Monday, June 2, 2025
The U.S. Geological Survey has confirmed that four low-magnitude earthquakes have taken place over the past two weeks in the Eagle Ford Shale of South Texas. Oil & Gas 360

USGS Now Estimates 8.5 Billion Barrels of Oil, 66 Tcf of NatGas in the Eagle Ford

Also 1.9 billion barrels of natural gas liquids  The United States Geological Survey has released a new assessment upping its estimate of the volumes of hydrocarbons in the Eagle Ford Group of Texas. The USGS said the formation contains an estimated means of 8.5 billion barrels of oil, 66 trillion cubic feet of natural gas, and 1.9 billion barrels of

Wind is Getting Big, but How Big?

In Texas wind is big: it’s in the top two states for wind power plants Electricity generation from wind in the United States has increased from about 6 billion kilowatthours (kWh) in 2000 to about 254 billion kWh in 2017, according to the EIA. That means wind power in the U.S. increased by a factor of 42 in 17 years.

SemGroup and DCP Midstream Extend Open Season

SemGroup® Corporation (NYSE:SEMG) and DCP Midstream, LP (NYSE:DCP) today announced that, due to shipper interest, they have extended by one week the binding open season for natural gas liquids (NGL) transportation service from the DJ Basin to Mont Belvieu, Texas. The transportation capacity is available via a soon-to-be converted portion of White Cliffs Pipeline and Southern Hills Pipeline, connecting Weld

LNG Ltd. Gets Tied Up in Trump Trade Dispute

From Bloomberg The Trump administration’s trade dispute with China is delaying one U.S. company’s bid to sign long-term natural gas export deals. While liquefied natural gas is excluded from the trade tariffs imposed in recent weeks, buyers are waiting to see whether the power-plant and heating fuel will be roped into the spat, said Greg Vesey, chief executive officer of

Trafigura Strikes 3-Year LNG Deal with Freeport LNG

Reuters LONDON, June 26 (Reuters) – Commodity trader Trafigura on Tuesday said it agreed to buy 0.5 million tonnes of liquefied natural gas (LNG) annually over three years from the Freeport LNG export plant in the United States. Deliveries from Freeport LNG Marketing will begin in 2020 from its facility on Quintana Island near Freeport, Texas, Trafigura said. The deal