Remove 2020 Remove BBL Remove BCF
article thumbnail

Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Bcf/d in 2024 to over 26.8 Bcf/d by 2040, according to the EIA.

Gas 52
article thumbnail

Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Bcf/d in 2024 to over 26.8 Bcf/d by 2040, according to the EIA.

Gas 40
article thumbnail

EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Bbl UP $2.22 If US LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020.) Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17