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billion cubic feet per day (Bcf/d) of EQT’s molecules. During EQT Corporation’s third quarter 2023 update and conference call (held in October 2023), the company announced “two of the largest, long-term physical supply deals ever executed” for 1.2
The Center for Energy & Environmental Analysis (CEEA) claims it is a “non-partisan think tank” that studies energy and environmental trends and their impact on the future. Attached to the University of Texas at Austin, the CEEA is actually very partisan (Democrat) and anti-fossil fuel.
In April, MDN told you that EQT Corporation, the second-largest natural gas producer in the country (and the largest producer in the Marcellus/Utica) was buying out and merging in Olympus Energy for $1.8 billion (see EQT Buying Olympus Energy for $1.8 Billion; 90K Acres, 0.5 The Olympus assets comprise what EQT described as a.
Bcf/d Mississippi Crossing (MSX) and 1.3-Bcf/d Bcf/d South System Expansion 4 (SSE4) projects will move more Marcellus/Utica gas into Mississippi, Ever so gradually, pipeline capacity to transport Marcellus/Utica molecules to other markets, particularly the Deep South, has been increasing. And it continues to grow, gradually.
In February, MDN brought you the juicy rumor that Olympus Energy, founded in 2012 as Huntley & Huntley Energy Exploration (a company that drills exclusively in the Pittsburgh suburbs), was being shopped for sale by its main financial backer (see Blackstone Looks to Sell M-U Driller Olympus Energy for $2.
Boardwalk Pipeline Partners announced yesterday an open season to offer an extra 2 billion cubic feet per day (Bcf/d) of capacity along its 5,975-mile Texas Gas Transmission pipeline network that stretches from Ohio to Louisiana, running through Indiana, Illinois, Kentucky, Mississippi, and Arkansas along the way. This is VERY exciting news!
Energy Information Administration (EIA), U.S. billion cubic feet per day (Bcf/d) in 2025 and by 15% to 16.4 Bcf/d in 2026. According to the U.S. exports of liquefied natural gas (LNG) represent the largest source of natural gas demand growth this year. LNG gross exports are expected to increase by 19% to 14.2 The start-up.
Energy Information Administration (EIA). billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d,” according to EIA’s latest Natural Gas Monthly report. marketed natural gas production remained “relatively flat in 2024,” according to the U.S.
Yesterday, MDN brought you the big news that EQT is buying out and merging in Olympus Energy (see EQT Buying Olympus Energy for $1.8 Billion; 90K Acres, 0.5 EQT CEO Toby Rice spoke about that purchase during a quarterly conference call with analysts yesterday. Today, we bring you the rest of the news from.
The proposed Borealis Pipeline across Ohio would enable up to 2 Bcf/d to move down the Texas Gas Transmission system to the Gulf Coast. Bcf/d Mississippi Crossing and 1.3-Bcf/d Bcf/d South System Expansion 4 projects — to move more gas into Mississippi, Alabama, Georgia and South Carolina.
Last week MDN brought you the great news that Boardwalk Pipeline Partners launched an open season to offer an extra 2 billion cubic feet per day (Bcf/d) of capacity along its 5,975-mile Texas Gas Transmission pipeline network that stretches from Ohio to Louisiana, running through Indiana, Illinois, Kentucky, Mississippi, and Arkansas along the way (..)
A few weeks ago, MDN told you that EQT Corporation, the second-largest natural gas producer in the country (and the largest producer in the Marcellus/Utica) is buying out and merging in Olympus Energy for $1.8 billion (see EQT Buying Olympus Energy for $1.8 Olympus uses another company, Leviathan Energy, to.
CS 165 is also the endpoint of the Mountain Valley Pipeline, which carries 2 Bcf/d of natural gas from the Marcellus and Utica Shale from Wetzel County, WV, to Pittsylvania County,
The project will expand Transco capacity by a whopping 950 MMcf/d (nearly a full Bcf) to flow more Marcellus/Utica molecules to the power-hungry Virginia market. During last week’s first quarter update from Williams, management announced a new project called the Transco Power Express expansion.
(Oil & Gas 360) – Electricity Data For The Month Of March Highlights Why Many Are Likely To Soon Be Caught Very Natural Gas Short More energy needed to power the much needing to be done had 3.2% We estimate that 82 Bcf remained in inventory during March because 0.377 Bkwh/d less was generated by natural gas in March.
Energy Information Administration. percent or 70 billion cubic feet to 4,277 Bcf. percent or 70 billion cubic feet to 4,277 Bcf. percent or 3 Bcf. Design capacity increased 7 Bcf in the Mountain region to offset declines elsewhere. Both increased in 2024. Design capacity increased slightly by 0.1
Energy Market Assessment: Restoringupward mobility of the masses will have a profitable oil & gas drilling boom- oil and gas 360 While many are worried about stock market volatility, interest rates, tariffs and other uncertainty, The Climate Changing to stimulating is driving our bullish natural gas outlook. Figure 9: U.S. Figure 12: U.S.
Image by Jorge Elizaquibel via iStock Emerald Storage Holdings LLC, the parent company of Enstor Gas LLC and Mississippi Hub LLC, has received a Notice to Proceed with Construction from the Federal Energy Regulatory Commission (FERC) for the Mississippi Hub Expansion project. Bcf of additional working gas capacity and up to 0.7
In recent years, the basin’s output has been rangebound between 34 and 36 Bcf/d and Appalachian producers see only modest gains in 2025. But a handful of pipeline projects and rising gas demand from power generators suggest the Marcellus/Utica may finally be on the verge of a production breakout.
