More information

North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International

North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance An INGAA Foundation Report, Prepared by ICF International Executive Summary March 18, 2014 Background Since the

More information

Alaska Natural Gas Needs and Market Assessment: 2008 Update of the Industrial Sector

Alaska Natural Gas Needs and Market Assessment: 2008 Update of the Industrial Sector Alaska Natural Gas Needs and Market Assessment: 2008 Update of the Industrial Sector Prepared by Science Applications International Corporation For Alaska Natural Gas Development Authority (ANGDA) June

More information

The Economic Impacts from Operation of Canada s Energy Pipelines

The Economic Impacts from Operation of Canada s Energy Pipelines The Economic Impacts from Operation of Canada s Energy Pipelines A SPECIAL REPORT PREPARED FOR THE CANADIAN ENERGY PIPELINE ASSOCIATION by Angevine Economic Consulting Ltd. October 2013 TABLE OF CONTENTS

More information

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results

Spectra Energy Reports Fourth Quarter and Year-End 2011 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: February 2, 2012 Spectra Energy Reports Fourth Quarter and Year-End 2011 Results Company

More information

Enbridge Income Fund Holdings Inc.

Enbridge Income Fund Holdings Inc. Enbridge Income Fund Holdings Inc. Annual General Meeting of Shareholders May 12, 2016 Perry Schuldhaus, President Forward Looking Statements This presentation includes certain forward looking statements

More information

Green Energy. Jim A. Schultz Senior Vice President, New Ventures. Green Strategy Business Rationale Business Model

Green Energy. Jim A. Schultz Senior Vice President, New Ventures. Green Strategy Business Rationale Business Model Jim A. Schultz Senior Vice President, New Ventures Green Energy ENBRIDGE DAY INVESTMENT COMMUNITY CONFERENCE 2009 1 Green Energy Agenda Green Strategy Business Rationale Business Model Wind & Solar Opportunities

More information

Spectra Energy Reports First Quarter 2009 Results

Spectra Energy Reports First Quarter 2009 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 5, 2009 Spectra Energy Reports First Quarter 2009 Results Reported net income (controlling

More information

Investment Options for Crude & Condensate Stabilization and Splitting

Investment Options for Crude & Condensate Stabilization and Splitting Investment Options for Crude & Condensate Stabilization and Splitting Ryan M. Couture Senior Consultant 2015 AFPM Annual Meeting March 23, 2015 San Antonio, TX Presentation Outline U.S. Production and

More information

UBS Grass Roots Conference

UBS Grass Roots Conference UBS Grass Roots Conference Oil and Gas Opportunities in Canada Rob Hossack Managing Director Praxair Canada, Inc. February 9, 2006 Page 1 Forward Looking Statements This document contains forward-looking

More information

CEE Midstream/Downstream Review Do we WANT it?

CEE Midstream/Downstream Review Do we WANT it? CEE Midstream/Downstream Review Do we WANT it? CEE-BEG-UT, 1 Industrial Demand Inventory 107 projects, $75 billion, mainly in the Gulf Coast region Segment $ million Fractionation (28) 6,208 Ethylene (15;

More information

INNOVATIVE SOLUTIONS FOR THE ENERGY INDUSTRY

INNOVATIVE SOLUTIONS FOR THE ENERGY INDUSTRY INNOVATIVE SOLUTIONS FOR THE ENERGY INDUSTRY WWW.GIBSONS.COM Gibson Energy Gibson Energy Inc. is a large midstream energy company in North America, with operations in some of the most hydrocarbon-rich

More information

Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets

Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets Date: August 6, 2014 Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets 12 percent increase in distributable cash flow quarter-over-quarter

More information

PEMBINA PIPELINE CORPORATION

PEMBINA PIPELINE CORPORATION PEMBINA PIPELINE CORPORATION PETROLEUM TOLL SCHEDULE TOLLS APPLYING TO THE TRANSPORTATION OF PETROLEUM ON THE PEACE LVP PIPELINE SYSTEM Effective: January 1, 2016 ISSUED BY: Pembina Pipeline Corporation

More information

Spectra Energy Reports Second Quarter 2007 Results

Spectra Energy Reports Second Quarter 2007 Results Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: August 6, 2007 Spectra Energy Reports Second Quarter 2007 Results Second quarter reported

More information

North America Midstream Infrastructure through 2035: Leaning Into the Headwinds

North America Midstream Infrastructure through 2035: Leaning Into the Headwinds North America Midstream Infrastructure through 2035: Leaning Into the Headwinds Prepared by ICF International for The INGAA Foundation, Inc. Detailed Study Methodology and Results INGAA Foundation Final

