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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 natural gas production reached 107 Bcf per day (Bcf/d) at the end of 2019 (Figure 12, green dot). Bcf/d year-2020 low (green line). It then declined with the recession to a 99.5

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Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed

Rextag

The energy industry is playing catch-up, said Nigel Gorbold, Vice President of Commercial and Consulting at East Daley Analytics, during the Hart Energy A&D Strategies and Opportunities conference on Oct. 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.

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SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

For SEC-compliant reserve reports, third party consulting firms are required to follow SEC reporting guidelines, which should include a strong focus on proved undeveloped (PUD) drill timing, capital availability and intent to drill. Moving an expired 5 BCF PUD 100 feet to a new location, and disguising it with a new well name, is a violation.