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Low Natural Gas Prices, Elevated D&C Costs Forecast to Cool Lower 48 Activity
Shale Daily – Natural Gas Intelligence Mar 24, 2023 | 15:38 pmThe decline in U.S. natural gas prices, combined with elevated costs to drill a well, are forecast to slow down drilling and completions (D&C) activity in the gassy basins of the Lower 48. Rystad Energy Vice President Serik Omarov in[…]
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AGA Touts Natural Gas’ Role in Agriculture, Says Stronger Policies Needed to Support Supplies
Shale Daily – Natural Gas Intelligence Mar 24, 2023 | 14:41 pmAny restrictions or outright bans on natural gas would have severe implications for the U.S. agricultural sector and the nation’s food supply, the American Gas Association (AGA) warned in a new study. As policymakers across the world weigh the role[…]
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Chubb Mandates Natural Gas, Oil Clients Reduce Methane Emissions to Obtain Insurance
Shale Daily – Natural Gas Intelligence Mar 24, 2023 | 13:14 pmChubb Ltd., the world’s largest publicly traded property and casualty insurer, has updated underwriting criteria for natural gas and extraction projects to require clients to reduce methane emissions. The Swiss-based insurer, which collaborated with stakeholders on the criteria, has most[…]
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Texas Natural Gas Big Part of Mexico Nearshoring Appeal — Column
Shale Daily – Natural Gas Intelligence Mar 23, 2023 | 20:55 pmEditor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The big investment news in Mexico is[…]
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NGI LNG Columnist Brad Hitch Talks Big Changes in Global Natural Gas Market – Listen Now to NGI’s Hub & Flow
Shale Daily – Natural Gas Intelligence Mar 23, 2023 | 19:17 pmClick here to listen to the latest episode of NGI’s Hub & Flow. Senior LNG editor Jamison Cocklin and special contributor Brad Hitch discuss Hitch’s new column that was launched for NGI’s LNG Insight earlier this year. Hitch, an industry[…]
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Svante, GE Looking to Capture Carbon from Natural Gas Turbines
Shale Daily – Natural Gas Intelligence Mar 23, 2023 | 16:06 pmSvante Inc., considered to be a leader in carbon capture technologies, and General Electric (GE) Gas Power have partnered to to decarbonize natural gas-fired turbines. The joint development agreement (JDA) was reached a few months after GE agreed to help[…]
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TC Eyes Haynesville Natural Gas as North America Growth Driver
Shale Daily – Natural Gas Intelligence Mar 23, 2023 | 13:13 pmAs TC Energy Corp. plans to continue investing billions to expand North American natural gas pipeline capacity through the decade, CEO Francois Poirier said political momentum for permitting reform and an appreciation for infrastructure could pave the way for expansions[…]
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U.S. Natural Gas Production, LNG Exports Expected to Grow Through 2050, EIA Forecasts
Shale Daily – Natural Gas Intelligence Mar 22, 2023 | 18:19 pmU.S. natural gas production and LNG exports are likely to grow between now and 2050 with domestic gas consumption dropping only slightly, according to the Energy Information Administration (EIA). All of the scenarios modeled in EIA’s latest Annual Energy Outlook[…]
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U.S. Oil Production Returns to 2023 Peak Level; Demand Rises Despite Fresh Worries
Shale Daily – Natural Gas Intelligence Mar 22, 2023 | 16:06 pmDomestic crude production climbed back to the high mark of the pandemic era as U.S. consumption of petroleum products increased and mounting Chinese demand fueled global growth expectations. American exploration and production (E&P) firms boosted output by 100,000 b/d to[…]
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NGI LNG Columnist Brad Hitch Talks Big Changes in the Global Natural Gas Market – Listen Now to NGI’s Hub & Flow
Shale Daily – Natural Gas Intelligence Mar 22, 2023 | 14:34 pmClick here to listen to the latest episode of NGI’s Hub & Flow. Senior LNG editor Jamison Cocklin and special contributor Brad Hitch discuss Hitch’s new column that was launched for NGI’s LNG Insight earlier this year. Hitch, an industry[…]
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