natural gas production

Natural gas futures were rallying early Tuesday as a drop in the latest production estimates added to the concerns of a market already skittish over supply adequacy heading into the summer cooling season.  The June Nymex contract was up 35.1 cents to $8.307/MMBtu at around 8:45 a.m. ET. July was up 34.3 cents to $8.396.…

Following a loss last week, natural gas futures bounced back on Monday as traders mulled reports of robust power burns and lighter production. The June Nymex contract gained 29.3 cents day/day and settled at $7.956/MMBtu. July rose 28.8 cents to $8.053. The prompt month had closed lower Friday and shed 5% the past week. NGI’s…

The Energy Information Administration (EIA) is modeling sizable natural gas production increases from several major plays next month, including the Appalachian Basin and the Haynesville Shale. Total natural gas production from seven key onshore regions is set to climb 750 MMcf/d from May to June, reaching 91.750 Bcf/d, the agency said in its latest Drilling…

Natural gas futures fluctuated Friday, posting an early double-digit gain before dropping deep in the red by midday amid profit-taking to close out the week. The June Nymex gas futures contract ultimately settled at $7.663/MMBtu, down 7.6 cents day/day. July declined 7.0 cents to $7.765. At A Glance: Traders take profits to close week Cooling…

Natural gas futures fluctuated Friday, posting an early double-digit gain before dropping deep in the red by midday amid profit-taking to close out the week. The June Nymex gas futures contract ultimately settled at $7.663/MMBtu, down 7.6 cents day/day. July declined 7.0 cents to $7.765. At A Glance: Traders take profits to close week Cooling…

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. The asymmetry between the energy markets of the United States and Mexico is a consequence of differences in natural resource endowments, economic…

Following erratic trading early, natural gas futures rallied for a third consecutive session Thursday on the heels of a moderately bullish storage print and forecasts for ongoing heat in near-term weather patterns. The June Nymex gas futures contract settled at $7.739/MMBtu, up 9.9 cents day/day. July gained 10.8 cents to $7.835. In a volatile week…

North American natural gas futures were choppy this week as the U.S. supply picture remained unclear and with summer heat just around the corner. Mexican buyers of U.S. gas, meanwhile, should expect even higher prices in the hot months ahead. After a steep three-day drop, the June New York Mercantile Exchange gas futures contract jumped…

Natural gas futures advanced for a second straight day on Wednesday amid expectations for summer production to trail demand, potentially pressuring storage supplies. The June Nymex gas futures contract gained 25.5 cents day/day and settled at $7.640/MMBtu. July rose 26.0 cents to $7.727. At A Glance: BREAKING: U.S. EIA reports an injection of 76 Bcf…