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Showing posts from March, 2018

LNG exports up 4x

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Scott Shields Scott Shields Natural Gas, LNG, NGLs & Energy Commercial, Capital Raise, Valuation, Corporate Structuring, Hedging, Acquisitions now U.S. LNG exports are up 4x in 2017.  Not really a surprise since they were quite small in 2016.  However, the surprise will come in the next 5-7 years, when US exports will jump from the current ~3 Bcf/day to upwards of 15 billion cubic feet per day.  I predict the now unencumbered, free market of US natural gas and the US-led global economic recovery will surprise even the most sophisticated energy analysts. https://www.eia.gov/todayinenergy/detail.php?id=35512
LNG Exports up 4x in 2017 - and more to come. Led by China, I believe by 2020 the US could be exporting 10 billion cubic feet per day of liquefied natural gas. https://www.eia.gov/todayinenergy/detail.php?id=35512

TPG Pace Energy, a blank-check company, targets Eagle Ford- Re-post Scott Shields of Katy Texas

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TPG Pace to Buy EnerVest Shale Assets for $2.7 Billion By  Matthew Monks   and  Alex Nussbaum re-post by www.morganshields.com & www.. m-sconsulting.com  March 20, 2018, 6:37 AM CDT Updated on March 20, 2018, 8:05 AM CDT TPG Pace Energy, a blank-check company, targets Eagle Ford Chazen to be CEO of newly formed company to be called Magnolia Steve Chazen, who made Occidental Petroleum Corp. a heavyweight of the shale boom, is looking to replicate that success in south Texas with a $2.66 billion deal. TPG Pace Energy Holdings Corp. , a blank-check company  formed  by Chazen and private equity firm  TPG , agreed to acquire about 360,000 net acres in the Eagle Ford shale from oil and gas investment firm  EnerVest Ltd. , according to a  statement Tuesday. Steve Chazen Photographer: Michael Nagle/Bloomberg TPG Pace, which raised $650 million in a  public offering  last May, plans to change its name to Magnolia Oil & Gas Corp. upon closing the deal by the

US Nat Gas Exports Exceed Imports - Post Scott Shields Katy Texas Morgan Shields Consulting

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The United States exported more natural gas than it imported in 2017 Re-Post www.MorganShields.com & www.M-SConsulting.com  Source:  U.S. Energy Information Administration,  Natural Gas Monthly The United States exported more natural gas than it imported in 2017, marking the first time since 1957 that the United States has been a net natural gas exporter. The transition to net exporter occurred as natural gas production in the United States continued to grow, reducing pipeline imports from Canada and increasing exports, both by pipeline and as liquefied natural gas (LNG). Source:  U.S. Energy Information Administration,  Natural Gas Monthly Natural gas production in the United States increased significantly over the past decade. The United States  surpassed Russia  in 2009 as the world’s largest natural gas producer as shale gas production drove overall increases in natural gas production. Most recently, production increases have been  concentrated in the Appala

Jon had a wonderful outing with the Banditos 14u Black last weekend... no hits pitching from both sides

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Scott Shields Family Update - Katy Texas  Spring Break Scott Shields of Katy Texas -Update:          The Scott & Katye Shields Family is now enjoying our spring break in Katy Texas, a  suburb of Houston Texas. It is going to be busy spring break with a long list of projects this Spring Break here in Katy, Texas.  We have completed task #1...updating Jon's bedroom from a child's room to a teen's room.  We moved the bunk beds out of the room and and have put in a new bed and bookcase.  We also updated the paint with a light gray color.   Everyone thinks this room looks amazing!  Next up on the Shields agenda...traveling from Katy to Houston, Texas to visit the the Holocaust museum for a school project, Wiess Energy Hall, and the Museum of Natural Science.  Like everyone in Katy, Texas; we also have a number of yard work projects that we are hoping to complete this week as well.  We hope that our friends and family enjoy this week, and visit us

Scott Shields Gas LNG Consultant Houston - Katy Texas

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Scott Shields Gas LNG Consultant Houston - Katy Texas linkedin.com/in/scott-shields-5a59504 More on Scott Shields LNG and Gas Experience: Expanded Several Energy Companies' Marketing, Trading and Derivatives Businesses Completed largest structured transaction in Enron paper group’s history, measured at $10 million in gross margin; Increased transactions with end-users and profits from $75 million to over $1 million in marketing and trading business of Sonat Gas Marketing in mid-continent & Gulf; Taught and expanded use of derivatives structures with clients; Founded and grew Business Units of Enron, Enserco, Sonat and Oasis; Founded, raised capital, and successfully merged Oasis Bank SSB: Served as Director and Chairman of M&A and Asset and Liability Committees; Merged with $1 billion Spirit of Texas Bank in 2012; Introduced MOU from SPAC for second wave LNG export facility; Headed and Marketing organization for Repsol Energy North America; Originat