Recent News
Matterhorn Express Reaches FID 5/19/2022
The Matterhorn Express is a proposed natural gas pipeline that will ship upwards of 2.5 Bcf/d of gas from Waha, Texas to pipelines around the Katy Texas Hub. The project is a joint effort between Whitewater, Devon, Enlink and MPLX.
Supply for the Matterhorn Express Pipeline will be sourced from multiple upstream connections in the Permian Basin, including direct connections to processing facilities in the Midland Basin through an approximately 75-mile lateral, as well as a direct connection to the 3.2 Bcf/d Agua Blanca Pipeline, a joint venture between WhiteWater and MPLX.
The Matterhorn Express Pipeline is expected to be in service in the third quarter of 2024, pending the receipt of customary regulatory and other approvals.
Tallgrass Plans to Convert ~400 Mile Natural Gas Pipeline into CO2; Agrees to Transport CO2 from ADM's Complex 5/18/2022
Tallgrass, an energy infrastructure company, has entered into an agreement with ADM.
The agreement would allow for Tallgrass' natural gas pipeline, Trailblazer, to be converted, providing CO2 transportation from ADM's corn-processing complex in Columbus, Nebraska. The carbon dioxide would then be stored in Tallgrass' Eastern Wyoming Sequestration Hub for underground storage.
For the agreement, Tallgrass would need to convert ~400-miles of its natural gas pipeline into producing 10-million-ton CO2 from Trailblazer, which runs through Wyoming, Colorado, and Nebraska.
Tallgrass also is planning its own CO2 sequestration hub in eastern Wyoming, which would be operational in 2024.
Costs for the pipeline project or sequestration hub have not been disclosed.
- 5/17/2022 - Duke Energy Creates Carolinas Carbon Capture Plan
- 5/13/2022 - Blue Bird Corp Reports Increasing Backlog of Buses at 6,600; Unveils New EV Chassis
- 5/12/2022 - Kinetik Signs Two New Gathering and Processing Agreements for 360 Mmcf/d
- 5/11/2022 - Venture Global Inks Another LNG SPA for Plaquemines LNG Facility – Now 80% Booked
- 5/10/2022 - New Fortress Energy Signs Deal to Provide 900 Mmcf/d FSRU to Netherlands in 3Q22
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Upstream
5/17/2022 - Battalion to Develop Acid Gas and Carbon Sequestration Facility in Winkler Co., Texas
5/11/2022 - Oxy Reports 1Q22 U.S. Production of 896 Mboe/d; Permian Expected to Grow in 2Q22 and Back Half of 2022
5/3/2022 - Exxon Divesting Romanian Upstream Affiliate for $1 Billion to Romgaz
5/3/2022 - Devon's Self-Owned Texas Sand Mine to Save Them >$200,000 Per Well
4/29/2022 - Exxon Reports 1Q22 Global Production of 3.7 MMBoe/d, Down -4% Q/Q
4/28/2022 - Antero Reports 1Q22 Free Cash Flow of $465MM; Projecting 2022 FCF of $2.5B
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Midstream
5/16/2022 - Diamondback Energy Agrees to Buy Rattler Midstream for $2.2B; Acquires its Common Stock
4/29/2022 - TC Energy Expecting to Complete Alberta XPress Project in Late2022/Early 2023 After Securing FERC Approval
4/28/2022 - Government of Argentina Open to Tenders on $1.5B Nestor Kirchner Pipeline
4/27/2022 - FERC Grants Authorization to Tennessee Gas Pipeline for East 300 Upgrade Project
4/6/2022 - Azerbaijan Gas Throughput Up +6.4% in January-February 2022
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LNG
4/28/2022 - ADNOC Plans to Build a 9.5 MTPA Fujairah LNG Facility on the Gulf of Oman
4/28/2022 - Glenfarne Group Still on Pace for Texas LNG Project FID in 2022
4/6/2022 - NextDecade Secures 20-Year LNG SPA w/ ENN for 1.5 Mtpa at Rio Grande LNG Facility
4/5/2022 - Venture Global Buying Natural Gas from NextEra Energy to Feed Plaquemines LNG Facility
3/28/2022 - Woodfibre Reports 2022 Approved Budget of $500MM; Spending $25MM on Pre-Construction Work in 2022
3/10/2022 - Freeport LNG Aiming to FID Freeport LNG Train 4 Expansion in Early-2023
Current Research
Natural Gas
- Natural Gas Storage Update - 5/20/2022
- West & Rockies Pipeline Flow Analysis - 5/20/2022
- South Central Pipeline Flow Analysis - 5/20/2022
- Midwest Pipeline Flow Analysis - 5/20/2022
- Northeast Pipeline Flow Analysis - 5/20/2022
- Southeast Pipeline Flow Analysis - 5/20/2022
- LNG Export Report - 5/20/2022
- Fundamental Natural Gas Report - 5/20/2022
- Early Look Natural Gas Updates - 5/20/2022
- Natural Gas Highlights - 5/19/2022
- Daily Energy News (free) - 5/19/2022
- European Daily LNG Import Storage Report - 5/16/2022
- European Daily Gas Storage Report - 5/12/2022
- Long Term Natural Gas Supply & Demand Report - 5/10/2022
- LNG Monthly Project Updates - 5/10/2022
- Monthly Midstream Project Updates - 5/10/2022
- Criterion Research Industry Alerts - 5/5/2022
Crude Oil
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Crude Oil Highlights - 5/19/2022
Power
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Daily EIA Power Stack Report - 5/11/2022
Criterion's News Feed
- ExxonMobil Sells Barnett Shale Assets - 5/19/2022
- Matterhorn Express Reaches FID - 5/19/2022
- Centennial Resources to Combine with Colgate Energy Partners - 5/19/2022
- South Korea's Daewoo Cancels Russian LNG Ship Order - 5/19/2022
- ADNOC Awards McDermott a Contract for a 9.6 Mmpta LNG Facility - 5/19/2022
- Western Energy Announces Restructuring Transaction Program for $31 Million - 5/19/2022
- China to Receive ~2 Mboe/d of Iranian Oil This Week - 5/19/2022
- Denbury-Nutrien Agrees on a 1.8 Mmpta Short-term Agreement - 5/19/2022
- Seaspan Signs Agreement for 7.7 TEU LNG Containership Newbuilds for 2024 - 5/19/2022
- PERC Water Corp Agrees to Construct a 4MM Gallon/Day Wastewater Treatment Facility for Liberty Utilities - 5/19/2022
- Golar Signs Contract to Convert Golar Arctic LNG into an FSRU - 5/19/2022
- Talos Energy Continues Talks with Mexico Regarding 8.5 Mboe/d Zama Field - 5/18/2022
- European Union Intends to Spend $300B to End Reliance on Russia's Energy Supplies by 2030 - 5/18/2022
- Finland and Sweden Apply to Join NATO - 5/18/2022
- ArcLight Announces $857 Million Acquisition; Gains 25% Equity Interest in GCX - 5/18/2022