BlueMark Energy, LLC

10/13/2025

https://tulsaworld.com/news/local/business/article_107ef80f-c04c-4767-a14f-ebc0b401b74e.html

Following the merger, Lone Cypress will operate as a BlueMark Energy portfolio company. The combined company will maintain its headquarters in Tulsa.

10/06/2025

06/24/2025

Happy Workversary to Shane Westbrock

06/02/2025

BlueMark Energy is pleased to announce the hiring of Cole Stanley in its Denver office. Cole is a 25-year energy industry veteran who brings a strong background and a wealth of knowledge and experience. He will be a pivotal leader in BlueMark’s wholesale and producer services efforts throughout the Rockies. Welcome to the team, Cole!

05/08/2025

https://www.skyquestt.com/report/compressed-natural-gas-market

Compressed Natural Gas Market Size & Share | Industry Growth [2032] size is projected to showcase a CAGR of over 5.6% from 2025 to 2032 and is anticipated to surpass USD 326.59 Billion by 2032.

01/22/2025

Natural gas prices dropped on Tuesday as the February NYMEX contract traded down near $3.75 after settling over $4.25 last week. As traders were balancing positions on Friday, weather maps were mostly blue signifying below normal probabilities. The latest weather model runs over the weekend shifted warmer for the 8-14 day period bringing above normal expectations into the first week of February for much of the mid continent and southeastern regions. All eyes were on the cash market over the long holiday weekend as another blast of below normal temperatures hit much of the country. The largest temperature deviations from norms occurred in the northeast where the regional daily price averages were nearly $37.00 for gas flow dates January 18th through the 21st. Prices were more reasonable in the midcontinent region where averages were just above the $9.00 mark for the same term. Pipeline freeze offs were the main concern as EBW Analytics Group reported a manageable 6-8 BCF taken offline due to the freezing temperatures. Last week analysts were expecting that number to be higher. The latest storage report from the EIA stated a draw of 258 BCF. Although the withdrawal was very high, the number fell withing market expectations.

Inventory levels now sit at 3.115 TCF, which is 111 BCF below last year and 77 BCF above the 5-year average. Crude oil traded down this week as President Donald Trump was sworn into office for his second term on Monday. His plans appear to be focused on increasing US output by speeding up the permitting process for drilling along with imposing tariffs on some imports. It is being reported that 25 percent tariffs could begin on February 1st for Mexico and Canada. The February contract traded just over $75.00 yesterday after settling over $80.00 last week. According to Baker Hughes the total rig count fell by four last week to 580 rigs. Both oil and gas rigs each fell by two. The total rig count sat at 620 one year ago. This week’s additional graphic from the EIA highlights their price forecast for crude oil in 2025 and 2026.

Brent crude averaged $81 in 2024 and is expected to average $74 in 2025 and $66 in 2026 according to their projections.

01/16/2025

Happy 5th anniversary to Charlee Indermill

01/15/2025

Continuing the theme of high volatility, we watched the February NYMEX contract trade up to $4.369 on Tuesday which is .942 cents higher than the $3.427 low that hit four trading sessions ago on January 8th. The market is focused on the rapidly changing weather forecasts and trying to gauge the impact that temperatures will have on storage. Market analysts have been all over the board as far as predicting this week’s report from the EIA, but most agree that it will surpass last year’s 154 BCF draw and the 5-year average draw of 128 BCF. Bullish analysts have speculated a draw in the neighborhood of 290 BCF while the bears are calling for a draw in the 190s. Aiding the market volatility is the fact that stronger draws could be expected if the weather forecasts move to the colder side for the balance of January. Midcontinent cash prices rallied back over the $4.00 mark this week at several hubs while Florda Zone 3 settled at $4.91 for gas day 14 flow date. Last week’s storage report stated a draw of only 40 BCF bringing the new total to 3.373 TCF. That level is three BCF below last year and 207 BCF above the 5-year average. Crude oil traded over $79.00 this week as Intercontinental Exchange (ICE) saw a record 6.1 million oil contracts trade through their platform. The increase in trading activity came as sanctions expanded last week against Russian oil. Citi Research estimates that roughly 800,000 barrels per day could be taken off the market from the sanctions. The latest rig count data from Baker Hughes reported the total rig count fell by five rigs last week to 584 rigs. Oil rigs dropped by two while gas rigs fell by three. One year ago, the total rig count was 619. This week’s additional graphic from the EIA highlights the LNG facilities that currently exist and that are under construction. Plaquemines LNG, the eighth export terminal in the US, shipped its first cargo on December 26, 2024. Plaquemines used a mid-scale liquefaction technology which has a smaller timeline for construction. Calcasieu Pass also uses this technology.

01/09/2025

High NYMEX volatility characterized the natural gas market over the last few trading sessions. Traders are focusing on the cold shot that is currently making its way through much of the country. Weather models could shoulder much of the blame for the volatility as forecasts from the American and European models recently trended in different directions. For example, overnight runs on Tuesday had the American model moving two heating degree days (HDD) colder while the European model jumped eight HDDs to the warm side. Regardless of the model runs, it appears that national demand will be strong for at least the next five days with temperatures dropping under 20 degrees for several areas in the south including Texas. The next storage report is expected to show a below normal draw due to last week’s milder temperatures but will be followed by several expected above normal draws. Currently inventory levels sit at 3.413 TCF according to the EIA. That level is 67 BCF below last year and 154 BCF above the 5-year average. Crude oil traded up over $74.00 this week as colder temperatures drive the heating fuel demand. Further support for the crude oil market is coming from the expected stimulus to the Chinese economy. The first rig count from Baker Hughes for 2025 showed no net change from the previous week. The count remains at 589 rigs for the 5th week in a row. Oil rigs fell by one while gas rigs rose by one. One year ago, the total rig count sat at 622 rigs. This week’s additional graphic from NGI depicts spot natural gas prices at Henry Hub versus the current storage deviation against the 5-year average. As stated earlier, the storage level ended calendar year 2024 at 3.413 TCF.

12/31/2024

The Feb NYMEX contract is giving back some of the .553 rise that we saw yesterday due to blue showing up on weather maps for much of the consuming region in the east and midwest. The Feb contract is currently down .235 to $3.701 at the time of this post.

From DJ Global Commodities Roundup:

U.S. natural gas futures give back a chunk of yesterday's solid gains as forecasts for a colder-than-normal January look to raise heating demand and cut into storage. "Trader focus will remain on some unusually large supply draws to be seen next month as weather related consumption and possible well freeze-offs prompt support," Ritterbusch says in a note. "We feel that yesterday's high of $4.20 will likely be retested by next week."

11/11/2024

10/24/2024

https://www.reuters.com/business/energy/texas-natural-gas-pipeline-eases-bottlenecks-paves-way-higher-shale-output-2024-10-18/

A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said.