The general system for quantifying oil and gas is thevolumetricmeasurement system which is utilized by the vast majority of operators, producers, and distributors in the industry. However, NGL measurement is often more challenging because Natural Gas Liquids rarely have a homogenous composition. NGLs ...
BP global energy trading provides all facets of the natural gas liquids (NGL) value chain, including production, processing, supply aggregation, trading, marketing, logistics, and risk management.
In terms of valuation, NGL Energy Partners LP is currently trading at a Forward P/E ratio of 8.72. For comparison, its industry has an average Forward P/E of 10.68, which means NGL Energy Partners LP is trading at a discount to the group. The Oil and Gas - Refining and...
With full fuel and chemical compatibility and an operating range of -16°F (-50°C) to 122°F (50°C), the devices are ideal for use in chemical and oil and gas production sites, where pipe leaks can occur. The seals provide protection for 10 hours, until a permanent fix can be ma...
(WTI), the most commonly tracked figure for U.S. crude oil. By comparison, natural gas is trading around $3.04 per Mcf at the Henry Hub, the most common benchmark for natural gas in the country. Knowing what is being produced: oil, gas, NGL, or a combination of these is crucial ...
In the meantime, shale drilling has slowed down considerably owing to low oil (and NGL) prices in addition to low natural gas prices. This situation raises concerns about the shale gas resource potential and future production capabilities. To address these concerns, the understanding of the two ...
[Editor’s note: This report is an excerpt from the Stratas Advisors weekly Short-Term Outlook service analysis, which covers a period of eight quarters and provides monthly forecasts for crude oil, natural gas, NGL, refined products, base petrochemicals and biofuels.] The price of crude oil ...
[Editor’s note: This report is an excerpt from theStratas Advisorsweekly Short-Term Outlook service analysis, which covers a period of eight quarters and provides monthly forecasts for crude oil, natural gas, NGL, refined products, base petrochemicals and biofuels.] ...
Like in other Arctic countries oil and gas industry constitutes a large proportion of GDP in Scotland (9%), compare to 22% and 30% in Norway and Russia respectively. There are 252 oil and gas fields in operation in Scotland[6]and production of crude oil and natural gas liquids (NGL), ...
Aramco deployed 210 oil and gas rigs in 2014, marking an exceptionally busy year. Saudi has more than doubled its rig count in recent years. Operating 210 rigs even after Manifa is complete? This this means they are drilling about 2500 new wells per year. Why? They are not increasing pro...