Post Tagged with: "natural gas production"

Source: Reuters

U.S. natgas output, demand to fall in 2020 from peaks due to coronavirus: EIA


U.S. natural gas production and demand will drop in 2020 from record highs last year as coronavirus lockdowns cut economic activity and energy prices, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on …

Source: CNBC

Natural gas is one of the few trades that hasn’t worked on Wall Street, down 50% in 12 months


Pretty much every trade has worked on Wall Street this year except one: natural gas.

Futures prices fell to a one-month low on Friday after plunging more than 12% for the week. The commodity is currently trading around $2.34 …

December 3, 2019 - 1:00 pm Closing Bell Story‎, Energy News, Natural Gas News
Natural Gas Production Shows Highest One-Year Increase Since 1973

Natural Gas Production Shows Highest One-Year Increase Since 1973

May power generation deliveries rose more than 20% 

U.S. net exporter of NatGas: 3 billion cubic feet per day of LNG shipped to 15 countries in May

May 2018 marked a noticeable increase in dry natural gas production in the …

Oil Production in the Permian Will Double From 2017-2023 – IHS

Oil Production in the Permian Will Double From 2017-2023 – IHS

EIA forecasts 11.8 MMBOPD for total U.S. oil production in 2019

A new IHS Markit outlook released today expects the Permian Basin’s crude oil production to more than double its 2017 record of 2.5 MMb/d to 5.4 MMb/d by 2023.…

Producers Getting More with Less Nationwide – EIA

Producers Getting More with Less Nationwide – EIA

Even as overall production declines, new-well production is up

With just two exceptions, every major play tracked in the Energy Information Administration’s (EIA) Drilling Productivity Report (DPR) for August is showing lower month-over-month production, but the EIA anticipates greater production …

Data: American Petroleum Institute Graph: OAG360

Texas Produces More Natural Gas than any OPEC Country

Texas crude oil production beats all but OPEC’s three largest producers

Information from the American Petroleum Institute (API) shows that Texas produces more dry natural gas than any OPEC nation. On a global scale, the only country that beat dry …

June 5, 2015 - 5:31 pm Chart of Week, Oil and Gas 360 Articles
Oil prices turned firmly lower during midday trading on Tuesday. Crude futures were little changed earlier in the session, depressed by a report of record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week. Oil & Gas 360

Bellatrix Exploration Announces $118 Million Acquisition

Increases 2015 Production Guidance                        

Bellatrix Exploration Ltd. (ticker: BXE) announced this morning that it has completed the acquisition of assets within its core Alder Flats area of west central Alberta (greater Ferrier region) from an unidentified oil and gas producer …