EIA Nudges Crude Price Predictions Upward
EIA STEO
Amid global uncertainty and ongoing discipline from OPEC-plus, the U.S. Energy Information Administration is adjusting its short-term oil price expectations.
LNG Exports Have Negligible Effect on Consumers’ Prices
LNG’s Domestic Effects
Given the oil and gas industry’s track record of increasing natural gas production to meet new demand, natural gas consumers need not worry that LNG exports will increase their costs. In fact, prices have fallen significantly since LNG exports began.
Operators Keep Eyes Open For Emerging Opportunities To Grow Permian Positions
March 2024 Cover Story
The United States is the world’s largest natural gas producer. It only stands to reason that the nation’s huge endowment of clean-burning natural gas resources should represent a foundational cornerstone of any efforts to update and modernize the domestic electricity grid.
Haynesville Shale Operators Leverage Advantaged Position With LNG Exports Poised To Grow
March 2024 Editor's Choice
In December 2023, U.S. liquified natural gas exports reached an all-time monthly high of 8.6 million tons, which was up threefold from three years earlier. To feed that demand, natural gas flows to the “big seven” U.S. LNG export plants climbed to an average of 14.7 billion cubic feet a day, also a record.
Scanner Allows Techs To Find Methane Leaks During Routine Maintenance
March 2024 Markets & Analytics
Methane leaks can be expensive. If a spark ignites gas leaking from a compressor and the engine catches fire, the cost to repair or replace equipment easily can reach $1 million or more, even after accounting for insurance.
New Setting Tool Reduces Waste
March 2024 Frac Facts
The quest to set and meet environmental, social and governance standards is becoming an increasingly important part of oil and gas companies’ activities. Organizations, along with their employees and wider communities, are committed more than ever to identifying and addressing risks to achieve a culture of safety and operational excellence. By valuing integrity and sustainability in downhole operations, the oil and gas industry can work to build a brighter future for the world around us.
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