Projects/Studies

ESAI Energy delivers Multi Client Studies focusing on specific market trends or delivers consulting projects focused on strategic planning, asset valuations, economic and political market analysis, focused on the natural gas, oil and alternative fuel industries. In addition, we provide expert witness support in litigation and arbitration. ESAI Energy has testified before the US Congress on oil market issues and served as expert witness for producers, banks, refiners and governments.

ESAI Energy works with individual customers conducting proprietary research and analysis to help the customer make strategic decisions. This includes leveraging ESAI Energy’s priority databases, its team of topical and regional experts and knowledge of the global energy markets. Please contact ESAI Energy to discuss a specific scope of work or strategic questions related to the Energy markets.

For more on ESAI Energy’s projects, email us direct or +1-781-245-2036.

Petroleum Coke Analysis: For an Aluminum smelter, ESAI Energy undertook an analysis of the impact of changing crude quality on the production of petroleum coke at North American refineries. ESAI Energy analyzed how expected changes in refinery crude slates would impact both the production and quality of the petroleum coke produced at individual refineries.

U.S. Gulf Coast Storage Terminals: In support of an investment, ESAI Energy analyzed the current and projected market for crude oil terminaling.

Petroleum Product Market Outlook and Pipeline Profitability on the East Coast of the United States: For an institutional investor, ESAI Energy analyzed the prospects for petroleum product suppliers to the U.S. East Coast market to 2020. Based on analysis of inter‐PADD pipeline, tanker and barge deliveries and supply from import sources, ESAI Energy forecast the prospects for future petroleum product supply to the East Coast market.

Latin America Diesel Markets: For a U.S. refiner, ESAI Energy prepared a comprehensive study of the Latin American diesel market, including demand and production by quality through 2020 for all countries in the region. This report included a thorough discussion of future specification changes, and the corresponding investments by regional refiners.

Latin America Gasoline Markets: For a U.S. refiner, ESAI Energy prepared a country‐by‐country evaluation of market opportunities for gasoline exports to Latin America. In addition to focusing on specific refinery upgrades in the region through 2020, the study covered issues of specification, biofuels blending, domestic production, demand, and retail market concentration.

The Asian Bitumen Market: ESAI Energy conducted a proprietary study of the Asian bitumen market and developed an economic feasibility analysis for a bitumen production investment.

Global Fuel Specifications: ESAI Energy provided analysis of the future of global and regional markets for gasoline, diesel, jet fuel, and kerosene for a large Asian refining company. The study combined analysis of fuel specifications around the world with the ability of refiners to produce the requisite volume and quality of the relevant fuels.

African Refining Markets: ESAI Energy conducted an industry competitiveness evaluation for an Africa‐based refiner considering a new refining investment. The objective was to determine the impact of this investment and competitor investments on the refiner’s operating refining margin over a specified time frame.

Asian Refining Markets: ESAI Energy conducted a refining profitability analysis for an Asian refiner with a new refining investment. The analysis required collecting all of the inputs to the refiner’s new operating margin and projecting that margin based on both regulated domestic market dynamics and international market dynamics. The study resulted in recommendations to the refiner’s host government regarding market liberalization options.

Indian Ocean Petroleum Products Outlook: ESAI Energy conducted a proprietary study, which provided a detailed forecast of refining and consumption developments in the Persian Gulf, India and the East coast of Africa in an effort to determine the evolution of the Indian Ocean market for petroleum products.

Transfer of Petroleum Fuels Pollution: ESAI conducted this study with the Energy and Industry Department of the World Bank. It provides a preliminary look at trade in petroleum products between the industrialized and developing countries, in an effort to determine if environmental regulations in industrialized countries are influencing that trade and resulting in the transfer of pollution from the industrialized to the developing countries.

Canadian Diluent: For a number of customers, ESAI Energy prepared an analysis of the likelihood of U.S. field condensate being commingled with Canadian crude and then exported in violation of U.S. law

Evaluation of New Crude Oil Field in Southern Atlantic Region: ESAI Energy analyzed the pricing and likely customers for a new crude oil. ESAI Energy helped determine the value of a new crude oil at representative regional and individual refineries based upon individual refinery configurations and petroleum product demand.

Uses of U.S. Processed Condensate: For an American midstream company, ESAI Energy analyzed the foreign uses of processed condensate to support the company in its testimony before a U.S. government Agency.

