natural gas production

Extending a downtrend that began early in 2020, natural gas production from seven major U.S. producing regions is set to continue declining in the first month of 2021, according to updated projections from the Energy Information Administration (EIA). Gas production from the Anadarko, Appalachian and Permian basins, as well as from the Bakken, Eagle Ford,…

Oil production in the Bakken Shale during October remained flat month/month at 1.22 million b/d while natural gas output increased by 2% to 89 Bcf, the North Dakota Department of Mineral Resources (DMR) reported Monday. Oil production levels are not likely to grow until 2022, DMR director Lynn Helms said during a monthly webinar. “The…

The downtrend in natural gas production from seven major U.S. producing regions that has persisted for much of 2020 will extend into 2021, according to updated projections from the Energy Information Administration (EIA). Gas production from the Anadarko, Appalachian and Permian basins, as well as from the Bakken, Eagle Ford, Haynesville and Niobrara formations, is…

Leading natural gas marketers posted flat sales volumes in 3Q2020, snapping a streak of five consecutive quarters of year/year declines, according to NGI’s Top North American Natural Gas Marketer rankings. The 25 gas marketers participating in the latest quarterly survey reported combined sales transactions of 117.42 Bcf/d in 3Q2020. The 24 gas marketers covered in…

North Dakota is this year better equipped to capture vented and flared natural gas from the Bakken Shale than in 2019, and processing capacity is said to now be adequate for the next five years. North Dakota Pipeline Authority director Justin Kringstad discussed the outlook during an interview with NGI’s Shale Daily.  “The gas capture…

Kinder Morgan Inc.’s hotly contested Permian Highway Pipeline (PHP) is fully operational, moving associated gas volumes through a 430-mile pipeline from Waha in West Texas to Katy, outside of Houston, with connections to the Gulf Coast and Mexico markets. PHP was mechanically complete on Nov. 1, and the 2.1 Bcf/d conduit is expected to be…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

Natural gas futures climbed in early trading Wednesday as models continued to tease colder temperatures arriving around the middle of the month. The January Nymex contract was up 3.3 cents to $2.913/MMBtu at around 8:40 a.m. ET. Trends in the major weather models were mixed over the previous 24 hours, Bespoke Weather Services said early…

Coming off a dramatic sell-off in the previous session, natural gas futures held their ground early Tuesday, although bearish themes continued in the latest forecasts. The December Nymex contract was up 1.2 cents to $2.709/MMBtu at around 8:45 a.m. ET. The temperature outlook to start the winter heating season has been thoroughly disappointing from the…