Natural gas prices at the benchmark Henry Hub will increase to roughly $5.00/MMBtu in the mid 2020s and remain at about that level through 2040, and production will grow more than 50% by 2040, according to the reference case in an upcoming Energy Information Administration (EIA) report.
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EIA Annual Energy Outlook Preview Hints at U.S. Energy Independence; NatGas Production Up 50% by 2040
Natural gas prices at the benchmark Henry Hub will increase to roughly $5.00/MMBtu in the mid 2020s and remain at about that level through 2040, and production will grow more than 50% by 2040, according to the reference case in an upcoming Energy Information Administration (EIA) report.
Ohio Supreme Court Expected to Weigh-In Soon on Post-Production Royalty Deductions
The Ohio Supreme Court is expected to soon decide on a case that could determine whether oil and natural gas producers in the state can deduct post-production costs, such as those for compression, dehydration and transmission, from landowners’ royalty checks.
Ohio Supreme Court Expected to Weigh-In Soon on Post-Production Royalty Deductions
The Ohio Supreme Court is expected to soon decide on a case that could determine whether oil and natural gas producers in the state can deduct post-production costs, such as those for compression, dehydration and transmission, from landowners’ royalty checks.
U.S., Canada Need $546B Investment in NatGas, Oil, NGL Pipes by 2035, INGAA Says
The United States and Canada will need to invest $546 billion by 2035 — about $26 billion annually — on midstream natural gas, crude oil and natural gas liquids (NGL) infrastructure, according to a study released Tuesday by the Interstate Natural Gas Association of America (INGAA).
U.S., Canada Need $546B Investment in NatGas, Oil, NGL Pipes by 2035, INGAA Says
The United States and Canada will need to invest $546 billion by 2035 — about $26 billion annually — on midstream natural gas, crude oil and natural gas liquids (NGL) infrastructure, according to a study released Tuesday by the Interstate Natural Gas Association of America (INGAA).
Texas Supreme Court Denies Chesapeake Request to Rehear Barnett Shale Royalties Lawsuit
The Texas Supreme Court has denied a request for a rehearing by Chesapeake Energy Corp. regarding a closely watched case that awarded a Fort Worth, TX family at least $1 million in royalties, interest and attorneys’ fees for natural gas wells drilled in the Barnett Shale. The denial effectively brings the case to an end.
Court Rejects Motion by Environmental Groups in BLM Fracking Rule Case
A federal judge in Wyoming has denied a motion by a coalition of six environmental groups to expedite the legal proceedings surrounding rules governing hydraulic fracturing (fracking) on public and tribal lands.
Domestic Natural Gas Market Coming Up Short as Oil Rigs Fall, Says Citibank
The outlook for U.S. natural gas is critically dependent on the outcome of the domestic oil rig count because gas production growth in the past four years was predominately from the big shale oil plays, according to Citigroup Inc.
U.S. NatGas Pipeline Capacity A Match For EPA Clean Power Plan, ICF Says
The nation's expanding natural gas pipeline system will be up to the task for the evolving power generation needs that result from implementing federal mandates under the proposed Clean Power Plan (CPP), according to an analysis.