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
ConocoPhillips Putting Brand on Shell’s Former Permian Acreage
ConocoPhillips plans to keep the number of rigs steady on Permian Basin acreage recently acquired from Shell plc. “We plan to continue running four rigs on that property, the same activity rate that Shell was running, through the remainder of this year,” Executive Vice President Tim Leach who oversees Lower 48 operations told analysts during…
GasLog Sees Strong LNG Demand Outlook in 2022 on European Restocking
A European Commission (EC) proposal to include natural gas and nuclear power in the “green taxonomy” would yield benefits from environmental and energy security perspectives, according to the head of global liquefied natural gas (LNG) shipper GasLog Partners LP. “This would accomplish the goal of reducing emissions from the generation of electricity while also securing…
WEC Energy to Pilot Hydrogen Blend in Michigan Natural Gas Power Plant
Upper Michigan Energy Resources plans to co-fire hydrogen with natural gas in a pilot project at one of its power generation plants in Michigan’s Upper Peninsula, parent company WEC Energy Group reported. “As we bring more renewable energy online, we must ensure that we can keep the lights on when the sun is not shining…
GasLog Applauds Proposed ‘Green Taxonomy’ for Natural Gas, Nuclear
A European Commission (EC) proposal to include natural gas and nuclear power in the “green taxonomy” would yield benefits from environmental and energy security perspectives, according to the head of global liquefied natural gas (LNG) shipper GasLog Partners LP. “This would accomplish the goal of reducing emissions from the generation of electricity while also securing…
PennEnergy’s Appalachian Natural Gas Gains RSG Tag for 99% of Production
Nearly all of PennEnergy Resources LLC’s natural gas wells have been certified as producing responsibly sourced gas (RSG), the Appalachian Basin-focused exploration and production (E&P) company reported. Project Canary used its TrustWell environmental certification process and determined that 375 of 378 wells, or 99%, earned a gold or platinum rating, PennEnergy said. The global gas…
U.S. Petroleum Demand Rising as Travel Escalates; Oil Stocks Also Up
Petroleum consumption increased in the United States last week amid rising gasoline and distillate production, the U.S. Energy Information Administration (EIA) said Wednesday. Demand hit 22.4 million b/d for the period ended Jan. 21, representing a 2.3% week/week increase. The overall gain stemmed largely from a 3.4% increase in gasoline consumption and a 4.3% jump…
RPC Eyes Upping Fracturing Fleet Count for 2022
Oilfield services (OFS) and equipment provider RPC Inc. said it might activate another hydraulic fracturing fleet but added that likely would not occur during the first six months of this year. CEO Richard A. Hubbell said that he sees “many indications of continued growing activity levels and improved pricing” in the new year. Last spring,…
EIA Sees ‘Reduced Need’ for Electricity from Natural Gas, Coal
Renewables such as solar and wind are expected to command a greater share of U.S. electricity generation at the expense of fossil fuel-fired power plants over the next two years, the Energy Information Administration (EIA) said. “Our forecast of growth in renewable electricity generation over the next two years leads to our forecast of a…
Texas Upstream Oil, Natural Gas Sector Gains 3,000 Jobs Amid Labor Market ‘Fireworks’
Texas’ upstream oil and gas employment grew to 188,700 in December, representing increases of 3,000 jobs month/month and 27,800 positions year/year, the Texas Independent Producers and Royalty Owners Association (TIPRO) reported last week. “Oil and natural gas employment continues to rebound, providing quality, high-paying jobs to Texans throughout the state, and we expect that trend…
Idle Oil, Natural Gas Wells Said to Need Proper Monitoring, Maintenance
The Interstate Oil and Gas Compact Commission (IOGCC) recently released its latest counts of documented idle and orphan oil and gas wells in the United States and Canada. “Many idle wells have potential for future oil or gas production or associated uses,” stated IOGCC. “If not properly monitored and maintained, however, they may pose a…