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Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line). lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). Bcf/d year-2020 low (green line). Energy Information Administration data) U.S.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. 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.

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EIA Report – Product Prices and Pipeline News

The Energy Law Blog

Crude oil recorded yet another record high, increasing over $4 per barrel to nearly $80. Natural Gas in Storage 3,069 Bcf UP 64 Bcf 9.3% Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $6.13/MMBtu MMBtu UP $0.32 West Texas Intermediate Spot $79.85/Bbl

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law Blog

Crude oil was up over $2 per barrel. Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu

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Energy Transfer: Capitalizing on Permian Growth and Expanding Global Energy Exports

Oil Gas Leads

Weve seen 10 Bcf of growth over the last four or five years out of the Permian. Bcf/d from Waha, TX, to Maypearl, TX. Bcf/d capacity) expected online by late 2026. Bcf/d) under consideration. Marcus Hook Terminal Expansion Adding a 900,000-barrel refrigerated ethane storage tank. Phase 1 (1.5

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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. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. WTI (West Texas Intermediate) Price: Averaged $76 per barrel throughout 2024.

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A Look Back on 2024

Energy Transfer

Bcf/d, and two additional processing plants that are under construction. The joint venture operates more than 5,000 miles of crude oil and water gathering pipelines with crude oil storage capacity in excess of 11 million barrels.