Natural Gas Inventories as of February 23, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 96 Bcf as of February 23, 2024. Working gas in storage was 2,374 Bcf as of Friday, February 23, 2024, according to EIA estimates. This represents a net decrease of 96 Bcf from the previous week. Stocks were
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 5 over last week, resulting in a total count of 626 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 231 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash,
Natural Gas Inventories as of February 16, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 60 Bcf as of February 16, 2024. Working gas in storage was 2,470 Bcf as of Friday, February 16, 2024, according to EIA estimates. This represents a net decrease of 60 Bcf from the previous week. Stocks were
Oil and Gas 360 CO2 Debates: Steering the Course to a Low-Carbon Economy with Efficient CO2 Transportation As the world grapples with the escalating climate crisis, the urgent need to transition to a low-carbon economy has never been more pronounced. Central to this transition is the role of CO2 transportation, a topic that will take centre stage at the upcoming
Natural Gas Inventories as of February 9, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 49 Bcf as of February 9, 2024. Working gas in storage was 2,535 Bcf as of Friday, February 9, 2024, according to EIA estimates. This represents a net decrease of 49 Bcf from the previous week. Stocks were
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 4 over last week, resulting in a total count of 623 rigs. Canada had no change over last week, resulting in a total Canadian count of 232 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash, the Haynesville,
World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is in talks to acquire Calgary-based driller Enerplus Corp., Reuters reported. The companies have not come to an agreement, Reuters said, citing anonymous sources. It comes on the heels of a string of recent megadeals in the U.S. oil patch as companies push to line up
Natural Gas Inventories as of February 2, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 75 Bcf as of February 2, 2024. Working gas in storage was 2,584 Bcf as of Friday, February 2, 2024, according to EIA estimates. This represents a net decrease of 75 Bcf from the previous week. Stocks were
Natural Gas Inventories as of January 26, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 197 Bcf as of January 26, 2024. Working gas in storage was 2,659 Bcf as of Friday, January 26, 2024, according to EIA estimates. This represents a net decrease of 197 Bcf from the previous week. Stocks were
World Oil (Bloomberg) – Venezuelan oil production at a four-year high is expected to decline quickly if the US follows through on threats to reinstate sanctions on the nation. The Biden administration on Tuesday said sanctions relief to Venezuela’s oil and gas sector will be allowed to expire on April 18, unless the government holds free and fair presidential elections.
Oil Price North Dakota’s production of crude oil is returning to full force at a quicker pace than first suggested by authorities, new data from the state’s regulator showed on Friday. Crude oil production in the Peace Garden State is now down by between 30,000 and 80,000 bpd after extreme cold led to operational challenges. Associated natural gas production—the natural
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 621 rigs. Canada had a decrease of 7 over last week, resulting in a total Canadian count of 230 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford,
