Sentences with phrase «takeaway capacity»

The phrase "takeaway capacity" refers to the maximum amount of something that can be transported or removed from a particular place, such as oil, water, or goods. It essentially describes the ability or limit of moving or taking away a certain quantity. Full definition
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States.
The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.
S&P Global Platts reports that two crucial pipelines servicing the Permian Basin — the BridgeTex and Longhorn pipelines — saw operations suspended, taking 650,000 bpd of takeaway capacity offline.
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude Continue Reading
Full - field development in the Stateline area, a peer - leading approach to takeaway capacity and locking up land for 2 - mile long laterals.
Eagle Ford shale drillers were forced to shut in some shale output as both the takeaway capacity (i.e., pipelines) and Gulf Coast refineries went offline, backing up crude at the wellhead.
Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States.
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