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U.S. natural gas production hit a new record high in 2018

1 week ago DieselGasoil Comments Off on U.S. natural gas production hit a new record high in 2018
March 14, 2019 U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the largest annual increase in production on record, reaching a record high for the second consecutive year. U.S. natural gas production measured as gross withdrawals averaged 101.3 Bcf/d in Read More

EIA: Increases in natural gas production from Appalachia affect natural gas flows

1 week ago DieselGasoil Comments Off on EIA: Increases in natural gas production from Appalachia affect natural gas flows
3/12/2019 WASHINGTON, D.C. — The 2019 Annual Energy Outlook (AEO2019) Reference case shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast Read More

Increases in natural gas production from Appalachia affect natural gas flows

1 week ago DieselGasoil Comments Off on Increases in natural gas production from Appalachia affect natural gas flows
March 12, 2019 The 2019 Annual Energy Outlook (AEO2019) Reference case shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast and Read More

Natural gas demand threatened by battle over home hookups

2 weeks ago DieselGasoil Comments Off on Natural gas demand threatened by battle over home hookups
By Naureen S. Malik, Jim Efstathiou Jr. and Vanessa Dezem on 3/7/2019 NEW YORK and FRANKFURT (Bloomberg) — One of the biggest threats facing the natural gas industry is in the home.  The Netherlands, once among Europe’s leading gas producers, is outlawing new residential hookups. Groups in California and the UK are pressing for the Read More

U.S. natural gas processing plant capacity and throughput have increased in recent years

2 weeks ago DieselGasoil Comments Off on U.S. natural gas processing plant capacity and throughput have increased in recent years
March 7, 2019 EIA estimates that between 2014 and 2017 natural gas processing capacity and processing throughput increased by about 5% on a net basis in the Lower 48 states, even as the number of individual plants declined. Natural gas processing plant utilization rates stayed constant at 66% from 2014 to 2017, but several states Read More

Chevron woos investors with pledge of higher returns from shale

2 weeks ago DieselGasoil Comments Off on Chevron woos investors with pledge of higher returns from shale
NEW YORK (Reuters) – U.S. oil major Chevron Corp on Tuesday pledged to restrain spending and return more cash to shareholders in a bid to lure investors, while forecasting strong annual production gains over the next five years. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company Chevron (CVX) is Read More

Cabot Oil and Gas Corporation claims 2018 as best year, so far

4 weeks ago DieselGasoil Comments Off on Cabot Oil and Gas Corporation claims 2018 as best year, so far
2/22/2019 Editors Note: Included below is an edited view of Cabot’s report, referencing upstream related results. For the full report, please visit the company’s website. Marcellus shale graphic. Photo: Cabot. HOUSTON — Cabot Oil & Gas Corporation has announced the best year of its nearly three-decade public-company history that provided record financial results, the culmination Read More

EQM expects to complete WV-VA Mountain Valley natgas pipe fourth-quarter 2019

1 month ago DieselGasoil Comments Off on EQM expects to complete WV-VA Mountain Valley natgas pipe fourth-quarter 2019
(Reuters) – EQM Midstream Partners LP said on Thursday it expects to complete the $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia in the fourth quarter of 2019 despite remaining legal challenges against the project. The company said in its fourth quarter earnings release that Mountain Valley was about 70 percent Read More