Gas
![Gas](/cache/01-20/RIG-152.828aa494.jpg)
2020, January, 27, 14:10:00
U.S. RIGS DOWN 2 TO 794
U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244
![Gas](/cache/01-20/GAS-176.bd12adee.jpg)
2020, January, 24, 13:20:00
U.S. GAS EXPORTS UP TWICE
The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.
![Gas](/cache/01-20/ENERGY-111.3f8a1ba7.jpg)
2020, January, 24, 13:15:00
OIL, GAS ENERGY TRANSITION
The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.
![Gas](/cache/01-20/electricity-9.7018f7d1.jpg)
2020, January, 24, 13:10:00
GLOBAL RENEWABLE ELECTRICITY UP 20%
global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease 13%, representing only 22% of the generation mix in 2050.
![Gas](/cache/01-20/Baker-Hughes-31.2734672e.jpg)
2020, January, 24, 12:50:00
BAKER HUGHES NET INCOME $128 MLN
Orders of $6.9 billion for the quarter, down 11% sequentially and up 1% year-over-year
Revenue of $6.3 billion for the quarter, up 8% sequentially and up 1% year-over-year
GAAP operating income of $331 million for the quarter, up 11% sequentially and down 13% year-over-year
![Gas](/cache/01-20/usa-43.947a207e.jpg)
2020, January, 22, 12:50:00
U.S. PRODUCTION: OIL + 22 TBD, GAS + 65 MCFD
Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .
![Gas](/cache/01-20/NORD-STREAM-101.8206e440.jpg)
2020, January, 22, 12:45:00
U.S. SELLS LNG FOR EUROPE
Since US LNG exports from the Lower 48 began in February 2016, Europe has received 28.3 Bcm of gas equivalent,
![Gas](/cache/01-20/LNG-221.21fa2c5f.jpg)
2020, January, 22, 12:40:00
U.S. LNG PRODUCTION UP TO 9 BCFD
Total US LNG feedgas volumes reached a new all-time high of 9.4 Bcf/d Tuesday, after exceeding 9 Bcf/d for the first time on January 19.
![Gas](/cache/01-20/AUSTRALIA-65.1d0b9259.jpg)
2020, January, 22, 12:25:00
AUSTRALIA'S SANTOS SALES REVENUE UP 10%
Australia's Santos record annual sales revenue of over $4 billion, up 10%, generated from sales volumes of 94.5 mmboe
![Gas](/cache/01-20/CARBON-4.ff63050c.jpg)
2020, January, 22, 12:20:00
ADNOC, ENI CARBON COOPERATION
The Abu Dhabi National Oil Company (ADNOC) signed today, a strategic framework agreement with Italy’s energy company, Eni, to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional strategic opportunities in research and development (R&D) across the oil and gas value chain.
![Gas](/cache/01-20/SCHLUMBERGER-32.992c9004.jpg)
2020, January, 22, 12:05:00
SCHLUMBERGER NET LOSS $10 BLN
Schlumberger CEO Olivier Le Peuch commented, “Full-year revenue for 2019 was $32.9 billion, a level essentially flat with 2018. Overall performance was positive—particularly in the international markets—and we generated $2.7 billion in free cash flow, which was a remarkable achievement under these market conditions. Full-year pretax segment operating margin of 12%, however, was slightly down year-on-year.
![Gas](/cache/01-20/NORWAY-10.bfde2327.jpg)
2020, January, 20, 11:50:00
NORWAY'S DECEMBER PRODUCTION 2.082 MBD
Norway's preliminary production figures for December 2019 show an average daily production of 2 082 000 barrels of oil, NGL and condensate, which is an increase of 95 000 barrels per day compared to November.
![Gas](/cache/01-20/RIG-151.d793cdc4.jpg)
2020, January, 20, 11:30:00
U.S. RIGS UP 15 TO 796
U.S. Rig Count is up 15 rigs from last week to 796, Canada Rig Count is up 41 rigs from last week to 244
![Gas](/cache/01-20/DUTCH-17.9cd0e699.jpg)
2020, January, 17, 11:15:00
NETHERLAND'S GRONINGEN GAS DOWN
A production cap has been put in place to prevent earthquakes linked to gas extraction at Groningen and the Dutch government plans to phase out gas extraction at the field completely by mid-2022.
![Gas](/cache/01-20/leviathan-1.e4e6b564.jpg)
2020, January, 17, 11:10:00
LEVIATHAN'S GAS BEGINING
In its first development phase, Leviathan has a production capacity of 1.2 Bcf/d (34 million cu m/d).