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EIA Reports 92 Bcf Storage Build as May Natural Gas Futures Sit Near $2.50

EIA Reports 92 Bcf Storage Build as May Natural Gas Futures Sit Near $2.50

The Energy Information Administration (EIA) reported a 92 Bcf injection into storage inventories for the week ending April 12, a build that was on the higher end of market expectations and a few Bcf above consensus.

April 18, 2019
Natural Gas Production from U.S. Unconventional Plays to Near 80 Bcf/d in May, Says EIA

Natural Gas Production from U.S. Unconventional Plays to Near 80 Bcf/d in May, Says EIA

The United States’ seven most prolific onshore unconventional will churn out nearly 80 Bcf/d of natural gas in May, which is expected to be their 29th consecutive month-to-month increase, according to the U.S. Energy Information Administration (EIA).

April 15, 2019

EIA Sees Strong Natural Gas Output Holding Henry Hub to $2.82 This Year, $2.77 in ’20

Continuing domestic natural gas production growth will exert downward pressure on prices through next year, resulting in Henry Hub natural gas prices averaging $2.82/MMBtu for 2019 and $2.77/MMBtu in 2020, according to the Energy Information Administration (EIA).

April 10, 2019
Domestic Crude Output in 2018 Highest in U.S. History, Says EIA

Domestic Crude Output in 2018 Highest in U.S. History, Says EIA

The unconventional revolution in the U.S. onshore continues to break records, as domestic crude production reached 11.96 million b/d in December, the highest level in U.S. history, the Energy Information Administration (EIA) said this week.

April 10, 2019

EIA Expects 79 Bcf/d in April From Big Seven Unconventional Plays

Natural gas production out of the seven most prolific U.S. onshore unconventional plays — the Anadarko, Appalachian and Permian basins, and the Bakken, Eagle Ford, Haynesville and Niobrara formations — is expected to reach 79.02 Bcf/d in April, compared to an estimated 78.14 Bcf/d this month, according to the U.S. Energy Information Administration (EIA).

March 18, 2019
Big Seven in Lower 48 to Near 78 Bcf/d Next Month, EIA Says

Big Seven in Lower 48 to Near 78 Bcf/d Next Month, EIA Says

Production from the seven most prolific U.S. onshore unconventional plays in March will continue its seemingly endless upward swing, with natural gas output forecast to reach 77.97 Bcf/d and oil an estimated 8.40 million b/d, according to the U.S. Energy Information Administration (EIA).

February 19, 2019

New England Daily Dashboard Providing Energy Market Data, Says EIA

The Energy Information Administration (EIA) has begun publishing a daily interactive dashboard with an integrated view of energy commodities, including natural gas, liquefied natural gas (LNG), electricity, petroleum products and market-influencing fundamentals, such as weather, that may influence consumption, prices, flows and security in New England.

January 23, 2019

Increased Oil, Natural Gas Production to Continue Next Month in Key U.S. Plays, Says EIA

Month-to-month increases in natural gas and oil production from the seven most prolific U.S. onshore unconventional plays will continue in February, pushing the upward trend into a third year, according to the U.S. Energy Information Administration (EIA).

January 22, 2019
Big Seven Unconventional Plays to See 1.5%-Plus January Production Increase, Says EIA

Big Seven Unconventional Plays to See 1.5%-Plus January Production Increase, Says EIA

Natural gas production from the seven most prolific U.S. onshore unconventional plays will increase 1.5% in January compared to December, and oil production will increase 1.7%, according to the U.S. Energy Information Administration (EIA).

December 18, 2018
Natural Gas Production From Big Seven Plays to Reach 74.06 Bcf/d in November, EIA Says

Natural Gas Production From Big Seven Plays to Reach 74.06 Bcf/d in November, EIA Says

The U.S. Energy Information Administration (EIA) is projecting production from the nation’s seven most prolific onshore unconventional plays — the Anadarko, Appalachian and Permian basins, and the Bakken, Eagle Ford, Haynesville and Niobrara formations — will increase in November, continuing a nearly two-year trend, with natural gas output forecast to reach 74.06 Bcf/d and oil production an estimated 7.71 million b/d.

October 15, 2018