Andrew Baker

Coterra Energy Inc. is planning to curtail about 275 MMcf/d of Marcellus Shale natural gas volumes from August through September because of expected low netbacks, according to management.

Devon Energy Corp. expects its Permian Basin natural gas production to increase along with its exposure to premium Gulf Coast pricing once the Matterhorn Express and Blackcomb pipelines enter service, according to management.

Energy Transfer LP is expecting to make a final investment decision (FID) within months on the proposed 1.5-2.0 Bcf/d Warrior Natural Gas pipeline to move supply from the Permian Basin.

Spain’s Repsol SA hopes to take a final investment decision (FID) to develop a recently announced oil and gas discovery offshore Mexico within the next two years, according to CEO Josu Jon Imaz San Miguel.

TC Energy Corp. is transporting record volumes of natural gas on its Canada, U.S. and Mexico pipeline systems, and expects demand growth to accelerate over the coming years, according to management.

Canada’s largest natural gas producer, Tourmaline Oil Corp., expects the already tight California natural gas market to become more lucrative amid rising demand and limited transport capacity.

Canadian Natural Resources Ltd. is tapping the brakes on natural gas production growth until prices improve, management said.

Having achieved record quarterly production of natural gas and oil in the Permian Basin during the second quarter, Chevron Corp. is keeping its foot on the accelerator into next year, according to CEO Mike Wirth.

The leading oilfield services firms during the second quarter of 2024 reported Latin America drove international revenue growth and forecast “continued strength” from the region’s activity.

Natural gas-focused mergers and acquisitions (M&A) among upstream North American firms have slowed amid a historic slump in gas prices, according to a new analysis by Enverus Intelligence Research (EIR).