Energy Update
(Fri, 01 May 2020) EIA presents a series of structure and thickness maps of the Wolfcamp shale play of the Midland Basin, which is a part of the larger Permian Basin. These maps provide data on the structure, thickness, and play extents of Wolfcamp A, B, C, and D benches in the Midland Basin.
(Mon, 30 Mar 2020) Natural gas exportsâa combination of natural gas delivered to Mexico by pipeline plus liquefied natural gas (LNG) feedstock receipts at liquefaction terminals in the Lower 48 statesâhave averaged more than 15 billion cubic feet per day (Bcf/d) during the past week (March 24â30), the highest weekly average ever, according to IHS Markit data.
(Fri, 06 Mar 2020) Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region during the next several years. According to the U.S. Energy Administration's (EIA) tracking of natural gas pipeline projects, four pipelines are expected to increase compression in their systems by 2023, adding more than 350 million cubic feet per day (MMcf/d) of natural gas pipeline capacity into the region.
(Wed, 04 Mar 2020) EIA presented results from four alternative policy scenarios to the <em>Annual Energy Outlook 2020</em> published in an <em>Issues in Focus</em> article. The article and the presentation examined the potential effects of a range of alternative energy policies on the future U.S. electric power sector through 2050.
(Tue, 03 Mar 2020) The Permian Basin Report contains a review of the Wolfcamp, Bone Spring, and Delaware shale plays of the Delaware Basin, which is part of the larger Permian Basin. The report presents the geologic framework, reservoir properties, and hydrocarbon production history and trends for these plays along with geological cross-sections and producing formation structure and thickness maps.
(Fri, 28 Feb 2020) EIA presents a series of alternative cases to the <em>International Energy Outlook 2019</em> (IEO2019) that vary renewable technology capital costs to see the resulting effects on projected electricity capacity and generation in high and low demand growth regions. An analysis of the results is presented in an <em>Issue in Focus</em> article.
(Fri, 21 Feb 2020) On February 5, 2020, the Independent System Operator for New England (ISO-NE) announced the results of its 14th annual Forward Capacity Market (FCM) auction. ISO-NE holds the auctions to ensure that the New England power system will have sufficient electricity supply resources to meet the future demand for electricity. In this most recent auction, ISO-NE secured electric generating capacity covering June 1, 2023, through May 31, 2024.
(Fri, 21 Feb 2020) On February 5, 2020, the Independent System Operator for New England (ISO-NE) announced the results of its 14th annual Forward Capacity Market (FCM) auction. ISO-NE holds the auctions to ensure that the New England power system will have sufficient electricity supply resources to meet the future demand for electricity. In this most recent auction, ISO-NE secured electric generating capacity covering June 1, 2023, through May 31, 2024.
(Thu, 20 Feb 2020) In the U.S. Energy Information Administrationâs (EIA) February <em>Energy Outlook</em> (STEO), EIA forecasts the Lower 48 working natural gas in storage (stocks) will end the 2019–20 heating season (November 1–March 31) at 1,935 billion cubic feet (Bcf), or 243 Bcf more than the five-year average.
(Thu, 30 Jan 2020) The U.S. Energy Information Administration (EIA) reported Lower 48 statesâ net withdrawals from storage of 201 billion cubic feet (Bcf) for the week ending January 24, 2020. This weekâs estimate is the largest net withdrawal from stocks thus far in the 2019–20 heating season (October 31–March 1) and the largest total net withdrawal from working gas since EIAâs February 1, 2019 report last winter.
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