In The News

Friday, 09/13/2019

June 4, 2019 – Forbes

Threats To Shale's Strength Lurk Under the Surface

By Dan Eberhart

Oil production from the US shale sector continues to accelerate at a record pace, but a host of threats lurking beneath the surface could put the brakes on the industry’s growth this year.

Despite investor demand for capital discipline and higher returns, the shale sector’s financial performance has been spotty – a problem made worse by falling prices. A barrel of US benchmark West Texas Intermediate (WTI) crude ended Wednesday at $51.24 a...

Friday, 09/13/2019

May 24, 2019 – Natural Gas Intelligence

As Second-Wave U.S. LNG Projects Near FID, Customer Contracts More Difficult to Secure

By Leticia Gonzales

Additional infrastructure is critical to balancing the U.S. natural gas market as the country is already awash in supplies, with more on the way, but selling that story to investors is difficult, developers of second-wave liquefied natural gas (LNG) export projects said at a recent conference in Houston.

Natural gas production is set to grow by 21 Bcf/d by 2024, with a lot of the gas...

Friday, 09/13/2019

May 22, 2019 – Natural Gas Intelligence

‘Tsunami’ of Crude Output Could See Gulf Coast Bottlenecks Emerge Without New Export Capacity

By Leticia Gonzales

With U.S. crude oil exports hitting record highs earlier this year, and a tsunami of new production expected in the next couple of years, a massive bottleneck could emerge along the Gulf Coast as early as 2020, according to RBN Energy.

Crude exports reached an all-time high of 3.6 million b/d in February and have averaged just over 2.7 million b/d since the beginning of the year, with...

Wednesday, 04/03/2019

April 3, 2019 – Natural Gas Intelligence

Permian Natural Gas Spot Prices, $6-Plus In the Hole, ‘Could Get Worse’

By Jeremiah Shelor

Down, down West Texas spot prices go. Where they stop, nobody knows.

In a clear illustration of the potential inverse relationship between crude oil and natural gas prices amid supply growth in the U.S. onshore, a glut of associated gas output continued to crush spot prices in the Permian Basin on Tuesday…

Read the full article and see the video here: ...

Wednesday, 04/03/2019

March 29, 2019 – S&P Global

Permian gas price crash highlights tight market, demand for new pipeline

By Bill Holland, Ashleigh Cotting, Stephanie Tsao

Natural gas prices in the Permian Basin have gone negative, and the pain for producers may continue into autumn or beyond as shale oil production booms and pipes carrying gas out of the basin remain full.

Producers focused on shale oil have proved willing to pay buyers to take the gas off their hands because the gas must be stripped out of higher-priced crude before the oil can be sold...