Natural Gas News – April 19, 2019 API: U.S. Continues to Lead the World in Natural Gas Liquids, Crude Oil Production World Oil reported: The American Petroleum Institute’s latest monthly statistical report showed that the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 MMbopd, matching February 2019. In […]
Natural Gas News – April 18, 2019 Permian Activity Is Firing Up But Holding Back Regional Natural Gas Prices Forbes reported: Industry discourse suggests that the Permian Basin is powering U.S. shale oil and gas output. In fact, the hydrocarbon rich basin between western Texas and southeastern New Mexico is rarely out of energy market […]
Natural Gas News – April 17, 2019 EIA Data Shows U.S. Natural Gas Supplies Rising by 25 Bcf Department of Energy reported: Today, the U.S. Department of Energy (DOE) announced up to $39 million in federal funding for cost-shared research and development projects that aim to improve oil and natural gas technologies. The United States […]
Natural Gas News – April 16, 2019 Department of Energy Announces $39 Million for Oil and Natural Gas R&D Projects Zacks reported: The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies. However, the injection was higher than the five-year average. Stockpiles held in underground storage in the lower 48 […]
Natural Gas News – April 15, 2019 Significant Natural Gas Discovery Made Off Israel’s Shore The Jerusalem Post reported: Greek energy producer Energean has discovered a further significant natural gas reserve off Israel’s coast, the company announced on Monday. According to preliminary estimates, the latest discovery in the Karish North exploration field contains between 28 […]
Natural Gas News – April 12, 2019 Oil Companies Will Pay You To Take Natural Gas From West Texas KUT reported: Natural gas is a valuable commodity in most of the world – but not in parts of Texas. Now, in West Texas, oil well operators will pay you to take their natural gas. The […]
Natural Gas News – April 10, 2019 Explainer: Why are U.S. Natural Gas Prices in Texas Below Zero? Reuters reported: In an unusual event, U.S. natural gas prices in West Texas have been trading in negative territory for more than two weeks, largely due to a lack of pipeline space, forcing some drillers to pay […]
Natural Gas News – April 9, 2019 Total Strengthens Oman’s Natural Gas Sector World Oil reported: Total and the Ministry of Oil and Gas of the Sultanate of Oman (MOG) have signed a Heads of Agreement (HoA) for the award to Total of an exploration license on Block 12 with significant prospective gas resources. Under […]
Natural Gas News – April 5, 2019 Natural Gas Explosion Overnight in Louisiana, No Injuries Natural gas explosion overnight in Louisiana, no injuries—WAFB reported: Fires are nearly burned out after a natural gas explosion overnight in north Louisiana. News outlets report it started around midnight in Longstreet, near Logansport in DeSoto Parish. Sheriff Jayson Richardson […]
Natural Gas News – April 4, 2019 Texas Natural Gas Prices Plunge To All-Time Low Oil Price reported: Natural gas prices at the Waha hub in West Texas plummeted to record low negative levels on Wednesday, as pipeline constraints and problems at compressor stations at one pipeline stranded gas produced in the most prolific U.S. […]
