Enverus: Tracking America’s Exports Key to Understanding Future of Hydrocarbons Markets

Austin, TX (November 19, 2019) – Enverus, the leading energy SaaS and data analytics company, released an update on U.S. hydrocarbon exports showing the impact of recent infrastructure additions on U.S. exports of crude oil, liquified natural gas (LNG), and natural gas liquids (NGL). In the update, Enverus leveraged vessel location data to provide a lower latency view on U.S. exports. Tankers, amongst other vessels, have been required to transmit their location and other information through an AIS transponder since 2000. By processing this data through an ever-growing list of docks and pairing that information with other contextual data, vessel location data is put into context, generating intelligence on vessel activity and ultimately cargo movements. “For years, oil and gas production data provided by Enverus has helped shed light at a very granular level on the growth of U.S. oil, gas, and NGL production. With the tremendous growth in production of these fuels, exports have become the outlet to balance the market. By tracking vessel and cargo movements, Enverus is now providing increased transparency into this key area of U.S. hydrocarbon markets,” said Rob McBride, Senior Director of Strategy and Analytics at Enverus. “Whether it’s a rig count change, a… continue reading

Continue reading Enverus: Tracking America’s Exports Key to Understanding Future of Hydrocarbons Markets. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply