Recent News
Parsley Energy Well Cost Reductions Expected to be 20% Below Initial Budget for 2H20 6/2/2020
Parsley Energy reported that well cost improvements made in the first half of 2020 will drive down well costs in the back half of 2020 20% below the initial 2020 budget.
Parsley Energy Returning Most of 26 Mboe/d in Shut-In Production in June; 6/2/2020
Parsley Energy cited that they expect to restore most of their 26 Mboe/d in Permian Basin production curtailments in early-June after shutting those volumes in during May.
Beyond the second quarter, Parsley's volumes are expected to gradually decline and stabilize through year-end 2020 assuming a baseline capital program.
- 6/2/2020 - Criterion Alert: Decreasing LNG Exports Now On Pace With Production Decline
- 6/1/2020 - Qatar Petroleum Signs Deal with Korean Shipyards for $19 Billion to Secure 100 Ships
- 6/1/2020 - Mexico's Libre Abordo Declares Chapter 11 due to Terminated Venezuelan Oil-for-Food Swap and US Sanctions
- 6/1/2020 - Oxy Cuts Dividend Further to $0.01/Share; Down from $0.11/Share
- 5/29/2020 - Bloomberg Reports British Diamond LNG Tanker Headed to Sabine; MarineTraffic Does Not Confirm
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Upstream
6/2/2020 - Gulfport Energy Reduced 2020 Production Guidance to 1,000-1,075 Mmcfe/d
5/29/2020 - National Fuel Gas Commences Offering of Common Stock
5/26/2020 - EQT Maintining 1.4 Bcfe/d Production Curtailment to June 30, 2020
5/15/2020 - Premier Oil Delays First Gas Production from North Sea Project to 2Q21; Seeking Bigger Stake in Project
5/12/2020 - Fitch Affirms Shell's "AA-" Rating w/ a Stable Outlook
4/29/2020 - Enterprise Calls OPEC+ Cuts "Too Little, Too Late"
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Midstream
6/2/2020 - Abu Dhabi Nearing Deal with GIP & Brookfield for Pipeline Stake Divestment
6/2/2020 - Trans Mountain Begins Construction on Pipe Segment in B.C.; Ramping Up Workforce in Coming Months
5/29/2020 - U.S. Appeals Court Upholds Order Against Keystone XL's Water Crossing Permit
5/14/2020 - Equitrans/EQM Expecting 1.6 Bcf/d Hammerhead Header Pipeline Online in 2Q20
5/14/2020 - North Dakota Regulators Approve 250 Mmcf/d Gas Processing Plant Proposed by Outrigger
4/28/2020 - Moda Midstream Places Final 500 Mbbl Crude Tank In Service
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LNG
5/29/2020 - Pieridae Planning to Start Goldboro LNG Site Prep Soon; Securing Services Outside EPC Agreement
5/29/2020 - Equinor Bringing Hammerfest LNG Back Online Following Maintenance
5/29/2020 - Delta Offshore Energy Meets w. Vietnamese Govt. to Expedite PPA on Bac Lieu LNG Project
5/26/2020 - Uniper Secures Contract for LNG Tanker for a Planned LNG Import Terminal in Germany
5/15/2020 - GAIL Halts Imports at 5 Mtpa Ratnagiri LNG Terminal Amid Monsoon Season
5/6/2020 - TechnipFMC Chosen to Design New $10B, 13 Mtpa Russian LNG Plant
Current Research
Natural Gas
- Daily Market Review - 6/2/2020
- Gas News Highlights - 6/2/2020
- LNG Biweekly Highlights - 6/2/2020
- Rockies & West Pipeline Flow Analysis - 6/2/2020
- South Central Pipeline Flow Analysis - 6/2/2020
- Midwest Pipeline Flow Analysis - 6/2/2020
- Northeast Pipeline Flow Analysis - 6/2/2020
- Southeast Pipeline Flow Analysis - 6/2/2020
- LNG Export Report - 6/2/2020
- Fundamental Natural Gas Report - 6/2/2020
- Weekly Midstream Project Updates - 6/1/2020
Crude Oil
- Crude Oil Highlights - 6/2/2020
Criterion's News Feed
- Bird Construction Awarded Contract on NW British Columbia LNG Project for Concrete Foundations & Paving - 6/2/2020
- NGL Energy Partners Reports 1Q20 Net Losses of $268MM - 6/2/2020
- Parsley Energy Well Cost Reductions Expected to be 20% Below Initial Budget for 2H20 - 6/2/2020
- Parsley Energy Returning Most of 26 Mboe/d in Shut-In Production in June; - 6/2/2020
- Pioneer Energy Services Corp. Emerges from Chapter 11 Bankruptcy - 6/2/2020
- Seadrill Limited Delisting from NYSE - 6/2/2020
- Bellatrix Exploration Closes on Deal with Spartan Delta Corp - 6/2/2020
- CenterPoint Closes on Sale of CenterPoint Energy Services to Energy Capital Partners - 6/2/2020
- Black Hills Files PPA Settlement with FERC for Wygen I Power Plant - 6/2/2020
- Templar Energy Files for Chapter 11 in Oklahoma; Selling Assets - 6/2/2020
- Gulfport Energy Reaffirms 2020 CapEx Guidance of $285-$310MM - 6/2/2020
- Gulfport Energy Issues Prelim 2021 CapEx Guidance of $300MM to Hold Production Flat - 6/2/2020
- Gulfport Energy Tacks On Additional Completion Plans to Late-2020 - 6/2/2020
- Gulfport Energy Reduced 2020 Production Guidance to 1,000-1,075 Mmcfe/d - 6/2/2020
- Angelo Gordon & Co Seeking to Raise $1.5 Billion to Buy Distressed Oil & Gas Debt - 6/2/2020