Andrew Baker

Oil production at Mexico’s Ku-Maloob-Zaap (KMZ) offshore megafield continued to plunge in July, one of numerous headaches afflicting state oil company Petróleos Mexicanos (Pemex), according to the International Energy Agency (IEA). Mexico’s crude and condensate production dipped by 9,000 b/d in July versus June to 1.65 million b/d as freefalling production at KMZ “more than…

Enbridge Inc. said Tuesday it has launched construction on a 2.25 MW solar photovoltaic project that will power the company’s Lambertville compressor station in New Jersey. The project marks the first time that an interstate natural gas pipeline in North America will use solar energy to power a compressor station, the company said. Calgary-based Enbridge…

Northern Oil and Gas Inc., which up to now has kept its focus on the Williston Basin, said it has acquired a working interest in Permian Basin acreage operated by EOG Resources Inc. On the deal, Northern revised higher its third quarter production guidance to 25,000-30,000 boe/d. Minnetonka, MN-based Northern said it expects production from…

Mexico boasts more attractive economics, and in some ways, a more attractive regulatory climate for liquefied natural gas (LNG) export projects than the U.S. Gulf Coast, according to Mexico Pacific Limited LLC’s (MPL) Sarah Bairstow, chief commercial officer. MPL is developing an LNG liquefaction project on Mexico’s Pacific coast in Puerto Libertad, Sonora state, which…

Mexico boasts more attractive economics, and in some ways, a more attractive regulatory climate for liquefied natural gas (LNG) export projects than the U.S. Gulf Coast, according to Mexico Pacific Limited LLC’s (MPL) Sarah Bairstow, chief commercial officer. MPL is developing an LNG liquefaction project on Mexico’s Pacific coast in Puerto Libertad, Sonora state, which…

Mexico state-owned power company Comisión Federal de Electricidad (CFE) is implementing an “aggressive policy” to monetize its excess natural gas transport capacity on each side of the U.S.-Mexico border, according to the head of the two natural gas marketing units. Subsidiary CFE International is the 14th largest natural gas marketer by volume in North America,…

Mexico’s authorities and state-owned energy companies must coordinate to make more firm natural gas pipeline capacity available for the electric power and industrial segments, according to panelists at the 6th Mexico Gas Summit organized by Industry Exchange LLC. Natural gas accounts for about 65% of Mexico’s power generation, said Francisco Xavier Salazar, founding partner of…

The average spot basis at many natural gas trading hubs in the United States narrowed during the first half of 2020 (1H2020) versus the same period last year, the Energy Information Administration (EIA) said Tuesday, citing NGI data. Basis refers to the difference between the natural gas price at a given hub and the Henry…

The U.S. Forest Service (USFS) is proposing to streamline the approval process for oil and natural gas development in national forests and grasslands. The proposed rule, issued on Tuesday, is posted in the Federal Register and available for public comment until Nov. 2. The overhaul, part of a larger mandate by the Trump administration to…