Rising natural gas gathering volumes in the Haynesville and Eagle Ford shales boosted the bottom line during the second quarter for Kinder Morgan Inc., which is now looking to grow its supplies for U.S. LNG exports.

ngi basis curve graph

Gas gathering volumes during 2Q2022 were up 12% year/year, led by a 15% increase in Haynesville volumes and a 10% increase in Eagle Ford volumes. However, some growth was offset by lower volumes in the Bakken Shale.

During a call last week with investors, President Kim Dang said Kinder was on track to beat the 10% full-year gathering volume increase that was previously budgeted.

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