Christopher joined NGI as a Senior Editor for Mexico and Latin America in November, 2018. Prior to that, he was a Senior Editorial Manager at BNamericas in Santiago, Chile. Based out of Santiago, he has covered Latin American energy markets since 2009 as a reporter, editor and analyst. He has an MA in International Economic Policy from Columbia University and a BA in International Studies from Trinity College.
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Articles from Christopher Lenton
Comstock Targeting Haynesville Natural Gas Production Growth as Fundamentals Seen ‘Never Stronger’
Executives at Haynesville Shale-focused Comstock Resources Inc. said they expect 4-5% natural gas-weighted production growth in 2022. The plan for the year is still focused around capital discipline, with the aim to pay down $479 million in debt so the “leverage ratio is at 1.5 or less. We think we can get there in the…
February 16, 2022
BP, Equinor Pull Out of Mexico Deepwater Block
Mexican upstream regulator Comisión Nacional de Hidrocarburos (CNH) has given the green light for the local subsidiaries of European energy giants BP plc and Equinor ASA to pull out of their participation in a deepwater block offshore Veracruz and Tabasco states. The Mexico branch of France’s TotalEnergies SE will now assume control of the Salina…
February 15, 2022
Amid Challenges, Mexico Natural Gas Market Development Said Still Advancing
Despite regulatory issues and other hurdles, Mexico’s natural gas market continues to develop, industry participants said recently. Executives discussed the market outlook during Industry Exchange LLC’s 7th Mexico Infrastructure Projects Forum held last month in Monterrey, Nuevo León. “The market keeps developing. There are other markets that are a bit slower, like electricity. But gas…
February 3, 2022
Natural Gas February Contract Sees ‘Wild Expiration’ as Prices Rise Almost $2 – Mexico Spotlight
U.S. natural gas futures prices key to the Mexico market soared this week on the back of colder forecasts and rising geopolitical tension in Europe. On Thursday, the expiring February New York Mercantile Exchange gas futures contract went out with a bang. It surged briefly above $7.00/MMBtu before settling at $6.265, up almost $2.00 on…
January 27, 2022
Hess Ramping Up Bakken Production as Oil Demand, Prices Rise
U.S. independent Hess Corp. expects production from its Bakken Shale assets to grow 6-9% in 2022 to 165,000-170,000 boe/d. The New York-based producer is ramping up Bakken activity after adding a third rig last September. Previously it had slashed its rig count from six to one because of the coronavirus pandemic. A fourth rig could…
January 26, 2022
‘Volatility Here to Stay’ as Global Natural Gas Demand Gains Prominence – Mexico Spotlight
North America natural gas futures continued to be unpredictable this week as cold weather descended across the Lower 48, while demand for U.S. gas in Europe and Mexico continued to rise. The February Nymex gas futures contract lost 25.2 cents day/day on Wednesday and closed at $4.031/MMBtu. March fell 20.3 cents to $3.845. Upcoming bursts…
January 20, 2022
U.S. Energy Secretary Headed To Mexico Amid Tensions Over Proposed Electricity Reform
Mexican President Andrés Manuel López Obrador said during his daily press conference early Monday he planned to discuss his proposed constitutional electric power reform with U.S. Energy Secretary Jennifer Granholm during a scheduled trip to Mexico City this week. The dates Granholm was expected to be in the country had not been confirmed late Tuesday.…
January 18, 2022
Impending Cold Blast in Texas Spelling Natural Gas Volatility – Mexico Spotlight
With freezing weather on the horizon throughout much of the United States, including Texas, February natural gas prices at hubs key to Mexico shot up this week. The Henry Hub February contract closed at $4.857/MMBtu on Wednesday, up 60.8 cents on the day and more than $1 from one week ago. Agua Dulce was up…
January 13, 2022
Oil, Natural Gas Spending Across World to Increase This Year, Rystad Says
Global oil and gas investment is expected to grow by $26 billion this year as the industry continues to recover from the worst of the coronavirus, according to new analysis from Rystad Energy. Overall oil and gas investment is forecast to climb by 4% to $628 billion this year from $602 billion in 2021. “The…
January 12, 2022
Global Oil, Natural Gas Investments Seen Rising 4% in 2022
Global oil and gas investment is expected to grow by $26 billion this year as the industry continues to recover from the worst of the coronavirus, according to new analysis from Rystad Energy. Overall oil and gas investment is forecast to climb by 4% to $628 billion this year from $602 billion in 2021. “The…
January 11, 2022