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Bcf/d over and above what the weather alone would indicate. Should there be no signs of sustained oil demand weakness over the summer driving season and if OPEC supply additions continue to underwhelm – EIR will need to reconsider its bearish $65/bbl rest of year Brent price view. • Weekly storage injections are ~2.0
Management estimates of gas estimated ultimate recovery (EUR) for the State 36-2R well range from 4-6 billion cubic feet (“BCF”) (0.9 BCF/1000 feet (‘) of perforated interval) and between 160,000 and 240,000 barrels of condensate, equivalent to a total range of 0.827 to 1.24 (the “Paradox project”).In
billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. Whos Leading the Charge?
billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. Whos Leading the Charge?
Natural Gas in Storage 3,069 Bcf UP 64 Bcf 9.3% Bbl UP $4.11 Crude oil recorded yet another record high, increasing over $4 per barrel to nearly $80. Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $6.13/MMBtu MMBtu UP $0.32
Natural Gas in Storage 2,926 Bcf UP 23 Bcf 12.8% Bbl DOWN $4.06 Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.840/MMBtu DOWN $1.46 NYMEX (September deliveries) $5.578/MMBtu DOWN $1.286 18.7% West Texas Intermediate Spot $69.30/Bbl
Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Bbl UP $2.22 Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17 NYMEX (September deliveries) $5.805/MMBtu UP $0.22
Bcf/d of takeaway capacity. Bcf/d , reflecting the impact of expanded takeaway capacity and rising demand for LNG exports. Exxon, Chevron, and Shell Are Betting on Carbon CaptureIs It the Future? oil and gas industry is experiencing one of its most transformative periods. 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d , a 0.3
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