The Midcontinent led the surge in US gas prices in Feb. 11 trading as a sharp rise in heating demand met with regional production freeze-offs, significantly tightening balances across the Continue Reading
Chesapeake Energy Corporation (NASDAQ: CHK) has announced that it has successfully concluded its restructuring process and emerged from Chapter 11. Chesapeake Energy Corporation (NASDAQ: CHK) has announced that it has Continue Reading
The US Energy Information Administration on Feb. 9 substantially increased its forecast for natural gas production in 2021 and 2022 amid expectations of more associated gas production in the Permian Continue Reading
Denver — A string of massive weekly US natural gas storage withdrawals, starting with the 192 Bcf pull reported Feb. 4, have the potential to unravel recent forecasts, and prompt Continue Reading
China was the top destination for US LNG in January for the second month in a row, amid a historic run-up in Asian spot prices and despite ongoing constraints at Continue Reading
Gas flaring in the largest U.S. shale plays has been in the spotlight since the shale revolution started. Pressure from society and ESG investors have recently turned up the heat Continue Reading
Highlights Prompt-month contract climbs 26 cents to low $2.80s Prices up 40+ cents from late-January low February outlook predicts colder temps for Midwest Prompt futures prices at the Henry Hub Continue Reading
If the recent moratorium on the issuance of federal drilling leases holds, most US production losses would occur in New Mexico, where up to 3 Bcf/d of new natural gas Continue Reading
Natural gas demand in the world saw its largest drop on record last year as COVID-19 reduced economic activity and upended all previous forecasts for continuous growth in global gas Continue Reading
The spike in Asian LNG demand in January on the back of freezing regional temperatures is not an indicator a “major” global demand rebound for the remainder of 2021, a Continue Reading
