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Over 10 Bcf/d of new takeaway has come on in the past 18 months from five new pipelines and 17 new or expanded lines are under construction or planned. So, how many more Bcfs can possibly exit this basin, and when? Is the buildout done, or just taking a break? Two midstream experts weigh in.
- Donald R. Raikes, senior vice president of the gas transmission operations gas infrastructure group at Dominion Energy; and
- Greg Haas, director of integrated oil and gas at Stratas Advisors.
2023-12-16 - Oklahoma-based Unit Corp. sold non-core oil and gas assets in the Texas Panhandle for cash proceeds of $50 million.
2024-01-11 - Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion merger to serve more domestic customers and access growing global LNG demand.
2023-12-27 - Williams purchase of 115 Bcf of natural gas storage capacity from Hartree Partners ties in with LNG terminals and comes as demand for natural gas has grown by 56% while gas storage capacity has increased by only 12%.
2024-01-02 - Tokyo Gas subsidiary TG Natural Resources purchased Quantum Energy-backed Rockcliff Energy, quadrupling its gas and NGL volumes.
2024-01-09 - Low natural gas prices are driving producers such as Chesapeake and Southwestern to seek large ‘strategic’ deals at a time when large-scale consolidation is coming under increased scrutiny by lawmakers and regulators.