Permian Basin: Optimizing Lease Crude Supply During a Refinery Turnaround
POSTED BY Thomas Hunt ON May 7, 2018 IN Blog, Digital Transformation, E/CTRM, Optimization
Between March and May of this year, we have seen a perfect storm of supply-and-demand imbalances in the Permian Basin. Production hit record levels of 3 million barrels per day (bpd) according to the EIA, refineries shut down for annual turnarounds, and pipeline takeaway capacity reached its limits. All this has culminated in the Midland-Cushing …