In The News

Friday, 01/18/2019

January 10, 2018 – Natural Gas Intelligence

South Texas VLCC Project to Export Oil Gains Momentum as $92M Contract Awarded

By: Leticia Gonzales

As midstream companies like Enbridge Inc. begin racing to develop deepwater export terminals along the Gulf Coast to accommodate very large crude carriers (VLCC), federal authorities have upped their efforts to deepen the country’s largest export port as the U.S. Army Corps of Engineers awarded its first contract last week for the Corpus Christi Ship Channel Improvement Project….

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Friday, 01/18/2019

December 17, 2018 – Natural Gas Intelligence

NatGas Storage Deficits, Price Volatility May Linger Past March as Coal ‘Safety Net’ Diminished

By: Jeremiah Shelor

Except under the lowest demand scenarios, natural gas inventories are on track to exit March below comparable year-ago and five-year-average levels, making shifts in weather all-important at a time of diminished gas-to-coal switching potential in the power stack, according to analysts.

A mild Christmas could assuage storage fears after hefty deficits helped prices break higher...

Friday, 01/18/2019

November 28, 2018 –

Natural Gas Prices Fall Below Zero In Texas

By: Nick Cunningham

Surging U.S. oil production in the Permian basin has helped crash oil prices. But the Permian is also home to skyrocketing natural gas production, and output is growing so fast that drillers are trying to give it away for free. When they can’t, they just burn it off into the atmosphere.

Unlike in the Marcellus shale, where natural gas is the main target, drilling in the Permian is focused entirely on crude oil. Natural gas is a nice bonus that...

Friday, 01/18/2019

November 27, 2018 – Reuters

Get your natural gas in Texas for 25 cents, if you can

By: Scott DiSavino; Editing by Steve Orlofsky and Jonathan Oatis

 (Reuters) - Next-day natural gas prices for Tuesday at the Waha hub in the Permian basin in Texas tumbled almost 80 percent to their lowest on record because of limits on the amount of gas that can move out of the region by pipeline.…

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Tuesday, 11/20/2018

November 15, 2018 – Natural Gas Intelligence

DJ, PRB Infrastructure Expanding as Natural Gas, Oil Production Increases

By Richard Nemec

With natural gas production topping 5 Bcf/d in the Niobrara formation of the Rocky Mountains, including the Powder River Basin (PRB) of Wyoming and the Denver-Julesburg (DJ) Basin of Colorado, the region is becoming a new center for infrastructure build-out.

Both of the basins are targeted for additional processing plant and pipeline capacity, according to RBN Energy LLC’s Housley Carr,...