Midstream

Frigid Northern Weather Sends November Natural Gas Bidweek Prices Soaring

This post was originally published on this siteNatural gas prices surged in November bidweek trading as markets absorbed the sudden demand impacts of frosty winter blasts that permeated the Mountain West and the nation’s midsection. NGI’s November Bidweek National Avg., which traded Oct. 25-27, climbed 85.5 cents month/month to $3.135/MMBtu. However, it still came in […]

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Latin America Among Global E&P Markets Outpacing North America, Say Oilfield Services Execs

This post was originally published on this siteInternational markets including Latin America are now showing more robust upstream activity growth than North America, according to the top oilfield services firms. The management teams of SLB, Halliburton Co., Baker Hughes Co. and Weatherford International plc said exploration and production (E&P) projects outside of North America, particularly

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U.S. LNG Traffic Faces Further Pressure from Panama Canal Limits Amid Drought – The Offtake

This post was originally published on this siteA roundup of news and commentary from NGI’s LNG Insight The Panama Canal Authority said this week that it would reduce the number of vessels that can transit the waterway from 32 to 25 on Nov. 3. Daily transits would be further cut to 24 on Nov. 8,

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Nigeria’s Path to Become a Global LNG Power Player Still Blocked by Critical Hurdles – Column

This post was originally published on this siteEditor’s Note: This column is part of a regular series by industry veteran Brad Hitch for NGI’s LNG Insight dedicated to addressing the complexities of the global natural gas market. In July of last year, facing the prospect of its first winter without access to LNG supply, the

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Chesapeake Prepared to Expand Natural Gas Drilling in 2024 Ahead of LNG Export Growth

This post was originally published on this siteChesapeake Energy Corp. has turned to another global commodity trader to help expose more of its U.S. natural gas production to international markets, inking a tentative deal with Vitol Inc. to sell up to 1 million metric tons/year (mmty) of LNG. The heads of agreement (HOA) follows one

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December Natural Gas Futures Prices Shoot Higher Tuesday as Frosty North Drives Demand

This post was originally published on this siteNatural gas futures rallied on Tuesday, marking a stark reversal from the start of the week, as both LNG and near-term domestic-weather demand held strong and production ticked lower. At A Glance: Output below 102 Bcf/d Weather outlook mixed LNG calls holding strong Coming off a 13.1-loss on

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Antero Sees LNG, Power Burn and Muted Production Growth Boosting Natural Gas Prices

This post was originally published on this siteThe management team of Antero Resources Corp. expects a slew of demand and supply side factors to align in a bullish pattern for U.S. natural gas prices over the next year. CEO Paul Rady outlined his reasoning upon announcing third quarter earnings for the Appalachian Basin pure-play. $(“.wp-post-image”).wrap(““);

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