Leticia Gonzales

After four solid weeks of steep increases, natural gas forward prices buckled during the trading period ending Tuesday as the start of the fall season ushered in cooler weather and a decline in gas demand. October prices plunged an average of 54.0 cents from Sept. 16-21, while November tumbled 55.0 cents on average, according to…

In an effort to reform the rules following Winter Storm Uri last February, the Railroad Commission of Texas (RRC) has proposed changes to designate critical natural gas infrastructure during energy emergencies. Proposed rule 3.65 specifies the process under which entities that provide natural gas would be designated as critical customers or gas suppliers during an…

Natural gas forward curves blew up for a fourth consecutive week during the trading period from Sept. 9-15 as lingering production outages continued to perpetuate supply concerns ahead of the peak winter season. October forward prices rallied by an average 47.0 cents, and November shot up 54.0 cents on average, according to NGI’s Forward Look.…

Natural gas forward curves blew up for a fourth consecutive week as lingering production outages continued to perpetuate supply concerns ahead of the peak winter season. October forward prices rallied by an average 47.0 cents, and November shot up 54.0 cents on average, according to NGI’s Forward Look. Gains were even more stout further out…

WaterBridge Holdings LLC is continuing to build on its extensive portfolio of produced water infrastructure in the Permian Basin. Backed by private equity firm Five Point Energy, the midstream company recently completed a transaction to acquire Colgate Energy LLC assets in the Delaware sub-basin that it snagged in June from Occidental Petroleum Corp. (Oxy). Financial…

Natural gas forward prices exploded higher through the trading period ending Sept. 8 as hefty production outages lingered following Hurricane Ida, creating more uncertainty about whether U.S. supplies would be sufficient for the winter.  October fixed prices rallied by an average of 26.0 cents, while prices for the November and winter (November 2021-March 2022) strips…

Natural gas forward prices exploded higher through the trading period ending Sept. 8 as hefty production outages lingered following Hurricane Ida, creating more uncertainty about whether U.S. supplies would be sufficient for the winter.  October fixed prices rallied by an average of 26.0 cents, while prices for the November and winter (November 2021-March 2022) strips…

Talos Energy Inc. is working with state and federal authorities to identify the owner of an oil pipeline that appears to be leaking in Louisiana state waters. The Houston-based independent exploration and production (E&P) company on Tuesday said it continued to lead the efforts to contain and control the oil release, which likely occurred following…

After scrapping its own plans to construct a deepwater crude oil facility, Enbridge Inc. is set to acquire North America’s largest crude export terminal after agreeing to pay $3 billion in cash for rival Moda Midstream Operating LLC. Under an agreement with EnCap Flatrock Midstream, Enbridge on Tuesday said it would acquire full operating interest…