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Weekly Gas Storage: Inventories decrease by 80 Bcf

Oil & Gas 360ยบ

Natural Gas Inventories as of February 28, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 80 Bcf as of February 28, 2025. Working gas in storage was 1,760 Bcf as of Friday, Februrary 28, 2025, according to EIA estimates. Midwest 396 424 -28 -28 582 -32.0

BCF 130
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Like a Black Friday Sale: U.S. Winter Power Prices Fall as Natural Gas Inventories Hit Eight-Year High

Rextag

Key Numbers to Watch Natural Gas Storage: 3,922 Bcf (6% above five-year average). 2024 Gas Injections: 1,640 Bcf (21% below five-year average). Winter Gas Withdrawals Forecast: 1,957 Bcf. finished the 2024 natural gas injection season with 3,922 billion cubic feet (Bcf) of gas in storage.

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ONEOKโ€™s Expanding Footprint in the Permian Basin

Oil Gas Leads

The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Bcf/d in 2025. LNG exports , which are expected to increase from 16 Bcf/d today to nearly 30 Bcf/d in the coming years. ONEOK expects higher ethane recovery rates , further increasing the volumes transported.

Basin 52
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FROM KATY TO THE COAST: WILL KINDER MORGANโ€™S $1.7B TRIDENT PIPELINE MAKE NATURAL GAS MORE RELIABLE?

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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 connecting the Permian Basin to the Agua Dulce hub. Bcf/d Matterhorn Express pipeline, which achieved record-breaking capacity fill rates in the Permian Basin.

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Permian Basin Gas Production Pushes Limits โ€“ Infrastructure Expansion Needed

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Permian Basin production has grown dramatically, surpassing 10 billion cubic feet per day (Bcf/d) in 2018 and more than doubling to 21 Bcf/d by 2022, according to the U.S. Bcf/d of natural gas from the Permian to Katy, Texas. Bcf/d of capacity, and East Daley predicts it will be full by mid-2025.

Basin 40
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From Wellhead to Water: How Midstream Companies Are Shaping the Future of Energy Exports

Oil Gas Leads

We’ve seen 10 Bcf of growth over the last four or five years out of that basin. has added 16 Bcf/d of LNG export capacity , expected to reach 30 Bcf/d soon. The project will expand our NGL export capacity and remains on schedule for an anticipated in-service for ethane and propane in mid-2025.”

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

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Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. Bcf/d of takeaway capacity. 2025 Forecast Projected Crude Oil Output: 6.6 We analyze major U.S.

Basin 40