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EIA: Gas storage capacity increased in 2024 in U.S., declined in South Central

Permian Basin Oil and Gas Magazine

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. declined in South Central appeared first on Permian Basin Oil and Gas Magazine. declined in South Central appeared first on Permian Basin Oil and Gas Magazine.

BCF
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First-half 2025 natural gas price volatility down in US

Oil & Gas Journal

7, 2025, reaching a low of 1,698 bcf. From late April through June, net injections into storage were particularly robust, surpassing 100 bcf/week the week of April 25 for the first time in 2025, according to EIA’s Weekly Natural Gas Storage Report. Natural gas inventories continued to decline through the week ending Mar.

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The Rising Stature of Gas

Permian Basin Oil and Gas Magazine

In theory, he said, there is exactly enough capacity for the current production levels, both of which are pegged at 21 billion cubic feet per day (Bcf/d). Where it gets interesting is that 21 Bcf/d of takeaway capacity is when everything’s working great—and in the pipeline world, everything doesn’t work great every single day.”

Gas
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Tallgrass announces anchor shipper agreement for new pipeline from Permian

Permian Basin Oil and Gas Magazine

Bcf of natural gas transportation with the ultimate capacity to be determined depending on the level of shipper commitments from the open season. The post Tallgrass announces anchor shipper agreement for new pipeline from Permian appeared first on Permian Basin Oil and Gas Magazine. Target in-service date is late 2028.

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ExxonMobil suministrará 250 mil toneladas de amoniaco bajo en carbono a Marubeni

Oil & Gas Magazine

Se espera que la planta produzca hasta mil millones de pies cbicos (bcf) diarios de hidrgeno bajo en carbono, prcticamente libre de carbono, y ms de un milln de toneladas de amonaco bajo en carbono al ao. Adems, tambin se acord adquirir una participacin accionaria en la planta de hidrgeno y amonaco bajo en carbono de ExxonMobil.

BCF
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New Era Helium

Permian Basin Oil and Gas Magazine

billion cubic feet (BCF)of proved and probable helium, with $113 million in committed sales via 10-year contracts. The post New Era Helium appeared first on Permian Basin Oil and Gas Magazine. New Era Heliums 137,000-acre Pecos Slope Gas Field in Southeast New Mexico is central to its helium and energy strategy.

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Pounding the Table on PR and CTRA

Permian Basin Oil and Gas Magazine

LNG exports are projected to grow by over 2 Bcf/d in both 2025 and 2026. The post Pounding the Table on PR and CTRA appeared first on Permian Basin Oil and Gas Magazine. natural gas demand alone is estimated to grow by over a billion MMBtu in 2025.