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wind power monthly
Diane Bailey, Reporter, Wind Power Monthly
May 25, 2017

With corporate buyers pushing that risk back on developers in power purchase contracts, it can expose wind farm operators to significant costs.

"At this conference, it seems to be one of the issues that is keeping people awake at night," said Hudson Gilmer, vice-president of commercial markets at the energy market data analysis firm Genscape, during a stand-alone presentation.

natural gas intelligence
Bill Burson, Reporter, Natural Gas Intelligence
May 24, 2017

Once again physical traders are having to put up with a weakening supply demand balance. "Another slightly looser market balance today," said industry consultant Genscape. "As with yesterday, sharp drops in gas burns are larger than supply-side declines."

The Wall Street Journal
Georgi Kantchev, Reporter, The Wall Street Journal
May 23, 2017

Louisville, Ky.-based Genscape uses infrared cameras to measure the level of stored oil. Those cameras are mounted on helicopters that fly around tanks around the world. The market-moving data is usually released a few days ahead of government statistics

Financial data companies like Bloomberg LP, Thomson Reuters Corp. and the commodity market information provider Genscape Inc. have been offering oil data such as tanker movements and production surveys for years. 

Services like Louisville, Ky.-based Genscape cost up to several hundred thousand dollars a year, depending on the size of the customer and the data package.

natural gas intelligence
Bill Burson, Reporter, Natural Gas Intelligence
May 23, 2017

"Production is down about 0.28 Bcf/d DOD (though with maintenance season still very much in effect revisions are still frequent)," said industry consultant Genscape in a morning report to clients. "The bulk of today's drop comes out of the Permian where Transwestern receipts from Enterprise's South Eddy plant dropped to zero. Imports from Canada are holding steady around 5.4 Bcf/d as flows on Vector inch back up toward pre-maintenance levels. Prior to the outage it was exporting about 1.15 Bcf/d to Dawn. Current volumes are up to around 0.85 Bcf/d.

natural gas intelligence
Leticia Gonzales, Reporter, Natural Gas Intelligence
May 23, 2017

Meanwhile, Genscape Inc.’s Ben Chu, manager of equity products, said locally mined brown Texas sand is being offered as a substitute for the traditional Wisconsin-sourced Northern White Sands. Encana Corp., a big Permian player, indicated last fall that it was not seeing any degradation from using brown sand in its fracking operations.

cnn money
Matt Egan, Reporter, CNN
May 23, 2017

"It's a bit concerning. You're reducing the government's budget deficit, but you're putting more risk onto the consumer. That's who is going to pay for it," said Carl Evans, senior crude oil analyst at Genscape, an energy market research firm.

natural gas intelligence
Leticia Gonzales, Reporter, Natural Gas Intelligence
May 22, 2017

“Rigs peaked around 2,000 in 2014 and are roughly 900 now, so we are far from full utilization,” said Genscape Inc.’s Ben Chu, manager of equity products. “So you can understand how completions costs can increase more, not too surprising since this recovery has been all about horizontal drilling, while overall well costs are only up 10-15%.”

Genscape’s Drilling Economics Cost Index shows a 5% increase since bottoming in March 2016. Recent gains include well services and frack sand, while personnel costs had recovered to early 2015 levels in October (up 10% from bottom), where they are stabilized now.

natural gas intelligence
Leticia Gonzales, Reporter, Natural Gas Intelligence
May 19, 2017

In addition to new facilities having been brought online this year, last year’s oilsands output was suppressed due to the Alberta wildfires combined with a heavier-than-normal turnaround season. Genscape shows Alberta oilsands production in April 2017 came in about 230,000 b/d higher year-over-year, and May is expected to come in nearly 897,000 b/d higher.

But while AECO June prices did not fall as much as most other markets, outright gains are nonexistent since much of the demand is being met by an equally large increase in production, along with cuts to exports, Genscape said.

natural gas intelligence
Bill Burson, Reporter, Natural Gas Intelligence
May 19, 2017

"During the past five-years, May gas burns typically increase just 1% from April, but presently are running 16% above last month, with CAISO-reported daily average hourly generation from gas up 651 MWh/d," wrote industry consultant Genscape in a report. "The gains are a product of an early heat wave lifting loads combined with Diablo Canyon nuclear going offline towards the end of April for refueling and maintenance. "

Reuters
Catherine Ngai, Libby George, Florence Tan, Mark Tay, and Liz Hampton, Reporters, Reuters
May 19, 2017

After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore started emptying millions of barrels of crude from storage tanks.

In the Houston region, stored oil stocks touched record levels at the end of March, according to energy information provider Genscape.

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