CALGARY, Alberta (July 2, 2025) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages Generative AI across its solutions, has released its latest Fundamental Edge report. Bcf/d over and above what the weather alone would indicate. Weekly storage injections are ~2.0
billion cubic feet per day (Bcf/d) of Marcellus and Utica gas from Pennsylvania, West Virginia, and Ohio to destinations in Ohio, Michigan, West Virginia, and Canada. Rover Pipeline, a 713-mile natural gas pipeline, was designed to carry up to 3.25 The project was completed and came online in late 2018 (see FERC OKs Final 2.
stake in Waga Energy SA (EPA: WAGA), a French leader in renewable natural gas (RNG) production, in a transaction that values the company at approximately €534 million (US$611 million). Strategic and Financial Synergies EQT views Waga Energy as a critical asset in its energy transition portfolio. Bcf/d beginning in 2027.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Management estimates of gas estimated ultimate recovery (EUR) for the State 36-2R well range from 4-6 billion cubic feet (“BCF”) (0.9
This could represent a transformative digital infrastructure footprint in the Permian Basin that will link abundant local energy in the Permian Basin with the surging demand for AI compute. In addition, the Company has also identified three new board candidates with expertise spanning energy, infrastructure, and digital innovation.
When completed, the project will supply 125 billion standard cubic feet (Bcf) per day of natural gas to the domestic market, Petrovietnam said in a news release. By 2024, the total output of the project was more than 426 million barrels and more than 216 Bcf of gas, bringing in total revenue of more than $31 billion, Petrovietnam said.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. CanCambria Energy Corp. CanCambria Energy Corp. billion cubic feet (BCF) natural gas and 66.5 BCF natural gas and 53.2
China LNG tariffs and the supposedly overhyped energy appetite of AI data centers. Kinder also brushed aside skepticism over AIs future energy draweven after reports surfaced that Chinas DeepSeek uses a fraction of the juice compared to American data gluttons. The board even sweetened the pot with a 2% dividend hike.
There could be as much as 6 Bcf/d of underutilized pipeline capacity over the next decade in the Haynesville. Bcf/d of takeaway capacity by the end of this year. Bcf/d of capacity is expected by 2027. Alex Ljubojevic will present the findings at EVOLVE 2025 , a conference where visionaries converge to shape the future of energy.
Last year, Enbridge struck a deal to buy three natural gas utilities in the United States from Dominion Energy for a total consideration of $14 billion. bcf/d Traverse Pipeline which will connect Agua Dulce to Katy, Texas, providing market optionality for customers. bcf/d natural gas pipeline connecting Permian supply to Katy.
News True Blue Blog Where energy conversations come to life. During the recent winter storms, natural gas demand reached record highs on multiple consecutive days, with natural gas consumption reaching 184 billion cubic feet (BCF) on January 20 and 21. Typically, the colder it is, the more natural gas America requires.
The shale play experienced phenomenal growth in the 2010s, its gas production rising from less than 2 Bcf/d to more than 33 Bcf/d over that decade. The Marcellus/Utica region is by far the most prolific natural gas production area in the U.S., accounting for about one-third of the nations daily output.
Owned by DT Midstream and TC Energy, the pipeline already moves 2.0 delivering over 35 billion cubic feet per day (Bcf/d)—about 31% of the nation's marketed production. Bcf/d last year, supported by new LNG export plants and expanding power generation needs. Bcfd by 2029, responding to strong shipper interest.
Enbridge executives say partnerships like these are increasingly essential for aligning with Indigenous interests and ensuring community support for energy development. The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc., The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc.,
Active Drilling Concentrated Among Top Operators Leading players like Chord Energy, Continental Resources, Chevron, and ConocoPhillips account for the bulk of 2025 activity, with some operators drilling over 100 wells since 2023. Infrastructure Limits Natural Gas Growth With natural gas production nearing 3.2
Trinity Gas Storage, LLC is at the forefront of a new era in Texas energy resilience. Just six months after launching Phase I of its state-of-the-art 24 Bcf gas storage facility in Anderson County, East Texas, the company has continued expanding with momentum—and a clear focus on reliability, capacity, and innovation.
natural gas prices fell nearly 8% last week to $3.249/MMBtu, their lowest since January, despite a smaller-than-expected storage build of 16 Bcf, which was below the five-year average of 50 Bcf. Bcf/day, while consumption dropped to 103 Bcf/day due to warmer weather reducing residential and power demand. Read more U.S.
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.
Bcf of natural gas transportation with the ultimate capacity to be determined depending on the level of shipper commitments from the open season. Tallgrass is a leading energy infrastructure company focused on delivering energy and services that fuel homes and businesses. Target in-service date is late 2028.
Its infrastructure includes 1 million horsepower of compression capacity and 288 billion cubic feet (Bcf) of storage. This transaction aligns with ArcLight’s focus on perpetual capital deployment in energy infrastructure. Spanning 9,100 miles across nine U.S. ArcLight sees the acquisition as a long-term strategic investment.
Image by Vadym Plysiuk via iStock In an EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, highlighted an “implosion over the past week” in the July natural gas contract. We’d love to hear from you, join the conversation on the Rigzone Energy Network.
The plant will leverage natural gas and CCUS to produce 1 Bcf/d of blue hydrogen and 1 mtpa of low-carbon ammonia. Securing international offtakers like Marubeni underscores XOMs lead in scaling blue hydrogen and ammonia, driving decarbonization in Japans energy sector and boosting the global hydrogen markets growth and competitiveness.
Bcf/d of incremental natural gas supplies to the Texas/Louisiana Gulf Coast. During the same period, more than 8 Bcf/d of new LNG export capacity will move that gas to international markets. Over the next couple of years, six new pipelines and expansion projects will bring 11.8 Inflows will never equal outflows.
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