Tuesday, September 2, 2025

U.S. Gas Production, Consumption Hits Record in 2015

The market for natural gas continues to grow as the U.S. currently produces and consumes more gas than ever before, according to EIA’s 2015 Natural Gas Annual. Prices for consumers continue to decline, although residential pricing for heating remains highest in the Eastern United States. Net imports also continue to decline as the country starts to export more natural gas

Oil & Gas 360

Brent Crude Breaks Above $50 On Hopes of OPEC Deal

U.S. crude benchmark WTI trades above $48.50 Crude oil prices are up today, as the markets remain hopeful that OPEC will come to an agreement and limit its production during its next official meeting in November. Brent, the global benchmark, gained 1.4% to $50.89 per barrel, its largest daily gains since September 8, and its highest settlement since August 18.

Samson Oil & Gas Ltd. Makes a Conventional Transformation: Download EnerCom Catalyst Report on SSN

If all investors read are the headlines, they might believe that the only oil and gas investment opportunities existing today are in the Permian Basin, specifically the horizontal Wolfcamp plays in the Delaware Basin region. But that’s not the case. If that were the case, investors would be missing out on ideas with relatively low risk, but high potential. One of those ideas is

Offshore

Noble Energy and Delek Sign 15-Year Natural Gas Contract Worth $10 Billion

The Leviathan field partners agreed to supply up to 45 Bcm of natural gas to Jordan Houston-based Noble Energy (ticker: NE) announced last week that it has reached an agreement with the National Electric Power Company of Jordan (NEPCO) to supply natural gas from the Leviathan field. Leviathan is Israel’s largest gas field. The field is being jointly developed by