Topic / E&P

Subscribe

E&P

NGI Hub & Flow Podcast Tackles Major 3Q Oil, Gas Earnings Takeaways — Listen Now

NGI Hub & Flow Podcast Tackles Major 3Q Oil, Gas Earnings Takeaways — Listen Now

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI director of strategy and research Patrick Rau analyzes the major natural gas news from third quarter natural gas earnings calls. Some of the topics that Rau explores are the growing interest in M&As, the possibility that U.S. natural…

November 24, 2020
NextTier, NOV Testing E-Fracking Prototype for Lower 48 Well Sites

NextTier, NOV Testing E-Fracking Prototype for Lower 48 Well Sites

Oilfield services operator NexTier Oilfield Solutions Inc. is collaborating on field tests of National Oilwell Varco Inc.’s (NOV) electric fracturing, aka e-fracking, system to reduce emissions and equipment at well sites. The Houston-based operators plan to test NOV’s Ideal eFrac fleet, which was introduced in the third quarter. NextTier, a completions provider, works in the…

November 23, 2020
Williams, Chesapeake Clinch Natural Gas Gathering Pact for Eagle Ford, Haynesville, Marcellus and Midcontinent

Williams, Chesapeake Clinch Natural Gas Gathering Pact for Eagle Ford, Haynesville, Marcellus and Midcontinent

Tulsa-based Williams has reached a global resolution with one of its biggest customers, bankrupt Chesapeake Energy Corp., to continue to treat and move its natural gas in the Lower 48. Chesapeake filed for Chapter 11 bankruptcy protection in June to wipe out $7 billion of debt. As part of the auction process, Chesapeake last week…

November 23, 2020
Global Oil, Natural Gas Producers Commit to More Transparency in Reporting Methane Emissions

Global Oil, Natural Gas Producers Commit to More Transparency in Reporting Methane Emissions

A group of 62 oil and natural gas operators, which together represent 30% of the world’s production, agreed Monday to report their methane emissions with a “higher level” of transparency. The Oil and Gas Methane Partnership (OGMP) is a Climate and Clean Air Coalition (CCAC) initiative led by the United Nations Environment Programme (UNEP), the…

November 23, 2020
U.S. Natural Gas Coalition Well Ahead of Methane Reduction Targets

U.S. Natural Gas Coalition Well Ahead of Methane Reduction Targets

A coalition of 24 natural gas companies that are members of Our Nation’s Energy Future Coalition (ONE Future) beat its methane intensity goal by 67% in 2019, according to an annual report published by the organization. In the report, ONE Future’s member companies in 2019 registered a methane intensity number of 0.334%, beating the targeted…

November 21, 2020
MPL to Source U.S. Gas for Potential Second LNG Project on Mexico’s Pacific Coast

MPL to Source U.S. Gas for Potential Second LNG Project on Mexico’s Pacific Coast

Mexico’s Pacific Coast could see more than one natural gas export project being developed in the coming years as Asian markets increase their appetite for imports of cheap and reliable U.S. gas via the shortest transport route possible. Mexico Pacific Limited LLC’s (MPL) CEO Doug Shanda thinks his company’s liquefied natural gas (LNG) export project…

November 20, 2020
Bakken’s Robust Production Threatened by Low Prices and Biden Presidency, North Dakota Officials Say

Bakken’s Robust Production Threatened by Low Prices and Biden Presidency, North Dakota Officials Say

North Dakota officials estimate that 25% of the Bakken Shale’s output could be negatively impacted by a change in energy policy under President-elect Joseph R. Biden Jr., threatening the 7,000 state-drawn, two-square-mile spacing units that contain all of the state’s future drilling sites. Nearly half (48%) of those units include federal-owned land and/or mineral rights,…

November 20, 2020
U.S. Adds Three Natural Gas Rigs as Oil Drilling Slows

U.S. Adds Three Natural Gas Rigs as Oil Drilling Slows

The U.S. natural gas rig count climbed three units to 76 for the week ending Friday (Nov. 20), while a slowdown in the oil patch dragged the overall domestic tally slightly lower, according to the latest numbers from Baker Hughes Co. (BKR). The combined U.S. rig count fell two units overall to 310 after a…

November 20, 2020
Window to Develop Mexico Oil & Gas is Now, CNH Commissioner Says

Window to Develop Mexico Oil & Gas is Now, CNH Commissioner Says

“I think that we still have a window of time to explore and develop our natural riches, but we need to do so now,” said Sergio Pimentel, Commissioner at Mexico’s Comisión Nacional de Hidrocarburos (CNH). “If not, we are leaving these resources in the ground and could be depriving future generations of Mexican citizens of…

November 20, 2020
Slowdown in Oil Patch Sees U.S. Rig Count Ease Lower

Slowdown in Oil Patch Sees U.S. Rig Count Ease Lower

Driven by declines in the oil patch, the U.S. rig count fell two units to 310 for the week ending Friday (Nov. 20), according to the latest numbers from Baker Hughes Co. (BKR). After a five-rig decrease in oil-directed drilling, partially offset by the addition of three natural gas-directed rigs, the overall domestic tally finished…

November 20, 2020