Market Studies Services
Watson Millican & Company consultants have assisted owner/operators, investors, legal firms and financial institutions by preparing market studies of many segments of the hydrocarbon industry.
Our analyses are client specific and address a variety of different questions regarding crude oil and natural gas, transportation, refining, marketing, natural gas liquids, petrochemicals, and specialty chemicals.
In-depth assessments are often made on supply and demand balances, product pricing, total and marginal costs of production, and alternative outlets for a wide range of hydrocarbon based materials.
Refining and Chemicals
Refinery Expansion Economic Study
Performed economic evaluation of a potential major expansion of capacity at a large Gulf Coast refinery, including development of capital costs, operating and maintenance expense estimates and projected range of refining gross margins.
Natural Gas and NGLs
Natural Gas Liquids Supply / Demand Study
Prepared an analysis of the demand for NGL products as feedstocks to the petrochemical and refining industries, the availability of NGL supplies in the U.S. and Canada, and the level of current and future NGL fractionation capacity.
Pipelines
Texas Railroad Commission Common Carrier Pipeline Rate Disputes
Provided market study analyses and testimony before the Texas Railroad Commission on matters involving intra-state common carrier rates and terms of service disputes between carriers and shippers. Materials transported included ethylene and natural gas liquids.