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Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

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.

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Tellurian Upstream Sale: On To Greener Pastures

Novi

Aethon has agreed to purchase Tellurians upstream assets for (US) $260MM below street estimates, which ranged from $270MM to $500MM. Despite the market’s dislike of the purchase price, Tellurians upstream assets were in the middle of the pack. Bcf/d after dropping from ~15 Bcf/d down to only 12.9 Bcf/d in Q1/24.

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Natural Gas Safeguards Energy System Through Winter Storms 

American Gas Association

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.

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🚀 Powering the North American LNG Boom with Smarter Pipeline Solutions. 🚀

OilPro

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. With LNG exports projected to exceed 30 bcf/d by 2030, now is the time to adopt smarter pipeline solutions. Check our full benefits and uses by clicking here.

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Haynesville Shale YoY Surge: Well Permits Up 11% in Early 2025—Operators Stay Bullish

Oil Gas Leads

The company has expanded its footprint by acquiring Tellurian’s upstream and midstream Haynesville assets, adding approximately 31,000 net acres and increasing its gathering and treating capacity to over 3 Bcf/d.

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% The unscheduled maintenance is on the larger of the two units located in Mississippi at Tennessee Carnes Interconnect, upstream of FGT Compressor Station. Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Bcf/d of takeaway capacity. Bcf/d , reflecting the impact of expanded takeaway capacity and rising demand for LNG exports. Bcf/d (highest on record). upstream oil and gas sector totaled $105 billion in 2024, making it the third-highest annual total in history. 2025 Forecast Projected Crude Oil Output: 6.6 MMBbl/d , a 0.3

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