Haynesville Shale

Haynesville Continues Pacing Lower 48 Natural Gas Production Growth in Latest EIA Modeling

Haynesville Continues Pacing Lower 48 Natural Gas Production Growth in Latest EIA Modeling

Led by growth in the Haynesville Shale, natural gas production from seven key U.S. onshore regions is set to surge past the 96 Bcf/d mark in early 2023, according to the latest modeling from the Energy Information Administration (EIA). The agency’s latest Drilling Productivity Report (DPR), published Monday, models a combined 96.281 Bcf/d of natural…

December 13, 2022
As Haynesville Delivers Supply for Gulf Coast LNG, Could Gillis Become A Liquid Trading Hub? Listen Now to NGI’s Hub & Flow

As Haynesville Delivers Supply for Gulf Coast LNG, Could Gillis Become A Liquid Trading Hub? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, in which NGI’s Patrick Rau, director of Strategy & Research, offers his expert insight into the infrastructure projects underway to accommodate rapid natural gas growth from the Haynesville Shale in Louisiana. The new capacity is moving south to the Gulf Coast, mostly…

December 12, 2022

TotalEnergies Withdraws Directors From Novatek in Shift Away from Russia – The Offtake

TotalEnergies SE is withdrawing its representatives on PAO Novatek’s board and said it would stop accounting for its 19.4% stake in the company.

December 9, 2022
EIA Raises 2023 Natural Gas Production Forecast as Output Tops 100 Bcf/d in Late 2022

EIA Raises 2023 Natural Gas Production Forecast as Output Tops 100 Bcf/d in Late 2022

Driven by associated output from the Permian Basin, the Energy Information Administration (EIA) is raising its forecast for domestic natural gas production in 2023, according to updated projections. EIA’s latest Short-Term Energy Outlook (STEO), published Tuesday, calls for U.S. natural gas production to average 100.4 Bcf/d next year, up from its month-earlier forecast for output…

December 6, 2022
As Haynesville Delivers Supply for Gulf Coast LNG, Could Gillis Become A Liquid Trading Hub? Listen Now to NGI’s Hub & Flow

As Haynesville Delivers Supply for Gulf Coast LNG, Could Gillis Become A Liquid Trading Hub? Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, in which NGI’s Patrick Rau, director of Strategy & Research, offers his expert insight into the infrastructure projects underway to accommodate rapid natural gas growth from the Haynesville Shale in Louisiana. The new capacity is moving south to the Gulf Coast, mostly…

December 6, 2022
TC Energy Sees U.S. Natural Gas Demand Growing 27% by 2030

TC Energy Sees U.S. Natural Gas Demand Growing 27% by 2030

TC Energy Corp. is projecting U.S. natural gas demand to swell by over 27% by 2030 to about 115 Bcf/d versus 91 Bcf/d in 2021, with growth forecasted from LNG exports, power generation, industrial demand and pipeline exports to Mexico.  Although the expected growth is disproportionately led by liquefied natural gas exports, “nearly all sectors…

December 6, 2022
Natural Gas Drilling Slows in U.S. as Oil Count Rises, Latest BKR Tally Shows

Natural Gas Drilling Slows in U.S. as Oil Count Rises, Latest BKR Tally Shows

The U.S. natural gas rig count dropped two units to fall to 155 for the holiday-shortened week ended Wednesday (Nov. 23), while gains in the oil patch led the overall domestic tally two units higher to 784, according to the latest data from Baker Hughes Co. (BKR). Offsetting the natural gas declines, four oil-directed rigs…

November 23, 2022
Oil Activity Picks  Up, Natural Gas Slows Down Ahead of Thanksgiving Holiday

Oil Activity Picks Up, Natural Gas Slows Down Ahead of Thanksgiving Holiday

Driven by gains in the oil patch, the U.S. rig count added two rigs overall to reach 784 during the holiday-shortened work week ended Wednesday (Nov. 23), according to updated numbers published by oilfield services provider Baker Hughes Co. (BKR). Four oil-directed rigs were added in the United States for the period, partially offset by…

November 23, 2022
TC Energy Eyeing Increased LNG Exports From Haynesville 

TC Energy Eyeing Increased LNG Exports From Haynesville 

TC Energy Corp. is working to connect more natural gas supply from the Haynesville Shale and Western Canadian Sedimentary Basin (WCSB) with LNG export demand, management said last week. CEO François Poirier hosted a call on Wednesday (Nov. 9) to discuss the Calgary-based pipeline juggernaut’s third quarter earnings. Poirier and his team highlighted the $400…

November 18, 2022
Spurred by Haynesville, Appalachia, Lower 48 Natural Gas Output to Continue Climbing in December

Spurred by Haynesville, Appalachia, Lower 48 Natural Gas Output to Continue Climbing in December

The Haynesville Shale and the Appalachian Basin will lead continued growth in domestic natural gas production from November to December, with output from seven key U.S. regions set to rise more than 500 MMcf/d month/month to nearly 96 Bcf/d, according to updated modeling from the Energy Information Administration (EIA). In its latest Drilling Productivity Report…

November 15, 2022