Dallas Fed

U.S. E&P, OFS Executives Foresee Lower Natural Gas, Oil Prices by Year’s End

U.S. E&P, OFS Executives Foresee Lower Natural Gas, Oil Prices by Year’s End

Solid growth continued across some of the biggest oil and natural gas production regions in the country during the third quarter, but supply costs are rising and executives are a bit more wary than earlier this year, the Federal Reserve Bank of Dallas said Wednesday. The Dallas Fed, as it is known, collected data across…

September 29, 2021
Dallas Fed Says E&P, OFS Execs Optimistic for Higher Henry Hub, WTI Prices

Dallas Fed Says E&P, OFS Execs Optimistic for Higher Henry Hub, WTI Prices

Oil and natural gas executives working in northern Louisiana, southern New Mexico and across the state of Texas are optimistic that commodity prices will continue to climb this year, along with activity, according to a survey by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is better known, on Wednesday issued its…

June 23, 2021
U.S. Energy Execs Forecasting Slight Bump in Henry Hub, Continued Consolidation in 2021

U.S. Energy Execs Forecasting Slight Bump in Henry Hub, Continued Consolidation in 2021

Most U.S. energy executives expect Henry Hub natural gas prices to average $2.40-2.79/Mcf by the end of 2021, but a solid number foresee prices of as much as $3.19, according to a survey by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is better known, every quarter surveys executives of exploration and…

January 5, 2021
Many Texas, Louisiana Energy Executives Think U.S. Oil Production Already Peaked

Many Texas, Louisiana Energy Executives Think U.S. Oil Production Already Peaked

Oil production in the United States already has peaked, most energy executives believe, according to a new survey by the Federal Reserve Bank of Dallas. The quarterly survey by the Dallas Fed, as it’s known, said 66% of oil and gas executives queried across the Eleventh District believe domestic oil production has peaked, while 34%…

September 23, 2020
Oil, Natural Gas Activity Across Louisiana, New Mexico and Texas Still Grim, Says Dallas Fed

Oil, Natural Gas Activity Across Louisiana, New Mexico and Texas Still Grim, Says Dallas Fed

Oil and natural gas activity has declined further in the second quarter across Louisiana, New Mexico and Texas, according to a survey by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is known, every quarter surveys energy executives across the Eleventh District, which encompasses northern Louisiana, most of New Mexico and Texas,…

June 24, 2020
E&P, OFS Activity Declining in Texas and Beyond, with Tough Outlook Ahead

E&P, OFS Activity Declining in Texas and Beyond, with Tough Outlook Ahead

Oil and natural gas activity declined during the third quarter across Texas, parts of New Mexico and Louisiana, the Federal Reserve Bank of Dallas reported Wednesday.

September 25, 2019
Breakeven Oil Prices Underscoring Lower 48’s Impact on Market

Breakeven Oil Prices Underscoring Lower 48’s Impact on Market

The oil price needed to profitably drill wells has tracked with prices for long-dated oil futures out to five years, with Lower 48 output appearing to play an outsized role in anchoring prices, according to the Federal Reserve Board of Dallas, aka the Dallas Fed.

May 23, 2019

OFS, E&P Activity Expanding in Texas, Louisiana and New Mexico, Says Dallas Fed

The oil and gas sector continued to strengthen during the first three months of this year in Texas, northern Louisiana and southeastern New Mexico, the Federal Reserve Bank’s Dallas arm said.

March 29, 2018