Patrick
McGee
Hart Energy
IEA: Permian, Bakken, Eagle Ford Hit Record NGL Production
The U.S. and Canada were the biggest drivers of non-OPEC+ supply with the Permian Basin, Eagle Ford Shale and the Bakken drove U.S. NGL production to a record high in April, the IEA said.
US LNG Project Approvals on Track for Record New Volumes
U.S. LNG developers are on track to approve three export projects capable of processing 5.1 Bcf/d of gas in the first half of the year, a record volume for new LNG projects in any year.
Waves of North American Gas Infrastructure Needed for Supplies and LNG
Long-haul pipe coming on this year and next will meet current needs, but a new wave of LNG export terminals will require significant further investment.
Kimbell Royalty Partners Closes Permian Acquisition, Boosts Production Guidance
Kimbell Royalty Partners is growing its oil weighting and full-year production guidance after acquiring more mineral and royalty interests in the Permian Basin.
Antero Deepens Marcellus Inventory, Acreage in A&D Moves
Antero Resources about 12,000 net acres and more than 50 equivalent incremental drilling locations in the Marcellus at an average cost of $1 million per location.
Range Resources Flexing NGL Optionality as Nat Gas Prices Remain Low
As natural gas producers continue to face pressure from low prices, Range Resources is tapping its liquids-rich position in Appalachia and keeping production flat.
EQT’s Q4 Earnings Up, But Natural Gas Price Volatility Clouds Forecast
Earnings per share rose to 42 cents in the fourth quarter of 2022 for natural gas producer EQT Corp.
Plains All American Expects Strong Permian Crude Growth
Pipeline giant Plains All American forecasts a Permian crude production uptick of 500,000 bbl/d for 2023.
TotalEnergies Enters New Oman LNG Contact, Begins Onshore Production
TotalEnergies hopes its operations in Oman will contribute to the energy transition.
Analysts: Natural Gas Prices to Slump Through Late 2024
Until a slew of LNG export terminals come online, gas production will be high and prices will be low, East Daley says in its annual report.