More information

This section provides oil supply and market information, including:

This section provides oil supply and market information, including: TransCanada Keystone Pipeline GP Ltd Keystone XL Pipeline Section Application Section : Supply and Markets Page of 0 SUPPLY AND MARKETS This section provides oil supply and market information, including:

More information

PLAINS ALL AMERICAN PIPELINE LP

PLAINS ALL AMERICAN PIPELINE LP PLAINS ALL AMERICAN PIPELINE LP FORM 10-K (Annual Report) Filed 02/27/13 for the Period Ending 12/31/12 Address 333 CLAY STREET SUITE 1600 HOUSTON, TX 77002 Telephone 7136544100 CIK 0001070423 Symbol PAA

More information

Spectra Energy Reports First Quarter 2012 Results

Spectra Energy Reports First Quarter 2012 Results Media: Analysts: Wendy Olson (713) 627-4072 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 4, 2012 Spectra Energy Reports First Quarter 2012 Results Reported net income from

More information

Reshaping Natural Gas Infrastructure:

Reshaping Natural Gas Infrastructure: Reshaping Natural Gas Infrastructure: Connecting New Supply to Liquid & Growing Markets Steve Pardy Manager, Business Development Oct. 24, 2012 Agenda Union Gas and Dawn Growing Ontario Demand Changing

More information

February 29, 2016 Price Forecast Commentary

February 29, 2016 Price Forecast Commentary February 29, 2016 Price Forecast Commentary Sproule s short-term outlook for oil and gas prices is based on information obtained from various sources, including government agencies, industry publications,

More information

Natural Gas, Natural Gas Liquids, and Crude Trends Primer

Natural Gas, Natural Gas Liquids, and Crude Trends Primer Natural Gas, Natural Gas Liquids, and Crude Trends Primer 31 October 2013 Alerian 1717 McKinney Avenue Suite 1450 Dallas, TX 75202 www.alerian.com PRODUCTION NATURAL GAS PRIMER TRANSPORTATION LNG EXPORT

More information

Supply Options for the U.S. Northeast

Supply Options for the U.S. Northeast Supply Options for the U.S. Northeast NECA Annual Conference on Fuels Tim Stringer Manager, Commercial East Agenda 2009 Supply/Demand Outlook TransCanada Key Initiatives Connecting new supply Northern

More information

Spectra Energy Reports Fourth Quarter and Year-End 2007 Results

Spectra Energy Reports Fourth Quarter and Year-End 2007 Results Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: February 6, 2008 Spectra Energy Reports Fourth Quarter and Year-End 2007 Results Fourth

More information

Executive summary. Introduction

Executive summary. Introduction Executive summary Genoil Inc. has designed, built and operated a 10 bbl/d Upgrader Pilot Demonstration Unit (PDU), used to convert heavy oil into a full body crude. The Upgrader was commissioned in June

More information

ST98-2013. Alberta s Energy Reserves 2012 and Supply/Demand Outlook 2013 2022

ST98-2013. Alberta s Energy Reserves 2012 and Supply/Demand Outlook 2013 2022 ST98-213 Alberta s Energy Reserves 212 and Supply/Demand Outlook 213 222 ACKNOWLEDGEMENTS The following ERCB staff contributed to this report: Principal Authors: Reserves: Michael Teare, Andy Burrowes,

More information

Optimization of Natural Gas Processing Plants Including Business Aspects

Optimization of Natural Gas Processing Plants Including Business Aspects Page 1 of 12 Optimization of Natural Gas Processing Plants Including Business Aspects KEITH A. BULLIN, Bryan Research & Engineering, Inc., Bryan, Texas KENNETH R. HALL, Texas A&M University, College Station,

More information

Processing Rich Gas for NGL Recovery

Processing Rich Gas for NGL Recovery Processing Rich Gas for NGL Recovery 1 Schematic Overview of Total Production- Processing System Nitrogen Vent Nitrogen Rejection Crude Helium Recovery Helium Additional Pre-packaged Equipment Products

More information

Propane: A Green Energy Solution. Presented to: Premier Darrell Dexter

Propane: A Green Energy Solution. Presented to: Premier Darrell Dexter Propane: A Green Energy Solution Presented to: Premier Darrell Dexter November 13, 2012 Propane: A Green Energy Solution Page 1 of 5 Contents Introduction... 2 Supply and Infrastructure... 2 Benefits of

