natural gas production

Natural gas futures collapsed further on Friday, settling at a level not seen in seven months as widespread warmth was seen continuing longer, limiting gas demand. The November Nymex natural gas futures contract closed out the week at $4.959/MMBtu, down 39.9 cents from Thursday’s close and off $1.494 from a week earlier (Oct. 14). Spot…

Natural gas futures collapsed further on Friday, settling at a level not seen in seven months as widespread warmth was seen continuing longer, limiting gas demand. The November Nymex natural gas futures contract closed out the week at $4.959/MMBtu, down 39.9 cents from Thursday’s close and off $1.494 from a week earlier (Oct. 14). At…

Click here to listen to part three of NGI’s three-part Hub & Flow podcast series that discusses how the North American natural gas market works and details behind the tools that are available to successfully navigate it. Trying to understand where the price of natural gas at the Henry Hub is headed? In part one,…

After some hiccups earlier in Thursday’s session, natural gas futures managed to finish in the red for a fifth straight trading day as traders digested another massive storage injection. The November Nymex gas futures contract settled at $5.358/MMBtu, down 10.4 cents on the day. December slid 9.0 cents to $5.838. Spot gas prices continued to…

Natural gas bears extended their streak to four on Wednesday, slashing futures prices even further amid renewed disagreement in the models regarding a late-October weather system as well as lofty production. The November Nymex gas futures contract settled at $5.462/MMBtu, down 28.3 cents on the day. Notably, steep double-digit losses extended through all of 2023.…

U.S. industries will need more independently certified natural gas to reach climate targets, Williams’ Brian Vogt, director of new energy ventures, said, but first, companies have to build trust in low-carbon fuels. Vogt said a lack of transparency and established measures in the certified natural gas space have left investors and international LNG buyers skeptical…

Driven by the Haynesville Shale and the Permian Basin, natural gas production from seven key Lower 48 plays is set to surge 554 MMcf/d from October to November to more than 95 Bcf/d, according to updated modeling from the Energy Information Administration (EIA). In its latest Drilling Productivity Report (DPR), published Monday, EIA said it…

BP plc’s Orlando Alvarez, head of gas and power trading in the Americas, sees natural gas and other energy markets heading further into “unprecedented times” of market volatility and regulatory uncertainty, but those changes don’t all have to be challenges for the industry. During a keynote address at LDC Gas Forums’ Gulf Coast Energy Forum…

Forecasts for dramatic warm-up after this week’s snowy, chilly week sent natural gas futures prices tumbling on Monday. The November Nymex gas futures contract plummeted 45.4 cents to $5.999/MMBtu, while December futures dropped 34.8 cents to $6.479. At A Glance: Forecasts point to warm late October U.S. production back above 100 Bcf/d Cold temps seen…