U.S. Energy Information Administration (EIA)
News
Trade War! Or Maybe Not
An energy industry that prefers stability gets hit with whiplash as it attempts to adjust to the Great Disruptor taking over the White House.
EIA Reports Smaller than Expected NatGas Withdrawal-Analysts
A mild end to February shows a surprising demand decrease for natural gas, according to analysts citing U.S. Energy Information Administration data.
EIA Reports NatGas Rig Count Fall-Off in ’23, ’24
The U.S. Energy Information Administration’s report of a falling natural gas rig count backs up statements from producers in the Appalachian and Haynesville basins.
Operators Look to the Haynesville on Forecasts for Another 30 Bcf/d in NatGas Demand
Futures are up, but extra Haynesville Bcfs are being kept in the ground for now, while operators wait to see the Henry Hub prices. A more than $3.50 strip is required, and as much as $5 is preferred.
Baker Hughes: US Drillers Add Oil, Gas Rigs for Third Week in a Row
U.S. energy firms added oil and natural gas rigs for a third week in a row for the first time since December 2023.
LNG, Data Centers, Winter Freeze Offer Promise for NatGas in ‘25
New LNG export capacity and new gas-fired power demand have prices for 2025 gas and beyond much higher than the early 2024 outlook expected. And kicking the year off: a 21-day freeze across the U.S.
EIA’s Three-Figure NatGas Withdrawal Beats Market Expectations
Natural gas storage levels are likely to remain below the U.S. Energy Information Administration’s five-year average in 2025 as demand increases for LNG, analysts said.
Energy Transition in Motion (Week of Jan. 25, 2025)
Here is a look at some of this week’s renewable energy news, including a bright outlook for solar power capacity additions in the U.S.
EIA: NatGas Storage Withdrawal Misses Forecasts by 20 Nearly Bcf
Natural gas prices fell following the release of the U.S. Energy Information Administration’s weekly storage report showing a near-20 Bcf miss on analysts’ expectations.
Targa Pipeline Helps Spark US NGL Production High in 2024
Analysts said Targa Resources’ Daytona line released a Permian Basin bottleneck as NGLs continued to grow.
US Drillers Cut Oil, Gas Rigs to Lowest Since December 2021, Baker Hughes Says
The oil and gas rig count fell by four to 580 in the week to Jan. 17.
US NatGas Storage Level Drops by 93 Bcf
Natural gas prices have stayed above $3.50 as the end of the year approaches.
EIA: Gulf Production Suffered from Eventful Hurricane Season
Oil and gas platforms under-produced in September and November, the Energy Information Administration reported.
EIA Reports 30-Bcf Drop in Stored NatGas, Missing Expectations
The withdrawal of U.S. natural gas in storage was lower than expected, but prices remain above $3.
Pickering on Permian: Marginal Barrels, Stripper Wells, More
As the Permian Basin matures and global oil demand grows, Dan Pickering, chief investment officer for Pickering Energy Partners, offers his thoughts on the basin’s future, costs, demand and the price of oil.