John Jacobi, non-executive director at Haynesville shale producer Comstock Resources Inc., spoke with Hart Energy’s Jessica Morales about his outlook for natural gas opportunities and the LNG market.
A self-described “proponent of natural gas,” Jacobi previously served as co-CEO of Covey Park Energy, a Dallas-based private independent focused on the Haynesville and Bossier shale gas plays. He later joined the board of directors at Comstock Resources following its acquisition of Covey Park in 2019.
Jacobi said the country obviously has “too much gas being produced at this time” but he’s still leery of projecting a great winter as it relates to natural gas demand later this year.
“I am bullish on natural gas. I think it will be higher than it is today ... but personally I don’t think we are going to see this massive recovery that others think we will,” he said. “I look at it longer term as a commodity of choice.”
Jump to a topic:
- Winter demand forecast (1:48)
- Haynesville opportunities (4:20)
- LNG market outlook (6:38)
- Covey Park strategy (10:34)
- Tough decisions ahead (14:40)
Recommended Reading
2024 E&P Meritorious Engineering Awards for Innovation
2024-11-12 - Hart Energy’s MEA program highlights new products and technologies demonstrating innovations in concept, design and application.
Fugro’s Remote Capabilities Usher In New Age of Efficiency, Safety
2024-11-19 - Fugro’s remote operations center allows operators to accomplish the same tasks they’ve done on vessels while being on land.
Understanding the Impact of AI and Machine Learning on Operations
2024-12-24 - Advanced digital technologies are irrevocably changing the oil and gas industry.
Small Steps: The Continuous Journey of Drilling Automation
2024-12-26 - Incremental improvements in drilling technology lead to significant advancements.
Companies Hop on Digital Twins, AI Trends to Transform Day-to-day Processes
2024-10-23 - A big trend for oil and gas companies is applying AI and digital twin technology into everyday processes, said Kongsberg Digital's Yorinde Lokin-Knegtering at Gastech 2024.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.