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Andrew Baker

Andrew joined NGI in 2018 to support coverage of Mexico’s newly liberalized oil and gas sector, and his role has since expanded to include the rest of North America. Before joining NGI, Andrew covered Latin America’s hydrocarbon and electric power industries from 2014 to 2018 for Business News Americas in Santiago, Chile. He speaks fluent Spanish, and holds a B.A. in journalism and mass communications from the University of Minnesota.

Mexico Natural Gas Prices, Transacted Volumes Down Y/Y in November–Bonus Coverage

Mexico’s IPGN monthly natural gas price index averaged $3.15/MMBtu in November, down from $4.60/MMBtu during the same month a year ago.

December 27, 2019

Mexico Natural Gas Prices, Transacted Volumes Down Y/Y in November

Mexico’s IPGN monthly natural gas price index averaged $3.15/MMBtu in November, down from $4.60/MMBtu during the same month a year ago.

December 26, 2019

Burgos Basin Contract Leading Private Sector Gas Output Growth in Mexico

Mexico’s natural gas production averaged 3.95 Bcf/d in November, up from 3.65 Bcf/d in the same month a year ago, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH).

December 23, 2019

Fracking Ban Could Send Natural Gas Prices Soaring, Cause ‘Catastrophic Impact,’ Says Chamber

A ban on hydraulic fracturing (fracking), which some Democratic presidential candidates have pledged to implement, would be “catastrophic” for the U.S. economy, according to a new report by the Global Energy Institute, a think tank backed by the U.S. Chamber of Commerce.

December 20, 2019

Consultancy Sees U.S. Upstream Sector Spending $174B for Water Management Through 2028

Spending by oil and gas companies on water management for hydraulic fracturing (fracking) in the United States is expected to total $174 billion and average $17 billion annually from 2019-2028, according to a new report from Bluefield Research.

December 19, 2019

WaterBridge Secures $345mn to Expand Permian Produced Water Footprint

WaterBridge Holdings LLC has secured $345 million of equity capital to fund the acquisition of produced water infrastructure from three oil and gas producers in the Permian Basin’s Delaware sub-basin, the firm announced Wednesday.

December 19, 2019

Stabilis Sees Mexico Small-Scale LNG Demand Reaching 248 MMcf/d

Stabilis Energy LLC believes that Mexico’s small-scale liquefied natural gas (LNG) market could reach 3 million gallons/day (equal to about 248 MMcf) over the next five to 10 years, CEO Jim Reddinger said Wednesday during a conference call with investors.

December 18, 2019

Kinder Morgan Sees Natural Gas Shale, LNG Export Demand Driving Pipeline Expansions

Kinder Morgan Inc. (KMI) expects shale and tight natural gas production growth, combined with rising demand for exports, to underpin expansions of its North America gas pipeline network over the coming years, CEO Steven Kean said last week.

December 17, 2019

Phillips 66 Earmarks $3.3B Capex for 2020, Targeting Pipelines, NGL Fractionation

Phillips 66 has set its consolidated 2020 capital budget at $3.34 billion, comprising $2.15 billion of growth capital and $1.19 billion of sustaining capital, the company said last week.

December 17, 2019

LNG, Mexico Exports Driving Kinder Morgan’s $2.8B Project Backlog

Liquefied natural gas (LNG) exports to the global market and pipeline exports to Mexico are the main forces behind Kinder Morgan Inc.’s (KMI) $2.8 billion backlog of natural gas projects in North America, CEO Steven Kean said last Wednesday.

December 16, 2019