WHO SHOULD ATTEND:
Meet Senior Decision Makers From:
- Tight Oil E&P Companies
- Oil Sands E&P Companies
- Rail Companies
- Railroad Operators
- Canadian Crude Terminal Operators
- US Crude Terminal Operators
- US Refineries
- Pipeline Operators Across North America
- Processing Companies
With The Following Job Titles:
COOs, VPs, Directors, Managers, Team Leads & Chiefs Of...
- Crude Marketing
- Crude Sourcing
- Midstream Operations
- Corporate Development
- Business Developement
- Business Analysts
- Regulatory Affairs
- Industrial Products
- Sales & Marketing
- Fuel Supply
Plus Suppliers Of:
- Rail Cars
- Rail Car Components
- Rail Car Valves
- Rail Air Brake Technology
- Railcar Coatings
- Track Construction & Maintenance Services
- Rail Loading & Unloading Equipment / Transloading Equipment
- Pipeline EPC Services
- Crude Quality Testing
- Crude Marketing Services
- Supply Chain Software
- Crude Hauling & Trucking services
- Rail Spill Containment Services
- Emergency Response Services
- Remediation Services
- Condensate Stabilization Technology
- Crude By Barge Solutions
- Crude Storage
- Custom brokers
- Import and Export Brokerage Solutions
- Legal Services For Oil & Gas Industry
3rd Annual Canadian Crude Markets & Rail Takeaway Summit 2014
Today, approximately 800 tank cars move 550,000 barrels of crude oil move on Canadian railways a day. By the end of this year, that figure is expected to top 1,000,000 barrels per day. But the wave of high profile crude by rail accidents is threatening to compress the 2.6 million barrels per day of Canadian crude oil exported per year and cramp a mode of transport that has grown exponentially during the boom in production from oil sands and WCSB shale.
With only around 14,000 cars having been purpose built so far to new safety improvements, retrofitting all older tank cars will mean shippers are likely to incur an additional 20-40 cents per barrel to crude by rail costs, adding up to a cost of $30,000 to $60,000 per car. Sidelining older DOT-111s will also depress Canadian oil prices at the wellhead as producers compete for insufficient pipeline capacity. 2013 saw heavy Canadian crude being traded as low as $40 per barrel below U.S. benchmark prices.
Meanwhile, just as these transportation costs rise, there is an increasing drive towards finding new markets for Canadian crude, both in on the West Coast, East Coast and Gulf Coast as well as to waterborne export markets.
Canadian E&Ps, crude traders, railroad operators, and transloaders are therefore highly concerned with how they can access the most profitable markets for their crude in the context of new rail safety requirements, and how they can identify the market destinations that will offer the best netbacks.
In the wake of these new rail safety requirements and the context of delayed Keystone XL approvals, constrained pipeline capacity, and discounted prices for Canadian crude in US markets, it is vital that each of these stakeholders focus on developing Canadian crude markets beyond traditional US markets and find solutions to overcome the challenges of rail takeaway capacity and pipeline infrastructure.
For this reason, the 3rd Annual Canadian Crude Markets & Rail Takeaway Summit 2014 has been purposely designed to bring together speakers from every key stakeholder group, including E&Ps, crude shippers, railroad operators, transloaders, rail car manufacturers and refiners to evaluate opportunities for gaining access to lucrative markets in the Gulf Coast, West Coast, East Coast and waterborne export markets and outline rail and pipeline takeaway options for Canadian Heavy and Light crude.
Key Topics That Will Be Covered Include:
COST IMPACT OF RAIL SAFETY REGULATIONS: Evaluating how new railcar regulations will impact the cost of moving Canadian crude by rail
PRODUCER PERSPECTIVES: Projecting the volumes and types of crude that Canadian E&Ps need to move and whether they are favoring pipeline or rail
DIFFERENTIALS FORECAST: Evaluating the overall supply and demand dynamics of heavy sour, light sweet and synthetic crude in North America to forecast the impact on cost per barrel differentials between WCS and WTI
GULF COAST, WEST COAST & EAST COAST MARKETS: Mapping out refining capacity, offloading infrastructure, and takeaway options on the Gulf Coast, West Coast and East Coast to identify optimally priced markets for Canadian heavy and light crude
WATERBORNE EXPORT MARKETS: Providing updates on establishing pipelines and terminals to export Canadian crude outside North America to open up access to new markets and world crude prices
USING CRUDE BY RAIL IN THE NEW REGULATORY LANDSCAPE: Evaluating strategies for optimizing the use of crude by rail in the wake of new safety regulations
PIPELINE PROJECT UPDATES: Evaluating what impact the approval and completion of planned Canadian pipeline projects would have on overall takeaway capacity and pricing differentials
WHAT'S NEW IN 2014?
BRAND NEW TOPICS BEING COVERED IN 2014
The introduction of new safety requirements for crude by rail, the continued wait on the Keystone XL approval and the ever-increasing volumes of light sweet being produced across the border in the US means that the landscape for finding new markets and takeaway options for Canadian crude has dramatically changed in the last few months. To reflect this, this year's agenda has been completely revamped and now includes the following key features for the first time:
RAIL SAFETY FOCUS: As well as providing an extended session on the practical economic impact of new rail safety requirements, all the presentations at this year's agenda will be presented from the perspective of operating in the new regulatory landscape to ensure producers, shippers, railroad operators, transloaders and pipeline operators will be ready for the new challenges they face in 2015
DESTINATION-BY-DESTINATION BREAKDOWN: To reflect the growing need to find new markets for Canadian crude beyond the Gulf Coast, this year's event will have specific sessions on every key potential market including the Gulf Coast, West Coast, East Coast and waterborne export markets
PIPELINE AND RAIL COLLABORATION: As well as breaking down the latest advanced in rail and pipeline projects, this year's event will examine what new multi-modal solutions are emerging for Canadian producers due to increased collaboration between pipeline operators, and railroad and terminal operators