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This post was originally published on this siteNatural gas production from seven key U.S. onshore regions is set to surge to slightly shy of 94 Bcf/d from August to September, with the largest share of incremental output growth expected from the Haynesville Shale, according to updated projections from the Energy Information Administration (EIA). Total natural […]

This post was originally published on this siteWith production remaining well off recent highs and a concerning storage trajectory ahead of winter, natural gas futures rebounded to close of the week. The September Nymex gas futures contract settled Friday at $9.336, up 14.8 cents from Thursday’s close. October futures climbed 14.5 cents to $9.315. At

This post was originally published on this siteNatural gas forwards rallied from coast to coast during the Aug. 11-17 trading period as mounting storage adequacy concerns overshadowed a mild late-summer forecast, according to NGI’s Forward Look data. Fixed prices for September delivery at benchmark Henry Hub surged $1.042 during the period to $9.245/MMBtu, setting the

This post was originally published on this siteThe U.S. natural gas rig count eased one unit lower to 159 for the week ended Friday (Aug. 19), while oil activity held steady, according to updated numbers from oilfield services provider Baker Hughes Co. (BKR). Total domestic oil-directed rigs went unchanged week/week at 601. The combined U.S.

This post was originally published on this siteMexico needs to reach an agreement during the consultation period with its commercial partners in the United States-Mexico-Canada-Agreement (USMCA) as part of a dispute over energy policies, Teresa Gallegos, an expert attorney in the Mexican energy industry, told NGI’s Mexico GPI.  If it doesn’t, “Mexico will be in

This post was originally published on this siteSilverBow Resources Inc. expects to substantially grow its natural gas and liquids production this year and next and continues to enjoy “favorable basis pricing” in the Eagle Ford Shale, management said. SilverBow, which operates exclusively in the Eagle Ford and Austin Chalk formations, is targeting year/year production growth

This post was originally published on this siteRussia’s Gazprom PJSC announced plans to halt flows of natural gas to Europe through the Nord Stream 1 (NS1) system at the end of the month as the continent closes out its most volatile market week since March. The state-controlled firm disclosed Friday flows on NS1 would be