More information

Spectra Energy Reports Second Quarter 2008 Results, Net Income Up 51 Percent from Prior Year

Spectra Energy Reports Second Quarter 2008 Results, Net Income Up 51 Percent from Prior Year Media: Analysts: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: August 6, 2008 Spectra Energy Reports Second Quarter 2008 Results, Net Income Up 51 Percent

More information

The Value of the Canadian Oil Sands (.to the United States)

The Value of the Canadian Oil Sands (.to the United States) The Value of the Canadian Oil Sands (.to the United States) An Assessment of the Keystone Proposal to Expand Oil Sands Shipments to Gulf Coast Refiners November 29, 2010 Energy Policy Research Foundation,

More information

STRATEGIC CONSULTING AND INDUSTRY ADVISORY SERVICES Merger and Acquisition Support

STRATEGIC CONSULTING AND INDUSTRY ADVISORY SERVICES Merger and Acquisition Support Baker & O Brien s due diligence experts often work closely with and advise financial teams on a wide range of technical and economic issues that impact the hydrocarbon processing industries. Our consultants

More information

MLP Investing: Source: U.S. Energy Information Administration, Monthly Energy Review, March 2016

MLP Investing: Source: U.S. Energy Information Administration, Monthly Energy Review, March 2016 August 2016 MLP Investing: The Impact of the Natural Gas Megatrend on Energy Infrastructure Curt Pabst, Managing Director, Eagle Global Advisors U.S. Shale Revolution Much has been made of the impact of

More information

KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS

KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS PRESS RELEASE (Stock Symbol KEL TSX) June 15, 2015 Calgary, Alberta KELT INCREASES PLANNED 2015 CAPITAL EXPENDITURES IN BRITISH COLUMBIA, PROVIDES OPERATIONS UPDATE AND ANNOUNCES $78.8 MILLION EQUITY FINANCINGS

More information

Gas. 0 metres. Approximate depth 800 metres. Approximate depth 1100 metres

Gas. 0 metres. Approximate depth 800 metres. Approximate depth 1100 metres Pipeline Project 1 Project overview In 2007, Alton Natural Storage L.P. (Alton) received the necessary environmental approvals to develop an underground natural gas storage facility near Alton, Nova Scotia.

More information

Spectra Energy Reports Third Quarter 2007 Results

Spectra Energy Reports Third Quarter 2007 Results Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: November 6, 2007 Spectra Energy Reports Third Quarter 2007 Results Third quarter ongoing

More information

Weekly Petroleum Status Report

Weekly Petroleum Status Report DOE/EIA-0208(2013-04) Distribution Category UC-98 Data for Week Ended: January 25, 2013 Weekly Petroleum Status Report EIA DATA ARE AVAILABLE IN ELECTRONIC FORM The tables in the Weekly Petroleum Status

More information

KINDER MORGAN IN CANADA

KINDER MORGAN IN CANADA KINDER MORGAN IN CANADA KINDER MORGAN Kinder Morgan, headquartered in Houston, Texas, is the largest midstream and the third largest energy company in North America with more than 128,700 kilometres (80,000

More information

The Canada GTL Project

The Canada GTL Project The Canada GTL Project September 2012 About the Canada GTL Project The Canada GTL (Gas-To-Liquids) Project is led by Sasol Canada Holdings Ltd. ( Sasol Canada ). The Project team is currently reviewing

More information

2016 Propane Market Outlook

2016 Propane Market Outlook 216 Propane Market Outlook Key Market Trends, Opportunities, and Threats Facing the Consumer Propane Industry Through 225 Prepared for the Propane Education & Research Council (PERC) by: ICF International,

More information

PLAINS MIDSTREAM CANADA REPORT TO STAKEHOLDERS AND COMMUNITIES

PLAINS MIDSTREAM CANADA REPORT TO STAKEHOLDERS AND COMMUNITIES PLAINS MIDSTREAM CANADA REPORT TO STAKEHOLDERS AND COMMUNITIES ABOUT PMC Plains Midstream Canada ULC (PMC) specializes in transportation, processing, storage and marketing solutions for crude oil, natural

More information

Natural Gas Liquids (NGLs) and Royalties

Natural Gas Liquids (NGLs) and Royalties Natural Gas Liquids (NGLs) and Royalties Dan Brockett Penn State Extension Photo Courtesy Penn State Marcellus Center What s Occurring Now? Gas Prices are sliding Production outpacing consumption Production

