Watch for Falling Gas DUCs: E&Ps Resume Completions at $4 Gas
Drilled but uncompleted (DUC) gas wells that totaled some 500 into September 2024 have declined to just under 400, according to a J.P. Morgan Securities analysis of Enverus data.
Huddleston: Haynesville E&P Aethon Ready for LNG, AI and Even an IPO
Gordon Huddleston, president and partner of Aethon Energy, talks about well costs in the western Haynesville, prepping for LNG and AI power demand and the company’s readiness for an IPO— if the conditions are right.
Aethon Dishes on Western Haynesville Costs as Gas Output Roars On
Aethon Energy’s western Haynesville gas wells produced nearly 34 Bcf in the first 11 months of 2024, according to the latest Texas Railroad Commission data.
Winter Storm Snarls Gulf Coast LNG Traffic, Boosts NatGas Use
A winter storm along the Gulf Coast had ERCOT under strain and ports waiting out freezing temperatures before reopening.
Enverus: M&A Set to Cool with Smaller Deals, Higher Breakevens
With fewer acquisition targets, Enverus Intelligence Research said the quality of acquired inventory is declining, with breakevens averaging $50/bbl in 2024 versus $45/bbl in 2022 and 2023.
Bernstein Expects $5/Mcf Through 2026 in ‘Coming US Gas Super-Cycle’
Bernstein Research’s team expects U.S. gas demand will grow from some 120 Bcf/d currently to 150 Bcf/d into 2030 as new AI data centers and LNG export trains come online.
Formentera Joins EOG in Wildcatting South Texas’ Oily Pearsall Pay
Known in the past as a “heartbreak shale,” Formentera Partners is counting on bigger completions and longer laterals to crack the Pearsall code, Managing Partner Bryan Sheffield said. EOG Resources is also exploring the shale.
Pickering Prognosticates 2025 Political Winds and Shale M&A
For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
Pioneer Energy’s Tech Offers More Pad Throughput, Fewer Emissions
Pioneer Energy’s Emission Control Treater technology reduces emissions and can boost a well’s crude yield by 5% to10%, executives say.
Shale Outlook: Power Demand Drives Lower 48 Midstream Expansions
Rising electrical demand may finally push natural gas demand to catch up with production.