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Energy Information Administration (EIA), U.S. exports of liquefied naturalgas (LNG) represent the largest source of naturalgas demand growth this year. billion cubic feet per day (Bcf/d) in 2025 and by 15% to 16.4 Bcf/d in 2026. According to the U.S. The start-up.
(Oil & Gas 360) – Electricity Data For The Month Of March Highlights Why Many Are Likely To Soon Be Caught Very NaturalGas Short More energy needed to power the much needing to be done had 3.2% The quantity of electricity fueled by naturalgas set new record highs 9 of the last 12 months (Figure 2.
marketed naturalgas production remained “relatively flat in 2024,” according to the U.S. Energy Information Administration (EIA). Gas production last year grew “by less than 0.4 Translated another way, production grew around 400.
Compressor Station 165 in Pittsylvania County (in southern Virginia) is part of the Transco pipeline network, the nations largest-volume interstate naturalgas pipeline system.
A few weeks ago, MDN told you that EQT Corporation, the second-largest naturalgas 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.
News True Blue Blog Where energy conversations come to life. Naturalgas has been pivotal to keeping millions of Americans safely and affordably warm throughout these winter storms. Typically, the colder it is, the more naturalgas America requires.
Underground working naturalgas storage capacity in the lower 48 states increased last year, according to the latest data from U.S. Energy Information Administration. EIA calculates naturalgas storage capacity in two ways: demonstrated peak capacity and working gas design capacity. percent or 3 Bcf.
Rover Pipeline, a 713-mile naturalgas pipeline, was designed to carry up to 3.25 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.
(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working naturalgas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line).
stake in Waga Energy SA (EPA: WAGA), a French leader in renewable naturalgas (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.
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.
Bcf/d of incremental naturalgas 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. The impact of this onslaught of gas flows will be anything but orderly. Inflows will never equal outflows.
s Westcoast naturalgas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a naturalgas pipeline.
According to EIR, the high volatility in naturalgas prices expected at East Texas hubs served by Haynesville production is driven by timing mismatches related to gas supply, pipeline development and LNG export demand. There could be as much as 6 Bcf/d of underutilized pipeline capacity over the next decade in the Haynesville.
Last year, Enbridge struck a deal to buy three naturalgas utilities in the United States from Dominion Energy for a total consideration of $14 billion. The expansion of Enbridges gas business also paid off in the first quarter of the year. In the naturalgas transmission business, Enbridge sanctioned the 1.75
ArcLight Capital Partners has finalized the acquisition of a 25% equity interest in the NaturalGas Pipeline Company of America (NGPL) from Brookfield Infrastructure, bringing ArcLight’s total ownership in the system to 62.5%. states, NGPL is one of the nation's largest naturalgas transportation systems.
(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) naturalgas and 66.5 BCFnaturalgas 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. billion, with 91% tied to naturalgas. Kinder didnt blink.
The Marcellus/Utica region is by far the most prolific naturalgas production area in the U.S., 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. accounting for about one-third of the nations daily output.
Denver-based Tallgrass said last week it completed anchor shipper agreements for a new pipeline that will transport naturalgas from multiple points in the Permian Basin to the Rockies Express pipeline and other points of delivery. Target in-service date is late 2028. Pipeline capacity is designed for up to 2.4
Project Update: Prince Rupert Gas Transmission (PRGT) Pipeline Clears Key Regulatory Hurdle The British Columbia Environmental Assessment Office (EAO) has confirmed that the 750-kilometre Prince Rupert Gas Transmission (PRGT) pipeline retains its environmental certificate, clearing the way for construction to continue.
The plant will leverage naturalgas and CCUS to produce 1 Bcf/d of blue hydrogen and 1 mtpa of low-carbon ammonia. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, naturalgas, power and renewable industries.
is entering the cold season with the largest naturalgas storage inventories since 2016, putting downward pressure on power forward prices across much of the country. Key Numbers to Watch NaturalGas Storage: 3,922 Bcf (6% above five-year average). 2024 Gas Injections: 1,640 Bcf (21% below five-year average).
In its latest June 2025 Short-Term Energy Outlook , the U.S. Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. Even though 2025 gas production is still expected to increase modestly , momentum is expected to reverse in 2026. “We shale development.
Read more Naturalgas market struggles to find its footing: here’s why Summary : U.S. naturalgas 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. Read more U.S.
billion project spanning 216 miles, designed to enhance naturalgas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. Bcf/d capacity project.
Visit the blog to explore the full interactive dashboard These interactive presentations contain the latest gas (and a little oil). This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.
DT Midstream (NYSE: DTM) is charging into the future with a bold, self-funded investment plan designed to meet surging demand from LNG exports, naturalgas-fired power plants, and even data centers. Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3
As temperatures dropped, oil field equipment froze, wells were shut in, and the naturalgas needed to generate electricity crashed as the demand for power sky rocketed. Luminant Energy Co. Kinder Morgan is a naturalgas pipeline that purchases, sells, and transports gas. BCF on February 17, 2021.
Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest oil & gas production data. This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Heres a breakdown of how Energy Transfer is positioning itself for sustained growth and profitability in the evolving energy market.
The midstream energy sector is undergoing a transformative shift. This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, naturalgas, and naturalgas liquids (NGLs) production is growing rapidly. ” Energy Transfer (ET) Who Are the Key Players?
The United States has emerged as a global leader in energy supply, thanks to its innovative “Wellhead to Water” strategy. By enhancing efficiency and optimizing margins, companies like Enterprise Products Partners, Energy Transfer, Phillips 66, and ONEOK are securing their market positions.
Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest gas (and a little oil). This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.
May 27, 2025 The Hugh Brinson Pipeline, a major naturalgas infrastructure project led by Energy Transfer LP , continues to move forward as key regulatory approvals are secured. Bcf/d of gas. Bcf/d based on demand. Bcf/d based on demand. Phase I : A 42-inch mainline capable of moving 1.5
Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. NaturalGas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. Bcf/d by 2026.
The rapid growth of naturalgas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.
NaturalGas & NGL Infrastructure Expansion ONEOK is expanding its naturalgas and NGL (naturalgas liquids) infrastructure in the Permian to capture growing production volumes. This move supports the companys growing gas gathering and processing footprint. Bcf/d in 2025.
Woodside Energys final investment decision (FID) on the $17.5 Bcf/d) of capacity is under contract U.S. billion Louisiana LNG terminal was a stunner. For one thing, only 1 million metric tons per annum (MMtpa) of the projects 16.5
North Americas LNG export capacity is set to triple by 2028, reaching nearly 25 bcf/d, with major projects like Golden Pass and Plaquemines leading the way. And now Albertas proven naturalgas reserves have been reassessed and increased nearly sixfold to 130 trillion cubic feet. That’s how light they are!
Devon Energy Corp. Bcf/d capacity, designed to move naturalgas from the Waha hub in the Permian Basin to Wharton, Texas , with additional delivery capabilities to Katy. Bcf/d Cash from operations: $1.94 has announced the sale of its 12.5% WhiteWater will retain operational control of the pipeline.
Operator Strategies and Market Outlook Expand Energy : Following its merger with Southwestern Energy, Expand Energy has enhanced its operational efficiency in the Haynesville. Despite these gains, Expand remains cautious about expanding into the far western Haynesville due to current gas prices.
The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, naturalgas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. MMBtu UP $0.32
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