More information

NATURAL GAS INFRASTRUCTURE

NATURAL GAS INFRASTRUCTURE Working Document of the NPC North American Resource Development Study Made Available September 15, 2011 Paper #1-9 NATURAL GAS INFRASTRUCTURE Prepared by the Gas Infrastructure Subgroup of the Resource

More information

FORM 10-K. ENTERPRISE PRODUCTS PARTNERS L.P. (Exact name of Registrant as Specified in Its Charter)

FORM 10-K. ENTERPRISE PRODUCTS PARTNERS L.P. (Exact name of Registrant as Specified in Its Charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December

More information

THIRD QUARTER 2015 RESULTS Earnings Conference Call - November 6, 2015

THIRD QUARTER 2015 RESULTS Earnings Conference Call - November 6, 2015 THIRD QUARTER 2015 RESULTS Earnings Conference Call - November 6, 2015 Forward-looking Information Certain matters contained in this presentation include "forward-looking statements" within the meaning

More information

Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska. Remarks by Marianne Kah Chief Economist

Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska. Remarks by Marianne Kah Chief Economist Oil and Natural Gas Outlook: Implications for Alaska The Alliance Meet Alaska Remarks by Marianne Kah Chief Economist Cautionary Statement The following presentation includes forward-looking statements.

More information

Smarter energy development flows from great ideas. Oil & Gas

Smarter energy development flows from great ideas. Oil & Gas Smarter energy development flows from great ideas Oil & Gas 20 For more than 20 years, we ve worked with clients like Enbridge designing the critical infrastructure needed to provide safe, reliable energy

More information

LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39

LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 For the past few years LNG has experienced high levels of activity and investment in

More information

Energy Infrastructure Development

Energy Infrastructure Development Energy Infrastructure Development Kinder Morgan s fee-based business model applied to Mexico 1st International Congress & Exhibition on Logistics of Hydrocarbons', Petroliferous and Petrochemicals 2015

More information

Trilogy completed the sale of its Dunvegan oil assets in the Kaybob area for net proceeds of $45 million.

Trilogy completed the sale of its Dunvegan oil assets in the Kaybob area for net proceeds of $45 million. Calgary, Alberta November 5, 2015 News Release: Trilogy Energy Corp. Announces Financial and Operating Results for the Three and Nine Months-Ended September 30, 2015 and Provides Revised Guidance Trilogy

More information

CRUDE OIL BY RAIL: PART I POTENTIAL FOR THE MOVEMENT OF ALBERTA OIL SANDS CRUDE OIL AND RELATED PRODUCTS BY CANADIAN RAILWAYS

CRUDE OIL BY RAIL: PART I POTENTIAL FOR THE MOVEMENT OF ALBERTA OIL SANDS CRUDE OIL AND RELATED PRODUCTS BY CANADIAN RAILWAYS 412 CRUDE OIL BY RAIL: PART I POTENTIAL FOR THE MOVEMENT OF ALBERTA OIL SANDS CRUDE OIL AND RELATED PRODUCTS BY CANADIAN RAILWAYS Malcolm, Malcolm Research and Consulting 1 There is a very significant

More information

Crude Oil NGL Bitumen Natural Gas Total Area Interest Operator (MBD) (MBD) (MBD) (MMCFD) (MBOED)

Crude Oil NGL Bitumen Natural Gas Total Area Interest Operator (MBD) (MBD) (MBD) (MMCFD) (MBOED) Fact Sheet March 215 The company s Canadian operations are comprised primarily of natural gas fields in western Canada and oil sand projects in the Athabasca region of northeastern Alberta. Current investment

More information

IBP 2778_10 HIGH EFFICIENCY ON CO2 REMOVAL IN NATURAL GAS WITH UCARSOL SOLVENTS Thiago V. Alonso 1. Abstract. 1. Introduction

IBP 2778_10 HIGH EFFICIENCY ON CO2 REMOVAL IN NATURAL GAS WITH UCARSOL SOLVENTS Thiago V. Alonso 1. Abstract. 1. Introduction IBP 2778_10 HIGH EFFICIENCY ON CO2 REMOVAL IN NATURAL GAS WITH UCARSOL SOLVENTS Thiago V. Alonso 1 Copyright 2010, Brazilian Petroleum, Gas and Biofuels Institute - IBP This Technical Paper was prepared

More information

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics!

Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! June 16, 2015 Forward-Looking Statements Certain statements and information

More information

News Release NYSE: BPL

News Release NYSE: BPL News Release NYSE: BPL Buckeye Partners, L.P. One Greenway Plaza Suite 600 Houston, TX 77046 Contact: Kevin J. Goodwin Vice President & Treasurer irelations@buckeye.com (800) 422-2825 BUCKEYE PARTNERS,

More information

SUNOCO LOGISTICS PARTNERS L.P.

SUNOCO LOGISTICS PARTNERS L.P. (Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year

More information

CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH

CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH MAY 2014 201 King of Prussia Road, Suite 600 Radnor, PA 19087 USA T. 610.995.2500 www.cbreclarion.com

More information

Oil & Natural Gas Transportation & Storage Infrastructure: Status, Trends, & Economic Benefits

Oil & Natural Gas Transportation & Storage Infrastructure: Status, Trends, & Economic Benefits Oil & Natural Gas Transportation & Storage Infrastructure: Status, Trends, & Economic Benefits Report for: American Petroleum Institute Submitted by: IHS Global Inc. 1150 Connecticut Ave, NW, Suite 401

More information

NEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE

NEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE NEWS RELEASE CHINOOK ENERGY INC. ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE CALGARY, ALBERTA February 8, 2016 Chinook Energy Inc. ("Chinook" or the "Company") (TSX: CKE) today

More information

Short-Term Energy Outlook Market Prices and Uncertainty Report

Short-Term Energy Outlook Market Prices and Uncertainty Report July 2014 Short-Term Energy Outlook Market Prices and Uncertainty Report Crude Oil Prices: After an upward move in mid-june, crude oil prices retreated close to previous levels. The North Sea Brent front

More information

2016 TD Securities London Energy Conference January 11, 2016

2016 TD Securities London Energy Conference January 11, 2016 2016 TD Securities London Energy Conference January 11, 2016 Legal Notice This presentation includes certain forward looking information (FLI) to provide Enbridge shareholders and potential investors with

More information

MANAGEMENT S DISCUSSION AND ANALYSIS

MANAGEMENT S DISCUSSION AND ANALYSIS MANAGEMENT S DISCUSSION AND ANALYSIS Management s discussion and analysis ( MD&A ) of financial conditions and results of operations should be read in conjunction with NuVista Energy Ltd. s ( NuVista or

More information

Rising to the Challenge

Rising to the Challenge Rising to the Challenge Annual Report 2015 Our Business Gibsons is a midstream energy company with operations in some of the most hydrocarbon-rich basins in North America. For over 60 years, Gibsons has

More information

Natural Gas Pipeline Regulation: Costs and Benefits of the Canadian Approach Glenn Booth Chief Economist National Energy Board Gold Coast, July 2004

Natural Gas Pipeline Regulation: Costs and Benefits of the Canadian Approach Glenn Booth Chief Economist National Energy Board Gold Coast, July 2004 Natural Gas Pipeline Regulation: Costs and Benefits of the Canadian Approach Glenn Booth Chief Economist National Energy Board Gold Coast, July 2004 1(title) Outline 1. Mandate and Goals of the NEB 2.

More information

BUSINESS UNIT HEADER IMAGE GOES HERE

BUSINESS UNIT HEADER IMAGE GOES HERE BUSINESS UNIT HEADER IMAGE GOES HERE 2015 Third Quarter Financial & Strategic Update Al Monaco President & CEO John Whelen Executive Vice President & CFO Legal Notice This presentation includes certain

More information

Crude By Rail. James Cairns Vice President, Petroleum and Chemicals June 6 th, 2013 - COQA

Crude By Rail. James Cairns Vice President, Petroleum and Chemicals June 6 th, 2013 - COQA Crude By Rail James Cairns Vice President, Petroleum and Chemicals June 6 th, 2013 - COQA FORWARD-LOOKING STATEMENTS The financial results in this presentation were determined on the basis of U.S. GAAP.

More information

TD Securities London Energy Conference

TD Securities London Energy Conference TD Securities London Energy Conference Don Althoff, President & CEO January 11 12, 2016 Forward-Looking and Non-GAAP Information Advisory Certain information contained in this presentation constitutes

More information

Enable Midstream Partners, LP

Enable Midstream Partners, LP Enable Midstream Partners, LP NAPTP 2015 MLP Investor Conference May 20, 2015 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking

More information

ANNUAL INFORMATION FORM For the Year Ended December 31, 2012

ANNUAL INFORMATION FORM For the Year Ended December 31, 2012 ANNUAL INFORMATION FORM For the Year Ended December 31, 2012 March 7, 2013 TABLE OF CONTENTS INTRODUCTORY INFORMATION... 2 NOTE REGARDING FORWARD-LOOKING STATEMENTS AND ADVISORIES... 3 CORPORATE STRUCTURE...

