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Matthew Veazey

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.

Xebec Eyes 500% RNG, Hydrogen Tech Output Jump with UEC Acquisition

Xebec Eyes 500% RNG, Hydrogen Tech Output Jump with UEC Acquisition

Canada-based Xebec Adsorption, Inc. aims to expand production capacity 500% in North America for its renewable natural gas (RNG) and hydrogen technologies. By closing on its acquisition of Colorado-based UEC Compression, Xebec said last week it has established a “cost-effective and timely pathway” toward reaching the five-fold increase in output.   UEC, based in the Denver…

November 9, 2021
North America’s Top Power Grid, PJM, Forecasting Sufficient Generation for Winter Demand

North America’s Top Power Grid, PJM, Forecasting Sufficient Generation for Winter Demand

The operator of North America’s largest power grid, PJM Interconnection, said its member utilities anticipate having more than enough electricity to meet projected peak demand this winter. PJM, which manages the grid spanning 13 states and the District of Columbia, said it expects to have more than 185,000 MW of resources to meet forecast peak…

November 8, 2021
Coterra’s Jorden Eyes 2022 Prudence in Marcellus, Permian with ‘Seatbelt’ for ‘Fun’ Ride

Coterra’s Jorden Eyes 2022 Prudence in Marcellus, Permian with ‘Seatbelt’ for ‘Fun’ Ride

Executives with Coterra Energy Inc. on Wednesday pledged ongoing operational discipline despite an enticing oil and natural gas price environment. Coterra is the product of the recently completed merger of U.S. independents Cimarex Energy Co. and Cabot Oil & Gas Corp.  “I’ll just say, there’s going to be one word that will guide us in…

November 4, 2021
DT Midstream, Mitsubishi Power to Collaborate on U.S. Hydrogen Infrastructure

DT Midstream, Mitsubishi Power to Collaborate on U.S. Hydrogen Infrastructure

Natural gas pipeline and storage provider DT Midstream Inc. (DTM) and power generation and energy storage firm Mitsubishi Power Americas Inc. have partnered to advance hydrogen energy development projects across the United States. Under a new joint development agreement (JDA), DTM and Mitsubishi Power plan to create interstate and intrastate pipeline capability for a national…

November 3, 2021
U.S. Natural Gas Resource Appraisal Trends Downward for First Time in Years

U.S. Natural Gas Resource Appraisal Trends Downward for First Time in Years

Since the dawn of the shale revolution, periodic estimates of technically recoverable U.S. natural gas resources have trended upward. Until now. That is a key takeaway from the latest installment of the “Future Supply of Natural Gas in the United States,” an authoritative assessment issued biennially by the Potential Gas Committee (PGC). Last month, the…

November 3, 2021
Texas Gas Storage Hub Claims Carbon Neutrality First-Mover Status

Texas Gas Storage Hub Claims Carbon Neutrality First-Mover Status

Enstor Gas LLC said its Katy Storage and Transportation natural gas storage facility west of Houston became carbon neutral during the third quarter. Moreover, Enstor, an affiliate of infrastructure-focused private equity firm ArcLight Capital Partners LLC, said the facility in Katy is the first U.S. carbon-neutral natural gas storage facility. “Achieving carbon neutrality at Katy…

November 3, 2021
ConocoPhillips Targeting Higher Threshold as Permian Position Grows

ConocoPhillips Targeting Higher Threshold as Permian Position Grows

The proverbial bar went up for ConocoPhillips during 3Q2021, and CEO Ryan Lance on Tuesday said the largest independent in the United States is on the cusp of another big step in its growth trajectory.  After acquiring Permian Basin pure-play Concho Resources Inc. earlier this year, the Houston independent joined the ranks of the largest…

November 3, 2021
Oil and Gas, Coal State Senators Cross Party Lines to Sponsor Hydrogen Bills

Oil and Gas, Coal State Senators Cross Party Lines to Sponsor Hydrogen Bills

Six U.S. senators, all but one of whom represents a major energy-producing state, last week introduced a series of bills designed to spur development of hydrogen energy infrastructure. “Hydrogen is a versatile energy source, but we lack the infrastructure to reap its benefits for a wide range of industries,” said Sen. John Cornyn, R-Texas. “This…

November 1, 2021
Foothills Teaming Up to Explore Illinois Basin with Benchmark Properties

Foothills Teaming Up to Explore Illinois Basin with Benchmark Properties

Foothills Exploration Inc. and Illinois Basin operator Benchmark Properties Ltd. have agreed to rework one well in Jasper County, IL, and drill a new one. Through its Anaconda Energy LLC subsidiary, Foothills has a participation agreement with Benchmark to develop the Ste Marie West Prospect and to acquire a 50% working interest in the Sears-Houser…

October 29, 2021
UGI, Global Common Energy Developing Third RNG Project in Upstate New York

UGI, Global Common Energy Developing Third RNG Project in Upstate New York

A joint venture (JV) of UGI Energy Services LLC said it has agreed to develop with Global Common Energy LLC its third renewable natural gas (RNG) production project in Upstate New York. The Cayuga RNG JV plans to construct a manure digester and gas upgrading equipment at El-Vi Farms on the border of Wayne and…

October 28, 2021