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naturalgas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. EIA projected drygas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.9 bcfd in 2025 and 106.4
As a trusted naturalgas supplier, we’re often asked: What exactly does naturalgas do in a home? Naturalgas is one of the most efficient, reliable, and cost-effective energy sources available, and it plays a crucial role in everyday comfort and convenience for millions of households.
naturalgas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Thursday. EIA projected drygas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.3 bcfd in 2025 and 107.1
naturalgas output and demand will both peak in 2032, the Energy Information Administration (EIA) said in its Annual Energy Outlook (AEO) on Tuesday. The EIA projected that in 2032, drygas production will reach 119.0 billion cubic feet per day (bcfd) and demand will reach 92.4
The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for naturalgas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. energy producers, and more than 40,000 suppliers. Learn more at Enverus.com.
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. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S. shale development.
On November 6, Energy Transfer reported its financial results for the third quarter of 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea, and CFO Dylan Bramhall. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023. Energy Transfer reported net income of $1.18
As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associated gas. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices. Figure 2: Canadian bitumen, condensate and associated gas growth projections through 2030.
On February 11, Energy Transfer reported its financial results for the fourth quarter and year ended 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023.
E&Ps are increasingly moving out from the core producing acreage and exploring new frontiers, including the far western part of the dry-gas shale play. Wrangling gas from this prospect is challenging, with deeper, high-pressure reservoirs, temperatures up to 450F and wells drilled to extreme depths of up to 19,000 feet.
As the oil and gas industry continues to navigate commodity price volatility and evolving regulatory landscapes, the recent transfer of air permits from Sage Natural Resources LLC to EagleRidge Energy underscores a broader trend in the Barnett Shale: operational consolidation and strategic repositioning.
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.
Oil and gas is a complex landscape of processes, each playing a crucial role in ensuring the safe and efficient delivery of energy resources to homes and businesses worldwide. One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid.
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.
In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential.
Investors await monthly reports from the International Energy Agency and OPEC for demand and supply forecasts amid ongoing geopolitical tensions. Read more “Drill, baby, drill”: naturalgas producers eye a boom Summary : Rising U.S. naturalgas prices, up 160% in a year to $4.26 energy industry.
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