More information

Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma

Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Trisha Curtis, Research Analyst Energy Policy Research Foundation, Inc. (EPRINC) CERI Oil Conference 2012 April 23 rd, 2012

More information

Crude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013

Crude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Crude Pipeline & Rail Infrastructure Overview Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Agenda» New Crude Production» Pipeline Projects» Rail Developments»

More information

Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development

Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development Watco Companies, L.L.C. NUTC Oil Panel Discussion Terminal Perspective Evanston, IL June 11, 2014 Stefan Loeb SVP Marketing & Strategic Development Terminal Perspective: Watco Shale Opportunities CASE

More information

Evaluation of Potential Pathways for Tar Sands to the U.S. Northeast

Evaluation of Potential Pathways for Tar Sands to the U.S. Northeast Evaluation of Potential Pathways for Tar Sands to the U.S. June 2013 Table of Contents I. Executive Summary... 1 II. Current Tar Sands Product to the U.S.... 3 A. Current (2012) Refining Overview... 3

More information

First Quarter 2015. EnergyIQ. Summary of Energy Industry M&A and Capital Markets Activity. AmherstPartners.com

First Quarter 2015. EnergyIQ. Summary of Energy Industry M&A and Capital Markets Activity. AmherstPartners.com First Quarter 2015 EnergyIQ Summary of Energy Industry M&A and Capital Markets Activity Recent Deal Activity 1Q 2015 January 12, 2015 Dallas, Texas-based EnLink Midstream Partners, LP (NYSE:ENLK) signed

More information

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator

U.S. Energy Outlook. Oil and Gas Strategies Summit May 21, 2014 New York, NY. By Adam Sieminski, EIA Administrator U.S. Energy Outlook May 21, 214 New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.gov The U.S. has experienced a rapid increase

More information

Second-Quarter 2014 Earnings Conference Call. August 6, 2014

Second-Quarter 2014 Earnings Conference Call. August 6, 2014 Second-Quarter 2014 Earnings Conference Call August 6, 2014 Investor Notices Safe Harbor Some of the information provided in this presentation includes forward-looking statements as defined by the Securities

More information

Oil Market Outlook. By Hannah Breul Office of Energy Markets and Financial Analysis. U.S. Energy Information Administration

Oil Market Outlook. By Hannah Breul Office of Energy Markets and Financial Analysis. U.S. Energy Information Administration Oil Market Outlook For 2016 Legislative Ag Chairs Summit The Opportunities and Challenges of an All of the Above Energy Policy panel January 9, 2016 Denver, CO By Hannah Breul Office of Energy Markets

More information

Glossary. Barrel. A standard oil barrel is approximately equal to 35 Imperial gallons (42 U.S. gallons) or approximately 159 litres.

Glossary. Barrel. A standard oil barrel is approximately equal to 35 Imperial gallons (42 U.S. gallons) or approximately 159 litres. Glossary API Gravity Barrel Bitumen Bitumen Blend Coker Condensate Crude oil (Conventional) Crude Oil (heavy) A specific gravity scale developed by the American Petroleum Institute (API) for measuring

More information

2015 SRI FIELD TRIP TO CANADA. ROYAL DUTCH SHELL September 15, 2015

2015 SRI FIELD TRIP TO CANADA. ROYAL DUTCH SHELL September 15, 2015 2015 SRI FIELD TRIP TO CANADA ROYAL DUTCH SHELL September 15, 2015 1 DEFINITIONS AND CAUTIONARY NOTE The New Lens Scenarios referred to in this presentation are part of an ongoing process used in Shell

More information

Page 1 of 13. Canada. Overview Canada is one of the world's five largest energy producers and is the principal source of U.S. energy imports.

Page 1 of 13. Canada. Overview Canada is one of the world's five largest energy producers and is the principal source of U.S. energy imports. Canada International energy data and analysis Last Updated: November 10, 2015 (Notes) full report Overview Canada is one of the world's five largest energy producers and is the principal source of U.S.

More information

Liability Management Monthly Summary Report

Liability Management Monthly Summary Report Liability Management Monthly Summary Report Producers 2016JUL10 OGCR887w Each permit holder will have their Liability Management Rating (LMR) assessed on a monthly basis and reported here. Oper ID Operator

More information