Midstream

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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Oman Continues LNG Supply Push With Two New Deals – Three Things to Know About the LNG Market 

This post was originally published on this siteNO. 1: Feed gas deliveries to U.S. LNG export plants ticked back up on Thursday after recent downturns as maintenance season gets underway. Overall, U.S. feed gas demand was nominated at 10.8 Bcf, up 5% from Wednesday. Nominations for the Freeport liquefied natural gas export terminal in Texas

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ExxonMobil Greenlights Another Stabroek Project Offshore Guyana

This post was originally published on this siteExxonMobil keeps powering ahead in its offshore Guyana program even as a contract dispute and geopolitical tensions cast a shadow over the oil-rich project. The company made a final investment decision for the Whiptail development, its sixth project on the offshore Stabroek block. It has the necessary approvals

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Federal Onshore Natural Gas, Oil Drilling Costs Rising as Interior Updates ‘Outdated’ Rules

This post was originally published on this siteThe Biden administration earlier this month finalized revamped onshore natural gas and oil leasing rules, increasing the royalty rates and, for the first time in 60 years, bumping up the cost for bonding requirements. The Department of Interior’s Fluid Mineral Leases and Leasing Process final rule revised regulations

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