2
© Copyright 2018 RBN Energy, LLC Revised 8/30/2018 What’s Next for the Permian Basin? Crude, Gas, and NGLs. Takeaway Constraints! Basis Blowouts! Massive Midstream Investment! HOUSTON OCTOBER 10 TH 2018 | ROYAL SONESTA – GALLERIA 8am – 5pm (Cocktail Reception to Follow) There has never been anything like the 2018 Permian Basin! Since 2013, oil production has tripled, gas production has doubled and NGLs are up about 2.5 times. Within two years, the Permian will produce as much crude oil as the entire U.S. did ten years ago. Crude oil pipelines out of the Permian are filled to the brim and the differentials between crude in Midland and both the Gulf Coast and Cushing have blown out. It is the same for natural gas, with pipe capacity nearly maxed out and basis wide. Relief for both gas and crude is more than a year away with a total of 5 oil and 7 gas pipeline greenfield takeaway projects in the works, plus a host of expansion projects. So far NGLs have avoided a similar traffic jam, but only because 41 new gas processing plants are online, another 25 are in development, and 5 new pipe projects will provide an additional 1.6 million barrels per day of capacity to the Gulf Coast. Confirmed Speakers and Panelists (Continued on page 2) Rusty Braziel President and CEO RBN Energy Ezra Uzi Yemin Chairman, CEO and President, Delek Jeremy Goebel Senior Group VP, Commercial, Plains Mike Mears Chairman, President and CEO Magellan Stephanie Reed Senior Vice President, Land and Marketing, Parsley Christer Rundlof Founder and CEO WhiteWater Midstream Dan Westcott President, Legacy Reserves Thomas Jorden President and Chief Executive Officer Cimarex Kevin Lafferty Senior Vice President E&P, Devon Ken Snyder Chief Commercial Officer, Frontier Energy. Zach Lee CEO ARM Energy and Salt Creek Midstream Thomas O. Whitener Jr. President, Energy Spectrum Capital Brian Freed SVP Apache and Incoming CEO Altus Midstream John Christmann Chief Executive Officer and President Apache Heath Deneke Executive Vice President and COO Crestwood Alan Armstrong President and Chief Executive Officer Williams

Takeaway Constraints! Basis Blowouts! Massive Midstream … · 2018-08-30 · Permian Basin! Since 2013, oil production has tripled, gas production has doubled and NGLs are up about

  • Upload
    others

  • View
    3

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Takeaway Constraints! Basis Blowouts! Massive Midstream … · 2018-08-30 · Permian Basin! Since 2013, oil production has tripled, gas production has doubled and NGLs are up about

© Copyright 2018 RBN Energy, LLC

Revised 8/30/2018

What’s Next for the Permian Basin? Crude, Gas, and NGLs.

Takeaway Constraints! Basis Blowouts! Massive Midstream Investment!

HOUSTONOCTOBer 10TH 2018 | rOyal SONeSTa – GallerIa

8am – 5pm (Cocktail Reception to Follow)

There has never been anything like the 2018 Permian Basin! Since 2013, oil production has tripled, gas production has doubled and NGLs are up about 2.5 times. Within two years, the Permian will produce as much crude oil as the entire U.S. did ten years ago. Crude oil pipelines out of the Permian are filled to the brim and the differentials between crude in Midland and both the Gulf Coast and Cushing have blown out. It is the same for natural gas, with pipe capacity nearly maxed out and basis wide. Relief for both gas and crude is more than a year away with a total of 5 oil and 7 gas pipeline greenfield takeaway projects in the works, plus a host of expansion projects. So far NGLs have avoided a similar traffic jam, but only because 41 new gas processing plants are online, another 25 are in development, and 5 new pipe projects will provide an additional 1.6 million barrels per day of capacity to the Gulf Coast.

Confirmed Speakers and Panelists

(Continued on page 2)Rusty Braziel

President and CEO RBN Energy

Ezra Uzi Yemin Chairman, CEO and

President, Delek

Jeremy Goebel Senior Group VP,

Commercial, Plains

Mike Mears Chairman, President and CEO Magellan

Stephanie Reed Senior Vice President, Land and Marketing,

Parsley

Christer Rundlof Founder and CEO

WhiteWater Midstream

Dan Westcott President,

Legacy Reserves

Thomas Jorden President and

Chief Executive Officer Cimarex

Kevin Lafferty Senior Vice President

E&P, Devon

Ken Snyder Chief Commercial

Officer, Frontier Energy.

Zach Lee CEO ARM Energy and Salt Creek Midstream

Thomas O. Whitener Jr. President,

Energy Spectrum Capital

Brian Freed SVP Apache and Incoming CEO

Altus Midstream

John Christmann Chief Executive Officer and President Apache

Heath Deneke Executive Vice

President and COO Crestwood

Alan Armstrong President and Chief

Executive Officer Williams

Page 2: Takeaway Constraints! Basis Blowouts! Massive Midstream … · 2018-08-30 · Permian Basin! Since 2013, oil production has tripled, gas production has doubled and NGLs are up about

© Copyright 2018 RBN Energy, LLC

Revised 8/30/2018

reGISTer NOw!rbnenergy.com/permicon

Discounted Lodging:RBN Energy has reserved a limited number of rooms at the Royal Sonesta for a discounted rate of $189 per night, not including taxes. This rate will be honored through September 19, 2018, depending on availability.

Hotel reservations must be made directly through the Royal Sonesta at sonesta.com/royalhouston (use special discount code 101018RBN) or by phone at 855.463.3091. Please mention this event.

Registration Fee – $450Includes conference, breakfast, lunch and cocktail reception

How to Registerrbnenergy.com/permiconPhone: 888.612.9488 | Email: [email protected]

Follow us on:

The opportunities – and the risks – inherent in today’s Permian market are unprecedented. To make sense out of what is over the next Permian horizon, RBN is bringing together the views of top executives from Permian producers and midstreamers, along with the latest analysis of Permian production, infrastructure and takeaway capacity.

We call this conference PermiCon! Our goal is to bridge the gap between fundamentals analysis and boots-on-the-ground market intelligence. This is where data and knowhow come together, to explain what you need to know about the next phase of development for the basin.

What’s Next for the Permian Basin? Crude, Gas, and NGLs. (cont.)