Haynesville

Natural Gas ‘Price Plunge’ Said to Make Even Top Basins Unattractive for Investment

Natural Gas ‘Price Plunge’ Said to Make Even Top Basins Unattractive for Investment

The decline in U.S. natural gas prices, combined with elevated costs to drill a well, are forecast to slow down drilling and completions (D&C) activity in the gassy basins of the Lower 48. Rystad Energy Vice President Serik Omarov in a note said the gas price decline has created uncertainty for exploration and production (E&P)…

April 5, 2023
Lower 48 Plays to Raise Natural Gas Output to 96.6 Bcf/d in April, EIA Says

Lower 48 Plays to Raise Natural Gas Output to 96.6 Bcf/d in April, EIA Says

Natural gas production from seven key Lower 48 regions would continue rising in April, driven by incremental output gains from a variety of regions, led by the gassy Haynesville Shale, according to updated modeling from the Energy Information Administration (EIA). EIA said in its latest Drilling Productivity Report (DPR), published Monday, that total natural gas…

March 17, 2023
BP’s Lower 48 Onshore Natural Gas Production Achieves 100% Certification

BP’s Lower 48 Onshore Natural Gas Production Achieves 100% Certification

BP plc’s Lower 48 onshore subsidiary BPX Energy Inc. has become the first U.S. major to certify the methane intensity of its entire natural gas production portfolio, according to nonprofit MiQ. Methane, the primary component of natural gas, is a potent greenhouse gas (GHG) that accounts for about 20% of anthropogenic GHG emissions globally, according…

March 7, 2023
EIA Sees Continued Onshore Natural Gas Production Growth in March, Paced by Haynesville

EIA Sees Continued Onshore Natural Gas Production Growth in March, Paced by Haynesville

With the Haynesville Shale continuing to serve as the biggest driver of projected onshore natural gas production growth, output from seven key Lower 48 plays is poised to grow by 426 MMcf/d from February to March, according to the Energy Information Administration (EIA). In its latest Drilling Productivity Report (DPR), published Monday, the agency modeled…

February 15, 2023
Kinder Morgan’s Haynesville Natural Gas Gathering Volumes Jump 44%

Kinder Morgan’s Haynesville Natural Gas Gathering Volumes Jump 44%

Nearly a year after receiving federal approval, Kinder Morgan Inc. has sanctioned the 2 Bcf/d Evangeline Pass pipeline project that would feed Venture Global LNG Inc.’s Plaquemines LNG export facility. In a call with investors to discuss 4Q2022 earnings earlier this month, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline…

January 25, 2023
U.S. Midstream Working to Expand Permian, Haynesville Natural Gas Pipelines

U.S. Midstream Working to Expand Permian, Haynesville Natural Gas Pipelines

As the United States works toward casting a wider net on the global natural gas market via exports, key domestic markets like the Permian Basin and Haynesville Shale could be turned upside down in 2023 as midstream bottlenecks leave gas stranded. LNG developers on the Gulf Coast are in a race to boost liquefied natural…

January 20, 2023
As Haynesville Delivers Supply for Gulf Coast LNG, Could Gillis Become A Liquid Trading Hub? Listen Now to NGI’s Hub & Flow

As Haynesville Delivers Supply for Gulf Coast LNG, Could Gillis Become A Liquid Trading Hub? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, in which NGI’s Patrick Rau, director of Strategy & Research, offers his expert insight into the infrastructure projects underway to accommodate rapid natural gas growth from the Haynesville Shale in Louisiana. The new capacity is moving south to the Gulf Coast, mostly…

December 12, 2022

TotalEnergies Withdraws Directors From Novatek in Shift Away from Russia – The Offtake

TotalEnergies SE is withdrawing its representatives on PAO Novatek’s board and said it would stop accounting for its 19.4% stake in the company.

December 9, 2022
Jones Family Consolidating Control of Comstock Amid Haynesville LNG Export Push

Jones Family Consolidating Control of Comstock Amid Haynesville LNG Export Push

Dallas businessman Jerry Jones has expanded his ownership stake in Haynesville Shale pure-play Comstock Resources Inc. to 66% from about 60% and funded converting all outstanding preferred shares to common stock. “Comstock’s outstanding performance since I made my initial investment in August 2018 and my confidence in the company’s future have led me to further…

December 2, 2022
TC Energy Eyeing Increased LNG Exports From Haynesville 

TC Energy Eyeing Increased LNG Exports From Haynesville 

TC Energy Corp. is working to connect more natural gas supply from the Haynesville Shale and Western Canadian Sedimentary Basin (WCSB) with LNG export demand, management said last week. CEO François Poirier hosted a call on Wednesday (Nov. 9) to discuss the Calgary-based pipeline juggernaut’s third quarter earnings. Poirier and his team highlighted the $400…

November 18, 2022