Natural gas production will rise by 4.3 Bcf/d, or 30%, to 18.4 Bcf/d as of 2025 from the Western Canada Sedimentary Basin (WCSB), according to TransCanada Corp.’s pipeline network in Alberta and British Columbia (BC).
Bcf/D
Articles from Bcf/D
Gas Rigs Gain a Few as Analyst Notes Production Strength
The U.S. oil and natural gas rig count dropped by 40 in the latest Baker Hughes Inc. tally, busting through the “1,000 barrier” to rest at 988. Natural gas-directed rigs gained a smidge, though, as one analyst noted the staying power of gas production.
April 10, 2015
Little Weather Seen to Impede Stout Storage Builds; May Called Unchanged
May natural gas is set to open unchanged Thursday morning at $2.62 ahead of a government storage report that is expected to show the second build of the newly-minted injection season. Overnight oil markets rose.
April 9, 2015
Sabine Pass Trains 5, 6 Approved by FERC
FERC on Monday approved the expansion (Trains 5 and 6) of Cheniere Energy Inc.’s Sabine Pass liquefied natural gas (LNG) terminal in Louisiana and the expansion of the associated Creole Trail Pipeline.
April 7, 2015
EIA Expects 2015 NatGas Injection Season to Be Fourth-Highest on Record
Natural gas inventories are expected to reach 3,781 Bcf by the end of October, with storage facilities fat from a net injection of 2,310 Bcf, the fourth-highest injection season on record, according to a projection by the Energy Information Administration (EIA).
April 7, 2015
Injection Season to Be Fourth-Largest on Record, Boosted by Marcellus, EIA Says
Natural gas inventories are expected to reach 3,781 Bcf by the end of October, with storage facilities fat from a net injection of 2,310 Bcf, the fourth-highest injection season on record, according to a projection by the Energy Information Administration (EIA).
April 7, 2015
U.S. Natural Gas Supply to Overwhelm Demand This Summer, Says Genscape
U.S. natural gas supplies should be about 3.1 Bcf/d higher this summer than a year ago, but incremental demand is forecast to be lower, which would keep the markets long through the injection season, Genscape Inc. analysts said Wednesday.
March 26, 2015
Big Seven NatGas, Oil Production to Slow in March-April, EIA Says
Production from the nation’s seven most prolific shale and tight oil plays will slow coming out of the winter months, with natural gas production expected to increase less than 0.5% between March and April, and oil production remaining almost unchanged, according to the Energy Information Administration (EIA).
March 10, 2015
EIA’s NatGas Price Forecast Rebounds, Slightly: $3.07 This Year, $3.48 in 2016
Henry Hub natural gas spot prices are likely to average $3.07/MMBtu this year and $3.48/MMBtu next year, according to the Energy Information Administration (EIA), lower than anyone would have expected two years ago, but slightly higher than EIA’s previous forecast.
March 10, 2015
Last Gasp For Physical Market Bulls? April Called 2 Cents Higher
April natural gas is set to open 2 cents higher Thursday morning at $2.79 as traders look forward to what may be the last blast of weather-driven turmoil in the cash market and a set of stout government withdrawal figures. Overnight oil markets were narrowly mixed.
March 5, 2015
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