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Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators.
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.
In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential.
As the oil and gas industry continues to navigate commodity price volatility and evolving regulatory landscapes, the recent transfer of air permits from Sage Natural Resources LLC to EagleRidge Energy underscores a broader trend in the Barnett Shale: operational consolidation and strategic repositioning.
The company will gain exposure to both the liquids-rich and drygas windows, with firm transportation to premium marketsenhancing revenue predictability and price realizations. It also unlocks $150 million in expected first-year synergies through operational and financing efficiencies.
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.
This was primarily due to higher throughput and higher rates across our Gulf Coast and Mariner East pipeline operations and we also had strong NGL exports and increased profits from the optimization of hedged NGL inventory. This was offset by lower interruptible utilization, reduced rates on Panhandle and increased operating expenses.
This was primarily due to growth across our Mariner East pipeline operations as well as strong NGL exports, which were offset by lower gains from the optimization of hedged NGL inventory, as we recognized over $100 million in gains in the third quarter of last year compared to $30 million this year. Intrastate Natural Gas.
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. Its overall Eagle Ford gas output stood at 573 MMcf /d.
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. Its overall Eagle Ford gas output stood at 573 MMcf /d.
oil, gas rig count falls Summary : The US oil and gas rig count fell by 1 to 592 this week, down 30 from the same time last year, with oil rigs remaining at 486 (down 18) and gas rigs decreasing to 101 (down 14). drygas production rose 2.1% Read more U.S. per barrel (up 1.22%) and Brent at $70.41 In response, U.S.
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