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The Waha Hub in West Texas became infamous in 2024 for something that sounded absurd until you understood the mechanics: natural gas prices went deeply negative. On multiple occasions throughout 2024, Waha spot prices fell below zero — meaning producers were effectively paying to have their gas taken away. By early

The upstream oil and gas industry is experiencing a genuine technological transformation — not the AI-hype version that fills press releases, but the kind measured in dollars per foot drilled, barrels produced per well, and days spud-to-TD. The numbers from 2023–2025 make the efficiency gains impossible to dismiss. Lateral lengths

The U.S. LNG export boom is no longer a future story — it's present tense and the upstream implications are being felt in real-time. As of mid-2025, U.S. LNG export capacity stands at approximately 14–15 Bcf/d following the addition of Sabine Pass Train 6, Freeport

Six months into 2025, the upstream oil and gas industry delivered a performance that surprised almost nobody who was paying attention — and confused everyone who wasn't. WTI averaged roughly $69/bbl through the first half, a number that looks stable in isolation but masked considerable volatility: a Q1

Why Summer Storage Matters More Than You Think The natural gas market's summer "fill season" runs roughly April through October, when producers, utilities, and gas marketers inject natural gas into underground storage to build inventory ahead of winter withdrawal demand. It's one of the