Midstream

Biden Restricts Drilling and Mining in Alaska Wilderness, Angering State Leaders

This post was originally published on this site The U.S. took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the U.S. reliant on foreign resources. However, the measures won’t affect ConocoPhillips’ $8 billion Willow project.

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Hurricane Season Said to Potentially Test ‘Operational Limits’ of Natural Gas Storage, Infrastructure

This post was originally published on this siteForeseeable risks from swelling natural gas inventories and an active hurricane season in the Atlantic Basin could bring more volatility to commodity prices in the coming months, a market expert said this week at an industry conference. The looming threat of hurricanes, which forecasters are predicting to be

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Liberty CEO Says ‘Generational Shift’ in Sight for Natural Gas as AI to Fuel Strong Demand

This post was originally published on this siteLiberty Energy Inc. CEO Chris Wright said Thursday he does not expect exploration and production customers to increase their onshore natural gas activity before the end of this year, but a lack of activity will not be a stumbling block to advance future opportunities. The oilfield services (OFS)

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North Dakota Natural Gas Production Rebounds from Winter Outages as Prices Still at Historic Lows

This post was originally published on this siteNatural gas production in North Dakota averaged 3.36 Bcf/d in February, up 12% month/month, according to the state’s Department of Mineral Resources (DMR). February “was a very good month for the state, recovering from the late-December/early-January winter weather,” said DMR’s Lynn Helms, Oil and Gas Division director, during

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Slight Pullback for Natural Gas Futures Early as Shoulder Season Balances in Focus

This post was originally published on this siteNatural gas futures eased lower at the front of the curve early Friday as the market continued to assess balances following updated storage data that landed in line with expectations. The May Nymex contract was down 2.6 cents to $1.731/MMBtu at around 8:30 a.m. ET. The U.S. Energy

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Natural Gas Futures Hold Onto Weather-Driven Gains as Storage Print Comes In-Line

This post was originally published on this siteNatural gas futures gained on Thursday, supported by colder forecasts for next week and a government inventory report that showed supplies did not grow faster than expected. At A Glance: EIA reports 50 Bcf injection Forecasts colder for next week Production at 97.8 Bcf/d Coming off two days

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Black Bear Transmission's Ozark Supply Access Project Now In Service

This post was originally published on this site The project includes two miles of natural gas loop pipeline, a new compressor station, and two new pipeline interconnects. These additional facilities will create access to new supply interconnections with major interstate pipelines from the east end of the Ozark Transmission system.

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Heavy Supply Overhang, Enduring West Texas Price Pressure Weigh Down Natural Gas Forwards

This post was originally published on this siteLofty levels of natural gas in storage and a severe Permian Basin supply glut continued to cloud the outlook for prices. Natural gas forward prices fell in every region during the April 11-17 trading period, NGI’s Forward Look data show. Levels remained well below the $2.00/MMBtu level across

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