Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post U.S. NatGas Production to Hit Record High in 2023, Demand to Fall first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
We are currently in the latest quarterly update season. In fact, we are about done with quarterly updates for the… Continue reading The post M-U Drillers Predict NatGas Price Rebound in 2024, Supplies Decrease first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
S&P Global Commodity Insights reports that natural gas production in the Marcellus/Utica has fallen this month, in April, by some… Continue reading The post M-U April NatGas Production Falls 400 MMcf/d in Ohio, SW Pa. first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Lately, we keep reading predictions that the price of natural gas, while in the basement right now (low $2 range),… Continue reading The post CoBank: The Beginning of the End for Cheap Shale Gas first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post April STEO Trims 2023 Henry Hub by Another 3% to $2.94/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Anderson King Energy Consultants, based in Dallas, Texas, advises clients in the oil and gas space on a variety of… Continue reading The post Consultant Suggests Drillers Fight Low Gas Price by Choking Wells 50% first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
We consider $2/MMBtu to be “the basement” when it comes to the price of natural gas trading at the nation’s… Continue reading The post NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The past 18 months have been a wild ride for natural gas prices. We’ve gone from years of low prices… Continue reading The post Wild Swings in NatGas Price “Here to Stay for Foreseeable Future” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
CERAWeek, happening this week in Houston, Texas, is one of (perhaps THE) premier oil and gas conferences held each year…. Continue reading The post BKV IPO On Hold, M&A Deals Falling Apart Due to Low Gas Prices first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Enverus Intelligence Research (EIR), a subsidiary of Enverus, released its latest Macro Forecaster, a report developed for the financial services… Continue reading The post Analyst Says if Haynesville Doesn’t Dial Back, M-U Will Suffer first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about… Continue reading The post March STEO Slashes 2023 Henry Hub by Another 11% to $3.02/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Even though the Freeport LNG export facility is in the midst of restarting and is now using 1.5 Bcf/d (billion… Continue reading The post NYMEX Price Crashes Following Warm 15-Day Weather Predictions first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
According to a recent Reuters article, “A 46% drop in natural gas prices this year is rippling across the U.S…. Continue reading The post Ongoing Low NatGas Prices Affecting Production, M&A, Everything first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Here’s a fact that mainstream media largely ignores: Households in the Boston area pay about 50% more for electricity than… Continue reading The post New England to See Sky-High Electricity Bills Well into the 2030s first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
This is getting painful. Are we beginning to settle into “lower for longer” once again, with natural gas prices trading… Continue reading The post NYMEX Futures Price Hits 21-Month Low, Settles at $2.68/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.