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IHS Markit Sees Henry Hub Averaging Under $2 in 2020, Sharply Below EIA, Independent Consensus

Henry Hub natural gas prices may average under $2/MMBtu next year as a result of booming production, swiftly growing stockpiles and only seasonal demand from exports, according to IHS Markit’s Samuel Andrus, executive director of North American natural gas.

September 11, 2019

Winter’s Later Start Possible Damper to U.S. Natural Gas Prices

This upcoming winter may continue a general trend of starting later in the season, with a potential “false start” that begins as the West receives the cold temperatures first and the East following later in the season, which holds implications for natural gas prices, according to WeatherBELL Analytics’ Joe Bastardi, chief meteorologist.

September 10, 2019

Industrial Demand Said ‘Unsung Hero’ of U.S. Natural Gas Demand

Investors with long positions in natural gas can take comfort in growing industrial sector demand, according to an industry veteran who spoke Monday in Chicago.

September 9, 2019

Colorado County Says New Oil, Gas Regulations Balanced but Industry Disagrees

Oil and gas industry groups in Colorado were swift in rebuking rules adopted this week by Adams County, describing them as “unreasonable” and “hasty.”

September 5, 2019

Crescent Point Tightens Portfolio with Utah, Saskatchewan Sales

Calgary-based Crescent Point Energy Corp. is continuing its organizational slim-down launched last year by inking a deal to sell Uinta Basin and Saskatchewan assets for C$912 million ($684 million) to undisclosed buyers.

September 4, 2019
Midcontinent E&Ps Zeroing In on Bakken, Oilier Parts of Oklahoma

Midcontinent E&Ps Zeroing In on Bakken, Oilier Parts of Oklahoma

Oil and natural gas producers with assets across the Midcontinent are tailoring capital spending to the Bakken Shale in North Dakota, as well as parts of the Anadarko Basin in Oklahoma that are higher in oil content.

September 3, 2019
Black Diamond Crude Line Doubles DJ Basin Acreage, Mulls Stake in Saddlehorn

Black Diamond Crude Line Doubles DJ Basin Acreage, Mulls Stake in Saddlehorn

Black Diamond Gathering LLC, a joint venture (JV) of Noble Midstream Partners LP and Greenfield Midstream LLC, has doubled its crude gathering volumes in the Denver Julesburg (DJ) Basin with a new deal, and is considering a stake in another oil pipeline that moves volumes from the Rockies to storage in Cushing, OK.

August 30, 2019
Riviera Exits Hugoton with $295M Sale

Riviera Exits Hugoton with $295M Sale

Houston-based Riviera Resources LLC has inked a deal to sell its remaining assets in the Hugoton Basin to an undisclosed buyer, marking an exit from the Kansas formation and a narrowing focus to areas of the Lower 48.

August 29, 2019
Following Oneok Spill, North Dakota to Make Incident Reports More Transparent

Following Oneok Spill, North Dakota to Make Incident Reports More Transparent

The North Dakota Department of Environmental Quality (NDEQ) expects to roll out changes to how spill reports are conveyed to the public within a year’s time amid renewed public scrutiny.

August 29, 2019
Arkansas Natural Gas Output Continuing to Decline

Arkansas Natural Gas Output Continuing to Decline

Arkansas natural gas production for July is likely to see a drop after flooding from Tropical Storm Barry worked its way across the state and into the Arkansas River Valley.

August 27, 2019
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