Matthew Veazey joined NGI as an associate editor in October 2021. He has covered the energy industry for more than two decades, including 15 years covering the upstream and downstream oil and gas sectors at Rigzone. Matthew holds a bachelor of arts degree in English and MBA from the University of Louisiana at Lafayette and a master's degree in mass communication from Louisiana State University.
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Articles from Matthew Veazey
Will Russia-Ukraine Crisis Prompt Biden Administration Reset for Natural Gas and Oil Policy?
The backdrop of the Russia-Ukraine conflict could be an opportune time for the Biden administration to improve the United States’ oil and gas investment climate and bolster domestic energy security, the North Dakota Petroleum Council (NDPC) and other industry organizations told NGI. NDPC’s Brady Pelton, vice president, said that Biden “has not really been a…
March 18, 2022
Entergy Eyes April Hearing for Texas Combined-Cycle Natural Gas-Hydrogen Project
Entergy Corp. recently reported that it expects to reach a regulatory milestone soon for its proposed Bridge City, TX, power plant, which would be fueled by natural gas and hydrogen. The utility expects a Public Utility Commission of Texas (PUCT) hearing in late April on its proposed 1.215 GW Orange County Advanced Power Station (OCAPS).…
March 17, 2022
Peyto Sees ‘Interesting Tension’ for Canada’s AECO Natural Gas Benchmark
Western Canada’s natural gas is poised to flow in an additional direction in the next few years to support liquefied natural gas (LNG) exports, potentially leading to a major shift for the AECO Hub, according to Alberta-based Peyto Exploration and Development Corp. The start up of the Shell plc-led LNG Canada project, slated for late-2025,…
March 17, 2022
Texas Upstream Oil, Natural Gas Sector Gained Jobs in January
Texas’ upstream oil and gas employment reached 176,300 in January, representing a month/month increase of 1,200 jobs and a 16,000-job gain year/year, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported last week. “Our industry will experience continued growth in employment in oil and gas production this year to meet growing global demand for…
March 14, 2022
Texas RRC Aiming to Curb Permian Quakes with Produced Water Plan
The Railroad Commission of Texas (RRC) recently launched an oil and natural gas operator-led response plan in West Texas that targets seismicity from produced water injection wells in the Permian Basin. The Northern Culberson-Reeves Seismic Response Area (SRA) plan is designed to reduce the intensity and frequency of injection-induced earthquakes. The goal is to eliminate…
March 10, 2022
California Resources Carbon Management Centerpiece Makes Regulatory Progress
Exploration and production (E&P) firm California Resources Corp. (CRC) is making progress on the regulatory front for its nascent carbon management unit, according to management. “On the carbon management business side, we were very active in 2021 and will continue to advance our strategy in 2022,” CEO Mac McFarland told analysts during CRC’s fourth quarter…
March 10, 2022
Apex, Epic and Corpus Port Considering Industrial-Scale Green Hydrogen Hub for South Texas
Apex Clean Energy LLC, Epic Midstream Holdings LP and the Port of Corpus Christi Authority are considering a green hydrogen production, storage, transportation and export operation on the South Texas coast. “This would be green fuel production at gigawatt scale,” said Apex CEO Mark Goodwin. Green hydrogen is produced using renewable energy and electrolysis. In…
March 8, 2022
EOG CEO Touts Need to Expand Global Reach of U.S. Natural Gas
Citing the United States’ “very vast supply of natural gas,” EOG Resources Inc. CEO Ezra Yacob said “it’s important that we get that gas offshore and into the global market” for geopolitical reasons and to support developing countries’ economic growth. Shell plc has projected a 90% increase in global liquefied natural gas (LNG) demand by…
March 3, 2022
Laredo Ups Drilling Count by 50% in West Texas Permian Acreage
Laredo Petroleum Inc. has identified 50% more drilling locations in the Permian Basin acreage it acquired last year than initially envisioned. “These deals initially added about 250 locations, but importantly recent drilling success has added an additional 125 locations across areas where we ascribed no value at the time of the acquisition,” said CEO Jason…
March 1, 2022
Pennsylvania Natural Gas Production Growth Slows in Late 2021
Unconventional natural gas production volume growth in Pennsylvania decelerated during the fourth quarter according to the state’s Independent Fiscal Office (IFO). IFO reported horizontal gas well production volume of 1.949 Tcf for 4Q2021, representing a 6.7% year/year growth rate. That was lower than the 7.2% uptick that data showed for 3Q2021. For 2021, IFO said…
February 25, 2022