Rystad

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight Tellurian Energy Inc. has named Charif Souki as executive chairman. Souki co-founded the company in 2016 and had been serving as nonexecutive chairman. The company is looking to better leverage his “marketing expertise and relationships” as its Driftwood LNG export project in Louisiana has struggled…

June 23, 2020
‘Inevitable’ Downturn Seen in U.S. NGL Production, but Midstreamers Appear Optimistic

‘Inevitable’ Downturn Seen in U.S. NGL Production, but Midstreamers Appear Optimistic

A sharp recovery in natural gas liquids (NGL) production projected in the Permian Basin won’t be enough to stave off a dramatic decline in overall U.S. output, which Rystad Energy is forecasting will tumble to under 4.2 b/d in 2021.

June 17, 2020
U.S. Oil, Gas Jobs Lost Since Lockdowns Estimated at 100,000-Plus, with Wages Seen Falling 8-10% in 2021

U.S. Oil, Gas Jobs Lost Since Lockdowns Estimated at 100,000-Plus, with Wages Seen Falling 8-10% in 2021

Hunkering down for Covid-19 has led to plenty of analysis about the loss in energy demand, but Rystad Energy has put a human face on the real tragedy, determining that more than 100,000 oil and gas jobs across the United States have been lost, most within necessary support activities.

June 12, 2020
Oil Market Tightening Said Imminent As OPEC-plus Extends Cuts Another Month

Oil Market Tightening Said Imminent As OPEC-plus Extends Cuts Another Month

The Organization of the Petroleum Exporting Countries and its allies, aka OPEC-plus, on Saturday agreed to extend May and June oil supply cuts for another month to continue rebalancing an oversupplied global crude market.

June 8, 2020
OPEC, Allies Extend Supply Cuts Another Month, Signaling Tightened Market Ahead

OPEC, Allies Extend Supply Cuts Another Month, Signaling Tightened Market Ahead

The Organization of the Petroleum Exporting Countries and its allies, aka OPEC-plus, on Saturday agreed to extend May and June oil supply cuts for another month to continue rebalancing an oversupplied global crude market.

June 8, 2020
Majors Seeking to Streamline Portfolios through Oil, Natural Gas Asset Sales Amid Covid-19 Impacts, Rystad Says

Majors Seeking to Streamline Portfolios through Oil, Natural Gas Asset Sales Amid Covid-19 Impacts, Rystad Says

Oil and gas companies around the world have announced plans to divest non-priority assets with recoverable reserves totaling some 12.5 billion boe since December 2019, according to new analysis by Rystad Energy.

June 3, 2020
Equinor Dominates in Renewable Investments While Other Oil Majors Face Capex Cuts

Equinor Dominates in Renewable Investments While Other Oil Majors Face Capex Cuts

Over the next five years, the world’s oil majors are expected to invest up to $17.5 billion into solar and wind energy projects, a Rystad Energy analysis projected.

June 1, 2020
U.S. Oil, Natural Gas Rig Count at Record Low as Demand Recovery Sputters

U.S. Oil, Natural Gas Rig Count at Record Low as Demand Recovery Sputters

U.S. oil and natural gas drilling activity has hit its lowest point since Baker Hughes Co. began publishing rig count data in 1987, the Energy Information Administration (EIA) said Wednesday.

May 20, 2020
Haynesville Natural Gas Output Seen Down to 2023, but Henry Hub Gains Could Alter Track

Haynesville Natural Gas Output Seen Down to 2023, but Henry Hub Gains Could Alter Track

The Haynesville Shale, the second largest dry natural gas producing area in the United States, is positioned for a 20% decline in output and activity to 2023 if Henry Hub prices were to maintain an average of$1.80-1.90/MMBtu.

May 12, 2020
Lower 48 Fracking Operations Reportedly to Hit Low Point in April, with Permian Taking Biggest Hit

Lower 48 Fracking Operations Reportedly to Hit Low Point in April, with Permian Taking Biggest Hit

The historic slump in oil drilling is likely to result in the largest monthly decline in completions activity ever recorded in the United States, according to an analysis by Rystad Energy.

April 22, 2020
‹ Previous 1 2 3