Western Canada Natural Gas Production Sets New Daily Record

Using data compiled for RBN’s Canadian NatGas Billboard report, we estimate that natural gas production in Western Canada reached a record daily high of 18.93 Bcf on October 16 (red dashed oval in top figure below), surpassing the previous record of 18.72 Bcf set on September 4 (black dashed oval

US Rig Count Up Slightly Led By Haynesville Gains

US oil and gas rig count was up slightly for the week ending October 20, with rigs up by 2 versus a week ago bringing the total count up to 624 according to Baker Hughes.  Rigs were added in the Haynesville (+2), Gulf of Mexico (+2) and Permian (+1), while the Niobrara (-2) and Eagle Ford (-1) bo

U.S. LNG Feedgas Heads Higher as Cove Point Returns from Maintenance

Overall LNG feedgas demand jumped up again last week as Cove Point restarted. The terminal had been offline for annual maintenance since September 20 and resumed full operations on October 12. Feedgas has been consistent with full utilization at the terminal since its restart.

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