Dallas Fed

U.S. E&P, OFS Executives Expect Uncertainty Ahead, with Henry Hub Seen Averaging $3.09 by End of 2024

U.S. E&P, OFS Executives Expect Uncertainty Ahead, with Henry Hub Seen Averaging $3.09 by End of 2024

Oil and natural gas activity across the most prolific area of the Lower 48 in Louisiana, New Mexico and Texas moderated in the final three months of the year, as natural gas production edged up slightly and oil output slowed down. The fourth quarter Dallas Fed Energy Survey, conducted by the Federal Reserve Bank’s Eleventh…

December 20, 2023
E&Ps Slash Natural Gas Price Forecast as Activity Slows, Dallas Fed Survey Shows

E&Ps Slash Natural Gas Price Forecast as Activity Slows, Dallas Fed Survey Shows

Executives in the heart of the Lower 48 oil and gas patch have revised down their forecasts for domestic natural gas prices this year, according to the latest survey of industry activity and sentiment by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is better known, conducts a quarterly survey of about…

June 26, 2023
Execs from Louisiana to New Mexico Gaze into Natural Gas, Oil Pricing Crystal Ball

Execs from Louisiana to New Mexico Gaze into Natural Gas, Oil Pricing Crystal Ball

Natural gas and oil industry executives across Texas, northern Louisiana, and southern New Mexico expect a Henry Hub natural gas price of $7.55/MMBtu and a West Texas Intermediate (WTI) oil price of $108/bbl by the end of this year, according to the Federal Reserve Bank of Dallas. The Dallas Fed, as it is known, obtained…

June 30, 2022
E&P and OFS Execs Foresee $7.55 Natural Gas, $108 Oil by Year’s End

E&P and OFS Execs Foresee $7.55 Natural Gas, $108 Oil by Year’s End

Natural gas and oil industry executives across Texas, northern Louisiana, and southern New Mexico expect a Henry Hub natural gas price of $7.55/MMBtu and a West Texas Intermediate (WTI) oil price of $108/bbl by the end of this year, according to the Federal Reserve Bank of Dallas. The Dallas Fed, as it is known, obtained…

June 24, 2022
E&P, OFS Executives in Texas, Louisiana and New Mexico Forecasting Steady Oil, Gas Prices

E&P, OFS Executives in Texas, Louisiana and New Mexico Forecasting Steady Oil, Gas Prices

Oil and natural gas activity accelerated across Texas, parts of Louisiana and New Mexico during the first three months of 2022, but as Russia’s invasion of Ukraine continued, energy executives said they don’t foresee commodity prices surging to the end of the year. The first quarter survey of oilfield services (OFS) and exploration and production…

March 25, 2022
Energy Execs Forecast Stronger Henry Hub and WTI Prices in 2022, Along with Higher Costs

Energy Execs Forecast Stronger Henry Hub and WTI Prices in 2022, Along with Higher Costs

Executives in the energy breadbasket of the country are forecasting Henry Hub natural gas prices to average $4.06/MMBtu at the end of 2022, according to the latest quarterly survey by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is known, every three months surveys exploration and production (E&P) companies and oilfield services…

December 29, 2021
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
‹ Previous 1 2