Shale Daily

Mexico’s CFE Ramping Up Natural Gas Exports from U.S.

Mexico’s CFE Ramping Up Natural Gas Exports from U.S.

A U.S. subsidiary of Mexico’s state power company Comisión Federal de Electricidad (CFE) posted a 14% year/year increase in pipeline natural gas exports from the United States to Mexico during the second quarter, according to the U.S. Department of Energy. The subsidiary, CFE International LLC (CFEi), exported 298,963 MMcf or 3.3 Bcf/d under short-term contracts…

December 1, 2022
Repsol Supplying 400 MMcf/d of Certified Marcellus Natural Gas 

Repsol Supplying 400 MMcf/d of Certified Marcellus Natural Gas 

Spain’s Repsol SA has certified all of the 400 MMcf/d of natural gas it produces in the Marcellus Shale in Pennsylvania as responsibly sourced, the company announced last month. Repsol’s production from more than 680 wells was certified under the standards set by nonprofit MiQ. The assessment process took place over a six-month period, according…

December 1, 2022
Can the Recent U.S. Natural Gas Production Uptick Continue Into 2023? – Listen Now to NGI’s Hub & Flow

Can the Recent U.S. Natural Gas Production Uptick Continue Into 2023? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, in which Patrick Rau, NGI’s Director of Strategy and Research, takes a look at the recent U.S. natural gas production trend, whether it is sustainable into the new year, and what it all means for prices going forward. Acknowledging that the pace…

December 1, 2022

Correction

In the story, “Cabot Successor Pleads No Contest to Water Contamination Charges in Northeast Pennsylvania,” NGI incorrectly stated that Coterra pleaded no contest to all charges related to alleged environmental crimes in Northeast Pennsylvania. The company pleaded no contest to one misdemeanor count of Prohibition Against Discharge of Industrial Wastes. NGI regrets the error.

December 1, 2022
Cabot Successor Pleads No Contest to Water Contamination Charge in Northeast Pennsylvania

Cabot Successor Pleads No Contest to Water Contamination Charge in Northeast Pennsylvania

Coterra Energy Inc. has agreed to pay more than $16 million to build a new public water supply system in Dimock, PA, to resolve charges that its predecessor, Cabot Oil and Gas Corp., contaminated residents’ well water over a decade ago during unconventional natural gas development in the area. Coterra, formed in 2021 after Cabot…

November 30, 2022
Domestic Oil Output Steady as Demand Flatlines Around Thanksgiving; OPEC-plus Mulls More Cuts

Domestic Oil Output Steady as Demand Flatlines Around Thanksgiving; OPEC-plus Mulls More Cuts

U.S. crude production held steady last week while demand ticked lower even amid Thanksgiving holiday travel. Oil prices pushed higher Wednesday, though gains developed prior to the government data release. Market speculation that OPEC and its allies could further slash production through this year and into 2023 propelled bulls. Brent crude prices hovered around $85/bbl…

November 30, 2022
U.S. Natural Gas Holds Key to Mexico LNG Projects, Power Plants

U.S. Natural Gas Holds Key to Mexico LNG Projects, Power Plants

Mexico has big plans to become an LNG export powerhouse, but it might not have the pipelines or available capacity to do so, according to experts. “Is there enough capacity and pipelines to support these projects? I don’t think so,” said the head of the Gadex consultancy, Eduardo Prud’homme, at the LDC Gas Forums’ U.S.-Mexico…

November 30, 2022
Proposed BLM Rule Would Impose Royalties on Vented, Flared Natural Gas from Federal Leases

Proposed BLM Rule Would Impose Royalties on Vented, Flared Natural Gas from Federal Leases

The Department of the Interior (DOI) unveiled a proposed rule on Monday to curb methane pollution from oil and gas operations on federal and tribal lands, in part by imposing royalties on vented or flared natural gas.  The rule drafted by DOI’s Bureau of Land Management (BLM) would require operators to strengthen methane mitigation efforts…

November 29, 2022
Equitrans Plugs Pennsylvania Natural Gas Storage Well After Losing Over 1 Bcf/d in Leak

Equitrans Plugs Pennsylvania Natural Gas Storage Well After Losing Over 1 Bcf/d in Leak

Equitrans Midstream Corp. has flooded a natural gas storage well that had leaked for more than 10 days, releasing over 1 Bcf into the atmosphere, according to preliminary estimates.  Spokesperson Natalie Cox told NGI the leak was discovered on Nov. 6. The company worked through a series of setbacks with Texas-based Cudd Well Control to…

November 29, 2022
Freeport LNG on Track for December Restart – Listen Now to NGI’s Hub & Flow

Freeport LNG on Track for December Restart – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI LNG editors Jamison Cocklin and Jacob Dick walk listeners through the latest on the Freeport LNG outage.  They discuss when the terminal on the Upper Texas Coast is likely to restart operations after a June explosion knocked the liquefied natural gas…

November 29, 2022
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