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U.S. Gas Prices Ease On Record Output

OilPrice

Natural gas at the Waha hub--a regional pricing hub for gas in the Permian Basin in West Texas--sold for near-zero or sub-zero prices for much of 2024, a trend that has continued in the current year. The Permian Shale boom led to a surge in associated gas production,

Gas 286
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Permian Basin produced 22 percent of natural gas in U.S. in 2024

Permian Basin Oil and Gas Magazine

Production averaged 113 Bcfd, according to EIAs latest Natural Gas Monthly. Production growth in Permian Basin was offset by declining production in Haynesville and flat production in Appalachia. natural gas output. The post Permian Basin produced 22 percent of natural gas in U.S. Haynesville averaged 14.6

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

The Permian Basin continues to be a driving force behind U.S. oil and gas production, and ONEOK Inc. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. Bcf/d in 2025.

Basin 52
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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

E&P 130
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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for natural gas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent.

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB). Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices.

Oil 130
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Don't Stop - ONEOK, MPLX Ramp Up Their Permian-to-Gulf Infrastructure, Sometimes in Tandem

RBN Energy

Crude-oil-focused drilling and completion in the Permian Basin is generating fast-increasing volumes of associated gas and creating opportunities for midstream companies that provide wellhead-to-water services for natural gas and NGLs.