Posts Categorized: Blogs

Recent production data from the Energy Information Administration (“EIA”) confirms the Permian basin’s dominance in the U.S. oil production landscape. Oil production in the Permian continues to set new records, with June 2023 oil production reported at a new high of ~5.8 Million barrels per day (MMBPD). This growth is… Read more »

Ammonia is one of the hottest topics in the energy market as is evident from multiple project announcements, FEED & EPC awards and in some cases positive Final Investment Decisions on large clean ammonia projects. In April, Yara and Enbridge announced they signed a letter of intent for the joint… Read more »

Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs with gas production reaching ~16.8 Bcf/d in April 2023 equivalent to ~17% of all U.S. dry natural gas production. More impressive is the 11 Bcf/d growth in gas production achieved since getting a new lease of life in 2017- that… Read more »

Growth in hydrocarbon production continues to impress the markets despite producer capital discipline and access to capital. While U.S. producers in general have shown stupendous capital control, growth continues at a striking rate – For example, Permian natural gas continues its ascent – adding ~3 Bcf/d since Jan 2022 (~99%… Read more »

With the U.S. well on its way to becoming the world’s largest liquefied natural gas export capacity by YE 2022, we wanted to take a step back and take stock of broader trends at home and abroad – in particular, the role of natural gas and LNG in the energy… Read more »

Solar and wind energy generation are increasingly prevalent in California’s CAISO electricity market, but renewables’ intermittent generation is limiting their market share. The sun doesn’t shine continuously and the wind doesn’t always blow, leaving gaps in a generation that can only be filled by nuclear, batteries, natural gas, or other… Read more »