Gulf Coast

Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. In the center’s latest Gulf Coast Energy Outlook (GCEO) authors David E. Dismukes and Greg Upton said that in…

Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. In the center’s latest Gulf Coast Energy Outlook (GCEO) authors David E. Dismukes and Greg Upton said that in…

Federal regulators have cleared Energy Transfer LP (ET) to start service on the 1.65 Bcf/d Gulf Run natural gas pipeline system in Louisiana, opening a path to meet increasing demand along the Gulf Coast and in international markets.  The project is underpinned by a 1.1 Bcf/d commitment from anchor shipper Golden Pass LNG, which is…

Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into the Permian Basin’s complicated and constrained natural gas takeaway equation, the impact on prices and what factors could help to alleviate the current situation. In this episode, Patrick Rau, NGI’s Director of Strategy and Research, takes a closer look…

As the top natural gas producer in Canada, Tourmaline Oil Corp. flowed 2.2 Bcf/d throughout the third quarter of 2022, with next year’s output expected to average 2.5 Bcf/d. Natural gas exports to the United States played a starring role in the company’s growth, and long-distance trading results have earned an American regulatory trophy. The…

Haynesville Shale pure-play Comstock Resources Inc. scored in the third quarter, lifted by strong natural gas prices and by selling 15% of output directly to LNG shippers on the Gulf Coast. The Frisco, TX-based independent gained leverage with 70% of its natural gas sold in “high value” Gulf Coast markets, including the liquefied natural gas…

A revamped Chesapeake Energy Corp. continues streamlining its strategy around supplying natural gas to the Gulf Coast LNG corridor, executives said in an earnings call on Wednesday. The company sees a somewhat softer natural gas market in 2023, with no real structural demand growth until new export capacity comes online starting in 2024. “As export…

Kinder Morgan Inc. (KMI) expects domestic LNG export demand to more than double to 28 Bcf/d by 2030, Executive Chairman Richard Kinder said Wednesday. “Given the situation in Europe today, which will result in more long-term contracts and the continuing usage in Asia, this hyper-growth scenario actually seems pretty reasonable to me,” Kinder told analysts…

Backed by Louisiana state government incentives, oilfield services (OFS) giant Schlumberger Ltd. has decided to centralize its offshore oil and gas support services in the heart of the state’s Acadiana region. The company is spending $11.5 million to expand its operations in Lafayette, LA, forming a North Gulf Coast (NGC) Hub. Schlumberger’s Lyndal Cissell, North…