Transport Options for U.S. Gulf of Mexico Deepwater Crude: Developed long‐term, individual field level production forecast of Gulf of Mexico deep‐water production and evaluated the viability of competing transport options for crude oil produced from these assets, based on output volume and distance from existing or planned infrastructure.

The Global Market for Heavy Crude Oil: For a major oil producer, ESAI Energy analyzed the global market for heavy crude to determine the likely market share and pricing for the companies own crude oil. Using individual crude oil assays and representative regional refinery configurations ESAI Energy calculated refinery output and a gross product worth for each of the heavy crude oils in the analysis and compared them with regional benchmark crude oils.

The Global Oil Market: Assessing Supply, Demand and Stocks: ESAI conducted a proprietary study for a government examining oil market data collection and analysis.

The Light Sweet Crude Oil Market in the Mediterranean: ESAI Energy conducted a proprietary analysis of the market impact of rising supplies of different qualities of crude oil in the Mediterranean market. The analysis examined production, refining and trade data by quality in an effort to forecast price relationships between grades of crude oil. The study also addressed the impact of two‐tier pricing caused by the existence of both OSP and spot pricing for a given benchmark crude.

Analysis of Biodiesel Pricing in San Francisco: Conducted for a Renewable Diesel producer to determine the extent to which benchmark prices might be influenced by one supplier.

Assessment of Alternative Liquid Fuels for Use at a Major University: Conducted a study on the availability and pricing of liquid biofuels in the Northeastern United States for use as a heating fuel for a University campus.

Analysis of Multiple RFS Scenarios to 2022: For a major U.S. refiner, conducted a series of forecasts of biofuels supply and demand and RIN prices under different possible RFS mandates.

Battery and Hydrogen Energy Storage Deployments in the U.S.: For a major automaker, conducted a review of battery storage in the U.S. and regulations encouraging battery storage development.

Renewable Natural Gas and RFS and LCFS: For an RNG producer, conducted a forecast of RNG consumption and how it would be impacted by regulations under RFS and LCFS.

Renewable Fuels, RIN Pricing, and LCFS Compliance: For a U.S. refiner, ESAI Energy conducted a study with long‐term price forecasts for U.S. alternative fuels and Renewable Identification Numbers (RINs) based on detailed analysis of alternative fuel fundamentals, expected shifts in federal policy, CA LCFS regulation, and conventional fuels markets.

Energy Mix for Electric Vehicles: For a major automaker, ESAI Energy conducted an analysis of the mix of US energy inputs to power generation to determine the relative GHG emissions of electric vehicles sold across the country.

U.S. Transport in Global Context, 2010‐2035: Study for major automaker evaluating the development of transportation fuel markets in the context of global oil markets, shifting trends in regional U.S. electricity generation, emerging alternative fuels, electric, and hybrid‐electric vehicles.

North American Biofuels: For a major automobile manufacturer, ESAI Energy conducted an analysis of the current and potential supply, demand, and prices for ethanol in the North American market through 2022.

A Comparison of Gasoline and Diesel: Well‐to‐Tank Measurement of GHG Emissions: ESAI Energy studied the improvement in GHG emissions from manufacturing diesel versus gasoline. The study provided a literature review and a refiner survey and focused on GHG emissions specifically from the refining process.

Gasoline Oxygenate Study: ESAI Energy provided an industry assessment for a state government on the issue of oxygenates in gasoline. The assessment focused on the supply costs associated with different oxygenate additives under different scenarios of banning MTBE.

Paths to Achieving ASEAN+3 Energy Cooperation: an analysis prepared for the Japanese government on the four targets of the Hiranuma Initiative on energy cooperation among the countries of the Association for Southeast Asian Nations and Japan, Korea, and China. The targets included the formation of an energy security network, oil stockpiling, and reform of the Asian oil market and the growing use of natural gas in the region’s energy mix.

Policy Framework for India’s Strategic Petroleum Reserve: an analysis prepared for the Indian government of alternative policies that the Indian government might pursue in setting up its strategic oil reserve. Topics covered included optimal reserve size, reserves as public or private good, stockpile authority, financing and drawdown policy.

Assessment of Strategic Oil Reserves in non-OECD Countries: an analysis prepared for the U.S. government of plans for strategic oil reserves in countries outside of the OECD with focus on policy, size, timing, cost, etc.

Assessment of Strategic Oil Reserves in OECD Countries: an analysis for the U.S. government of strategic oil reserves and policy in all of the countries of the OECD.