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Haynesville Shale

Permian, Haynesville Growth Highlight EIA’s Latest Lower 48 Production Forecast

Permian, Haynesville Growth Highlight EIA’s Latest Lower 48 Production Forecast

Despite projected gains from the Permian Basin and Haynesville Shale, overall natural gas production from seven key U.S. onshore regions is set to decline from April to May, according to updated figures released Monday by the U.S. Energy Information Administration (EIA). Total output from the seven regions — the Anadarko, Appalachia and Permian basins, as…

April 12, 2021
U.S. Adds 13 Rigs Amid Spring Surge in Oil Patch

U.S. Adds 13 Rigs Amid Spring Surge in Oil Patch

With activity ramping up on land and offshore, the U.S. rig count surged 13 units higher to 430 during the holiday-shortened week ended Thursday (April 1), according to data published by Baker Hughes Co. (BKR). As has often been the case recently, the increase in domestic drilling for the week was driven by the oil…

April 1, 2021
Natural Gas Rigs Down One in U.S. as Oil Count Surges by Double Digits

Natural Gas Rigs Down One in U.S. as Oil Count Surges by Double Digits

The U.S. natural gas rig count eased one unit lower to 91 for the holiday-shortened week ended Thursday (April 1), while a spring surge in the oil patch sent the overall domestic tally higher by double digits, according to data published by Baker Hughes Co. (BKR). Thirteen oil-directed rigs were added in the United States,…

April 1, 2021
CJ Express Expansion Signs on Golden Pass LNG for Additional Supply

CJ Express Expansion Signs on Golden Pass LNG for Additional Supply

A Midcoast Energy LLC subsidiary has brought the CJ Express pipeline expansion into service and inked a firm transportation deal with the Golden Pass liquefied natural gas (LNG) export project in Texas to provide additional feed gas to the terminal when it is complete.  The CJ Express was sanctioned last year. It added compression and…

April 1, 2021
Oil, Gas Activity Improving Dramatically in Permian and Beyond, Says Dallas Fed

Oil, Gas Activity Improving Dramatically in Permian and Beyond, Says Dallas Fed

Oil and natural gas activity sharply expanded during the first three months of the year in Texas, New Mexico and Louisiana, according to a survey by the Federal Reserve Bank of Dallas. Every quarter the Dallas Fed, as it is better known, surveys executives of exploration and production (E&P) firms and oilfield services (OFS) companies…

March 25, 2021
EIA Projects Continued Decline in U.S. Natural Gas, Oil Output from Key Onshore Plays in April

EIA Projects Continued Decline in U.S. Natural Gas, Oil Output from Key Onshore Plays in April

Natural gas production from seven key U.S. regions is set to fall by 316 MMcf/d from March to April, extending a downward trajectory in projected output from the domestic plays that goes back to early last year, according to new data published Monday by the U.S. Energy Information Administration (EIA). Combined output from the Anadarko,…

March 17, 2021
Declines in U.S. Production from Seven Key Plays Expected from March to April, EIA Says

Declines in U.S. Production from Seven Key Plays Expected from March to April, EIA Says

Natural gas production from seven key U.S. regions is set to fall by 316 MMcf/d from March to April, extending a downward trajectory in projected output from the domestic plays that goes back to early last year, according to new data published Monday by the U.S. Energy Information Administration (EIA). Combined output from the Anadarko,…

March 15, 2021
U.S. Rig Count Down One Amid Small Declines in Marcellus, Haynesville

U.S. Rig Count Down One Amid Small Declines in Marcellus, Haynesville

The U.S. rig count eased one unit lower to 402 for the week ending Friday (March 12) as increases in the Permian Basin and Utica Shale partially offset declines in the Marcellus and Haynesville shales, according to updated data from Baker Hughes Co. (BKR). The total number of domestic natural gas-directed rigs remained unchanged at…

March 12, 2021
Vine Energy Going Public, Says Haynesville ‘Critical’ to Future Natural Gas Demand

Vine Energy Going Public, Says Haynesville ‘Critical’ to Future Natural Gas Demand

With its focus trained on fulfilling natural gas demand on the Gulf Coast and beyond, Haynesville Shale pure-play Vine Energy Inc. is preparing to go public. The Blackstone Group LP-backed private on Tuesday priced an initial public offering (IPO) for 18.75 million common shares at $16-19 each. At those prices, Vine could raise $328 million…

March 10, 2021
Permian Smacks Down ‘Snowvid’ as More Completion Crews Go to Work

Permian Smacks Down ‘Snowvid’ as More Completion Crews Go to Work

The active number of U.S. fracture spreads jumped nearly 15% month/month in February, driven by strength in the Permian Basin, even as “Snowvid” shut in wells and sent crews packing, according to Tudor, Pickering, Holt & Co. (TPH). Data compiled by TPH indicated that oilfield services (OFS) operators increased the number of crews working in…

March 4, 2021
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