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(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working naturalgas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line).
News True Blue Blog Where energy conversations come to life. Naturalgas has been pivotal to keeping millions of Americans safely and affordably warm throughout these winter storms. Typically, the colder it is, the more naturalgas America requires.
is entering the cold season with the largest naturalgas storage inventories since 2016, putting downward pressure on power forward prices across much of the country. Key Numbers to Watch NaturalGas Storage: 3,922 Bcf (6% above five-year average). 2024 Gas Injections: 1,640 Bcf (21% below five-year average).
Visit the blog to explore the full interactive dashboard These interactive presentations contain the latest gas (and a little oil). This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.
billion project spanning 216 miles, designed to enhance naturalgas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. 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.
The midstream energy sector is undergoing a transformative shift. This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, naturalgas, and naturalgas liquids (NGLs) production is growing rapidly. ” Energy Transfer (ET) Who Are the Key Players?
Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest oil & gas production data. This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.
Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest gas (and a little oil). This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards.
NaturalGas & NGL Infrastructure Expansion ONEOK is expanding its naturalgas and NGL (naturalgas liquids) infrastructure in the Permian to capture growing production volumes. This move supports the companys growing gas gathering and processing footprint. Bcf/d in 2025.
The rapid growth of naturalgas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.
The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, naturalgas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. MMBtu UP $0.32
Since Wednesday, August 15, all prices reported in the weekly chart (for both naturalgas and crude oil) have decreased as Hurricane Dean failed to have a significant impact on domestic production in the Gulf of Mexico, and temperatures moderated demand. Naturalgas volumes in storage continue to increase.
Since Wednesday, August 29, naturalgas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change NaturalGas Spot (Henry Hub) $5.81/MMBtu NaturalGas in Storage 3,005 Bcf UP 36 Bcf 10.4%
Hunter MMS has announced proposed amendments to its deep gas royalty relief regulations under the Energy Policy Act of 2005. The additional relief will only be available in years when the annual NYMEX naturalgas price is at or below $4.47/MMBtu By Jonathan A. MMBtu expressed in 2006 dollars.
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Heres a breakdown of how Energy Transfer is positioning itself for sustained growth and profitability in the evolving energy market.
Infrastructure and Market Adjustments Infrastructure limitations, particularly in naturalgas takeaway capacity, have been a key bottleneck for Permian growth in previous years. Bcf/d of takeaway capacity. NaturalGas Production: 25.8 marketed naturalgas production in 2025. energy mix.
It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. JANUARY Sunoco LP Acquired NuStar Energy L.P. billion, Sunoco , which is part of the Energy Transfer family, acquired NuStar L.P.
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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