By The Numbers, 1/9/2019

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except utilization rate which is a four week ending average.  The full report can be found here. Item 1/4/19 12/28/18 Refinery…

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By The Numbers Redux, 2018 End Of Year

I have only been doing this series since Aug of 2018, but here are the numbers for the end of the year.  Bottom line:  we basically ended where the series started.  But there are some headlines making the news and some trends here to take note of. In the figure above, crude oil production is…

Two Meetings In Houston Next Week

  7th Contract and Risk Management For Construction and Capital Projects Jan 8 - 9, 2019 Hotel ICON http://www.marcusevans-conferences-northamerican.com/marcusevans-conferences-event-details.asp?EventID=24902&SectorID=3&utm_source=media%20partner&utm_medium=Houston%20Energy%20Industry%20News-banners&utm_campaign=CHC970-Houston%20Energy%20Industry%20News#.XDHwKRB7nhf Use discount code: CHC970-HEIN for 20% off MIT Enterprise Forum of Texas Business Forecast Luncheon Jan 9, 2019 Federal Reserve Bank of Dallas, Houston Branch https://miteftexas.org/meetinginfo.php

By The Numbers, 1/4/2019

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except utilization rate which is a four week ending average.  The full report can be found here. Item 12/28/18 12/21/18 Refinery…

Video by SpectraSensors: Measure Moisture In Natural Gas Pipeline

Here is a video from SpectraSensors on measuring moisture in natural gas streams.  Their technology is essentially absorption spectroscopy.  What makes them different is that their instrument does not come into contact with the gas, because it is based on light technology. Thus, SpectraSensors states that the instrument does not need maintenance, nor calibration, nor…