×

ISTMO ENERGY, LLC

With 25+ years of O&G experience our focus is to optimize value by integrating supply chain with lean logistics in order to reduce carbon footprint on basic fuels.

Category: News

U.S. Shale Industry Accelerates As Oil Prices Rise

Oilprice.com – Jan. 25, 2021

DUC inventory in the Permian subsides as oil prices increase.

The number of drilled but uncompleted wells (DUCs) that accumulated at the height of the pandemic has started to subside to pre-Covid-19 levels after swelling to a multi-year high of 6,548 wells in June 2020.   Currently the number of DUCs in the country has slimmed down to around 5,700 wells by the end of December 2020. More…

Slim Boosts Oil Industry Investments in Post-Pandemic Bet

Source – Bloomberg – January 11, 2021.

Carlos Slim continues to snap up shares of PBF even as the company’s stock continues to slump

Mexico’s richest entrepreneur, doubled down on his bet for the Post-Pandemic refining industry by increasing his stake in PBF Energy and its pipeline company PBF Logistics. by increasing his shares in the company through a deal worth $230 million dollars (PBF). More…

2021 Outlook For Permian Oil And Gas Markets

Source: RBN Energy – January 7, 2021

Permian Gas and Crude production back to where they were at the beginning of 2020

As the year starts, crude and gas production in the Permian basin have begun recovering towards Pre-Covid levels.  On the natural gas side, as adequate gas pipeline capacity has finally arrived, a proper outlet for West Texas gas and producers restored curtailments, production has gone back up to 11.7 Bcf/d, which is just shy of where it started in 2020. More…

Ethylene margins skyrocket driving strong demand for NGLs

Source – RBN Energy – January 4, 2021.

Ethylene, a product from steam crackers, rose to $0.38, nearly 4 times the spot price of April 2020.

The price increase is an example of the strong and rising long-term demand for downstream products, and a contributing factor keeping NGL and ethane demand high as 1/3rd of NGLs end up in steam crackers, as well as 85% of produced ethane. More…

Production at Pemex refineries continue downward trend

Source: El Economista – Mexico City – January 4, 2021

Pemex refineries record worst performance in decades

Refining output and operational capacity continues to deteriorate falling short of its company business-plan amid un-scheduled shutdowns, operational challenges and maintenance related short-falls. More…

Mexican President Reveals Project to Import and Refine Oil

Source – Forbes – December 23, 2020.

Project to process West Texas Light crudein southeast Mexico hinted during morning press conference.

As Mexico has been welcoming private investment to boost the country’s energy security, the Mexican President “AMLO” teased a progress update by announcing that a private company will be importing US light crude and refining it domestically. More…

Billionaire Warren Buffett Bets $9.7 Billion on Natural Gas

Source: World Oil (July 16, 2020)

Warren Buffett recently acquired Dominion Energy’s natural gas assets.

Buffet’s investment  in one of the Permian Regions relevant natural gas producers is a bet on one of the cleanest and most efficient fuel sources as governments and investors push away from fossil fuels and towards “clean-energy,” the plan won’t happen overnight. More…

Green Energy Reality Check: Fossil Fuels, Green Energy and Protecting the Environment

Manhattan Institute – Jul. 9, 2020

Climate change is a very real threat, and society must invest in mitigating the effects of carbon emissions – but “Green” Energy poses larger and more significant threats… to the environment.

In the fact-based article Mines, Minerals and Green Energy; A Reality Check, Dr. Mark Mills explores the potential environmental damage the Green Energy “Revolution” poses to our environment.  As policymakers shift their focus from pandemic challenges to More…

IEA Reports Natural Gas Lowered U.S. CO2 Emissions Faster Than Any Other Country

Source: Real Clear Energy – May 25, 2020

The U.S. has led the way in CO2 and GHG emissions reduction by converting a large part of its power generation platform to natural gas.

The International Energy Agency came out in support of the American Shale oil and natural gas revolution, saying “In my view it is far too early to write the obituary of shale oil in the U.S.” – Dr. Fatih Birol, Executive Director of the IEA. More…

Push for Electrification Makes Bullish Case for Natural Gas

Source: Forbes – November 29, 2019

As the world’s demand for power grows, data shows Natural Gas use and demand will grow as the most efficient and cleanest source of energy.

As the world becomes more environmentally-conscious and focused on lowering emissions, the most popular topics are electric vehicles and using electric heating. More…

Connecting the Permian to Mexico and the Pacific.

Contact Us

    • 817-929-2710

    • mediarelations@istmoenergy.com

    • 5049 EDWARDS RANCH ROAD
      SUITE 400
      FORT WORTH, TX 76109