Tuesday, December 24, 2024

U.S. Natural Gas Production Hit Record High 79 Bcf/d in 2015

Pennsylvania, Ohio, West Virginia, Oklahoma and North Dakota account for 35% of total natural gas production – EIA expects NatGas production growth in 2017 for industrial use and LNG exports Natural gas production in the United States grew 5% last year. The growth brought total production to a record high of 79 Bcf/d for 2015, even as the rig count

OPEC prepares for its 171st meeting to decide on production cuts

Kuwait Oil Workers Plan to Strike During Doha Freeze Meeting on Sunday

Concerns over a government payroll overhaul prompt oil workers to strike in Kuwait Concerns over pay and benefits have led oil and gas unions in Kuwait to call for a strike starting the same Sunday as the production freeze talks are set to be help between OPEC and non-OPEC members in Doha, Qatar. Thousands of workers in state-owned oil and

Rig Count Falls to 440

Total U.S. rig count falls by 1% The total U.S. rig count fell by just three rigs in the week ended April 15, 2016, a decline of 1%. The three rigs laid down this week were all oil-seeking rigs, with the total number of oil rigs now at 351. The number of rigs targeting gas remained unchanged at 89. On