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Bring Me to Life – Bridger Pipeline Aims to Create 550-Mb/d Outlet for Canadian Crude
Bridger Pipeline Expansion LLC — a wholly owned subsidiary of Bridger Pipeline LLC — has filed plans with the Montana Department of Environmental Quality (DEQ) for a 36-inch-diameter crude oil pipeline designed to move 550 Mb/d of Canadian production 645 …
Permian, Gulf of Mexico & Haynesville Shuffle Rigs While Total Count Remains Unchanged For Second Consecutive Week
U.S. oil and gas rig count was unchanged for the second consecutive week, holding at 551 rigs for the week ending February 20 according to Baker Hughes. Rigs were added in the Permian (+1) and All Other (+2), while the Gulf of Mexico (-2) and Haynesville …
Key to the Highway – Pipeline Buildout Set to Unlock Permian Natural Gas Production Growth Later in 2026
This year will be a tale of two halves for the prolific Permian Basin, which is so constrained when it comes to natural gas infrastructure that cash prices at the Waha Hub in West Texas have averaged just $0.06/MMBtu since the beginning of December, even …
Elevated U.S. Propane Inventories Mask Regional Tightness as Venezuela Launches LPG Exports
The EIA reported a 3.1 MMbbl draw in total U.S. propane/propylene inventories for the week ended February 13, smaller than industry expectations for a 3.4 MMbbl decline and below the average draw of 3.2 MMbbl for the week. Even with the pull, total stocks …
Bridger’s 550 Mb/d U.S. Canada Cross-Border Crude Pipeline Play
Bridger Pipeline Expansion, LLC has filed plans with the Montana Department of Environmental Quality for a new 36-inch crude oil transmission line (yellow dashed line in map below) that would move Canadian crude roughly 645 miles south to Guernsey, …
Into the Great Wide Open — Rising Northeast Texas Gas Supply and the Race to the Gulf Coast
Northeast Texas is increasingly a key conduit for natural gas supply pushing toward rising Gulf Coast LNG demand. The region’s supply is poised to surge over the next decade, driven by new inflows from the Permian and rising local production, led by the …
U.S. - Japan Trade Deal Channels Billions Into Gas-Fired Power and Offshore Crude Export Projects
President Trump announced on Tuesday, February 17, a $550 billion trade agreement between the United States and Japan, with roughly $36 billion allocated to three major U.S. oil, gas, and critical mineral projects, according to the U.S. Department of …
Round and Round – From Basic Repairs to Long-Term Investment, Many Steps Needed to Revitalize Venezuela’s Oil Industry
The turmoil in Venezuela has been the focus of international headlines since the start of the year, when U.S. forces removed President Nicolás Maduro from power. One of the biggest questions centers on the fate of the country’s now-moribund oil sector, …
U.S. LNG Feedgas Demand Continues to Rise
U.S. LNG feedgas demand returned to full strength last week, with every terminal operating at or above contracted utilization levels. Lingering cold weather in the Northeast weighed on Cove Point and Elba Island earlier this month, but warmer …
Genesis Energy Touts Strong Results from Offshore Units
Total volumes across Genesis Energy’s CHOPS and Poseidon pipelines in Q4 2025 were up 16% from the previous quarter, driven by steady production from its legacy fields in the Gulf and strong contributions from its Shenandoah and Salamanca floating …
Bright Side of the Road – Refiners Could Benefit from Dramatic Shifts Across U.S. Markets
The U.S. is facing a significant shift in regional refinery prospects and refined product trade flows due to supply, demand and regulatory trends. This is driving the development of significant new pipelines headed west, paired with continued refinery …
Bits and Pieces, Encore Edition – LNG Exports, Data Centers Have North American Natural Gas Poised for Rapid Growth
The next four years will reshape the future of North America’s natural gas market. LNG exports are set to surge as new terminals across the U.S., Canada and Mexico come online, causing ripple effects through global energy trade and fueling new demand from …
Gas-Directed Rigs Continue Gains, Overall U.S. Drilling Activity Flat
Gas-directed drilling activity continued last week's gains, despite overall U.S. rig count remaining flat at 551 for the week ending February 13 according to Baker Hughes. Rigs were added in the Haynesville (+2), Appalachia (+1), Niobrara (+1) and Gulf of …
Discovery Off Brazil Has About 8 Billion BOE in Place: BP
There are about 8 billion boe in place in BP’s Bumerangue discovery offshore Brazil, the company said in its earnings report for Q4 2025. There is a wide range of uncertainty about the estimate and plans are being made for an appraisal program that will …
Why Can’t We Be Friends? – Proposed Refinery-Tax Law Pits Utah Against Its Neighbors
Utah legislators seeking to lower the state’s at-the-pump tax on gasoline and diesel have proposed a controversial alternative: a tax of up to 24 cents on every gallon of transportation fuel produced at Utah’s five refineries. Given that one-third or more …
Comstock to Double Western Haynesville Wells in 2026, Advances NextEra Data Center Project
Comstock Resources detailed plans to continue aggressive development of what CEO Jay Allison called "some of the most valuable gas in the world" - its 535,000 net acre position in the Western Haynesville (blue area in map below, locations of completed …
Welcome to Houston, Natural Gas Capital of the World
Widely considered the energy capital of the world, Houston, Texas has built its strategic advantage as a hub of energy commerce upon several synergistic attributes. The city is within reach of multiple prolific producing fields including the prodigious …
Two Birds, One Stone – Efforts to Plug Orphaned Oil and Gas Wells Can Help Cut Methane Emissions Too
The U.S. has been drilling for oil and natural gas for more than 160 years, and what to do with those wells once they are no longer productive has long been an issue, especially for those wells without a reliable party to manage their future re-use or …
Bearish Fundamentals Lift Crude Oil and Motor Gasoline Inventories
According to the EIA’s Weekly Petroleum Status Report (WPSR) released this morning for the week ended February 6, crude balances tilted bearish as rebounding U.S. production, stronger imports, and softer exports combined with lower refinery runs to drive …
U.S. Propane Posts Strong Draw as Inventories Remain Elevated
U.S. propane/propylene inventories posted a 5.4 MMbbl draw for the week ended February 6 — outpacing industry expectations for a 4.2 MMbbl decline and topping the five-year average draw of 3.6 MMbbl by 1.8 MMbbl. Despite the stronger-than-normal pull, …
