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Jamison Cocklin

Jamison Cocklin joined the staff of NGI in November 2013. Prior to that he worked as business and energy reporter at the Youngstown Vindicator, covering the regional economy and the Utica Shale play. He also served as a city reporter at the Bangor Daily News and did freelance work for the Associated Press. He has a bachelor's degree in journalism and political science from the University of Maine.

Cheniere Swings to Profit on Steep LNG Cargo Cancellation Revenues

Cheniere Swings to Profit on Steep LNG Cargo Cancellation Revenues

Cheniere Energy Inc. reported a big boost from customers that elected to cancel liquefied natural gas (LNG) cargoes in the second quarter, earning $708 million in fixed fees from those opting out of lifting scheduled volumes.  In the first quarter, the Houston operator earned $53 million in revenue associated with canceled cargoes. The 2Q2020 revenue…

August 6, 2020
Gulfport Keeping Utica Natural Gas Curtailed to Await Better Prices

Gulfport Keeping Utica Natural Gas Curtailed to Await Better Prices

Gulfport Energy Corp. is still curtailing Appalachian natural gas production in anticipation of better prices later this year and into 2021.  Given an uncertain economic outlook, weak energy demand and a slight rebound in associated gas volumes, Gulfport remains “cautious near-term on natural gas pricing,” said CEO David Wood during a call to discuss second…

August 6, 2020
LNG Recap: Henry Hub Leads Global Gas Benchmarks Higher

LNG Recap: Henry Hub Leads Global Gas Benchmarks Higher

U.S. natural gas prices have surged this week, breaking out of a narrow trading range with the largest single-day increase in more than 18 months and pushing up other benchmarks across the world. A day after Henry Hub jumped 30 cents to finish at $2.10, the September contract gained another 9.2 cents to finish at…

August 5, 2020
Range Exiting North Louisiana in $335M Deal After Assets Fail to Perform

Range Exiting North Louisiana in $335M Deal After Assets Fail to Perform

Range Resources Corp. has announced a deal to divest its Cotton Valley Sands Terryville Complex assets in North Louisiana, reaching an agreement with Castleton Resources LLC for up to $335 million.  The deal comes at a low point in the commodity cycle, considering that Range took on the assets in 2016 with the $4.4 billion…

August 4, 2020
Southwestern Focused on Dry Natural Gas Production as Prices Seen Increasing

Southwestern Focused on Dry Natural Gas Production as Prices Seen Increasing

Southwestern Energy Co. shifted toward producing more dry natural gas in the second quarter as it anticipates a rebound in prices as the winter nears.  The company had been focused on the wet gas window in West Virginia, but shifted more rigs to Northeast Pennsylvania with planned well counts now divided equally between the two…

August 3, 2020
New Fortress Sees LNG Sales Increasing as Operations Ramp Through Year’s End

New Fortress Sees LNG Sales Increasing as Operations Ramp Through Year’s End

New Fortress Energy LLC said Monday that the Covid-19 pandemic did not slow its growth during the second quarter as the company continued to bring new operations online. Year/year revenue increased to $94.6 million from $39.8 million as NFE went from “a company in development to an operating business,” said CEO Wes Edens.  The company…

August 3, 2020
Appalachian Stalwart Cabot Sees Natural Gas Outlook Improving as Winter Nears

Appalachian Stalwart Cabot Sees Natural Gas Outlook Improving as Winter Nears

Cabot Oil & Gas Corp. is cautiously optimistic that the natural gas market will improve as winter draws nearer, following a second quarter in which it weathered the ongoing downturn.  “We anticipate that the improving demand outlook for natural gas, in conjunction with accelerated structural declines in supply resulting from significant activity cuts across all…

July 31, 2020
Stung by Steep 2Q Decline in Commodity Prices, Total Sees More Volatility Ahead

Stung by Steep 2Q Decline in Commodity Prices, Total Sees More Volatility Ahead

Total SE recorded a big loss in the second quarter and took an $8.1 billion impairment as oil, natural gas and liquefied natural gas (LNG) prices all declined precipitously and the global economy reeled from the Covid-19 pandemic. An oil market crisis, historically low natural gas prices and the economic slowdown in Europe decreased petroleum…

July 31, 2020
Antero, CNX Sticking to Appalachian Plans as Little Seen Changing for Natural Gas Prices in 2020

Antero, CNX Sticking to Appalachian Plans as Little Seen Changing for Natural Gas Prices in 2020

Appalachian pure-plays Antero Resources Corp. and CNX Resources Corp. said Thursday their activity would remain subdued through most of the year as they work to implement plans crafted  by Covid-19’s impacts on energy markets.  CNX, which announced both liquids and dry gas production shut-ins in April in response to low commodity prices, has yet to…

July 31, 2020
Tokyo Gas Raising Stake in Haynesville-Focused Castleton Resources

Tokyo Gas Raising Stake in Haynesville-Focused Castleton Resources

Tokyo Gas Co. Ltd. said Wednesday it is increasing its stake in Haynesville Shale producer Castleton Resources LLC to expand its portfolio in North America.  Through a subsidiary, Tokyo Gas agreed to boost its ownership interest to 70% from 46% for an undisclosed amount. Castleton, a natural gas-focused operator with assets in East Texas that…

July 29, 2020
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