Baker Hughes books $10.8 billion in third-quarter orders, up 31% on the year
Markets · Baker Hughes Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 5d
Region
Gulf Coast
The US Gulf Coast: offshore production in the Gulf of Mexico, the largest refining cluster in the country, and a fast-growing LNG export row from Texas to Louisiana.
Basin at a glance
EIA STEO · Sep 2026
Oil production
0.97M bbl/d
▼ 3.3% YoY
Gas production
4.5Bcf/d
▲ 3.8% YoY
Active rigs
58
▲ 11.5% YoY
New-well oil / rig
1,241bbl/d
drilling productivity
Trend lines: trailing 24 months (Oct 2024 – Sep 2026), quarterly ticks. Click a card to expand. Source: EIA STEO.
Monthly, trailing 24 months. Source: EIA STEO.
Basin outline (EIA) and production data (EIA STEO); prices are live.
Latest from Gulf Coast
Kinder Morgan reports record third quarter as adjusted EPS rises 21%
Power · Kinder Morgan Press Releases · 11d
Kinder Morgan Q3 earnings rise 21% per share as gas backlog hits $13.2 billionAnalysis
Midstream & LNG · By Global Energy Report · 11d
Kalypso and Offshore Data Center team up to put AI compute next to offshore gasAnalysis
Power · By Global Energy Report · 11d
Kinder Morgan posts record Q3 as project backlog reaches $14.4 billion
Markets · Kinder Morgan Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 11d
FERC environmental review finds no significant impact from Kinder Morgan's $112 million Texas Access pipeline
Policy · FERC · 13d
NeuVentus expands Texas salt cavern gas storage to 28 Bcf
Power · Energy & Industrial News, Intelligence & Industry Insights · 18d
Riverway and Offshore Data Center team up on gas-powered offshore platforms
Power · Business Wire · 18d
Freedom LNG asks DOE to export 343 Bcf/yr of gas to Mexico for LNG re-export
Midstream & LNG · Federalregister · 26d
Baker Hughes signs gas alliance with PDVSA, MOU with New Stratus in VenezuelaAnalysis
Markets · By Global Energy Report · 27d
Baker Hughes signs alliance with PDVSA to rebuild Venezuela gas network
Markets · Baker Hughes Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 27d
Baker Hughes signs two deals to rebuild Venezuela's gas and oil sectorAnalysis
Markets · By Global Energy Report · 27d
US natural gas production hit a record 137 Bcf/d in July
Upstream · EIA · 30d
TotalEnergies plans $14 billion to $17 billion in annual investment through 2032
Power · Energy & Industrial News, Intelligence & Industry Insights · 34d
New NatGas to Power Forum targets AI data center gas demand
Markets · Energy & Industrial News, Intelligence & Industry Insights and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 34d
UK regulators accept X-energy's Xe-100 reactor into design review
Power · Energy-pedia news summary · 46d
EIA lifts 2027 US oil output forecast to a record 14.3 million bpd
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 51d
United Oil & Gas hires NRG Well Management for Jamaica rig study
Upstream · Energy-pedia news summary · 52d
Williams completes acquisition of Momentum Midstream's Haynesville business
Midstream & LNG · Williams Companies, Inc News Releases · 59d
Woodside and Pemex sign MOU to explore new Gulf of Mexico deepwater workAnalysis
Upstream · By Global Energy Report · 59d
Williams completes acquisition of Momentum Midstream's Haynesville platform
Midstream & LNG · Williams Companies, Inc News Releases · 59d
US refineries process more crude oil than domestic wells produce
Geopolitics & Supply · Energy & Industrial News, Intelligence & Industry Insights · 61d
Tropical Storm Edouard could near hurricane strength before Gulf Coast landfall
Markets · NHC and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 61d
SOCAR to buy $1.65 billion stake in Comstock's Haynesville gas assets
Upstream · GlobeNewswire · 61d
US LNG exports rose 23% to 17.4 Bcf/d in first half of 2026
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 61d
Comstock sells SOCAR a $1.65 billion stake in its Haynesville gas assets
Upstream · GlobeNewswire-Exploration-Production · 61d
Cheniere completes Corpus Christi Stage 3, ships 5,000th LNG cargo
Midstream & LNG · Cheniere Energy, Inc. (LNG) Press Releases · 62d
Cheniere completes Corpus Christi Stage 3, hits 5,000th LNG cargo
Midstream & LNG · Cheniere Energy, Inc. (LNG) Press Releases · 62d
Cheniere completes Corpus Christi Stage 3, ships its 5,000th LNG cargoAnalysis
Midstream & LNG · By Global Energy Report · 62d
Cheniere completes Corpus Christi Stage 3, ships 5,000th LNG cargo
Midstream & LNG · Cheniere Energy, Inc. (LNG) Press Releases · 62d
Cheniere finishes Corpus Christi Stage 3, capacity hits 56 mtpaAnalysis
Midstream & LNG · By Global Energy Report · 62d
ONEOK buys Brazos Midstream's Permian Midland assets for $4.425bn.Analysis
Midstream & LNG · By Global Energy Report · 63d
US rig count falls to 545, down 7% year over year
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 65d
Sempra begins permitting for Port Arthur LNG North expansion
Policy · Energy & Industrial News, Intelligence & Industry Insights · 65d
Devon Energy commits to new Permian-to-Gulf Coast gas pipeline
Upstream · Drilling Contractor · 67d
Coast Guard sets 500-meter safety zone around Chevron's ANCHOR FPU in Gulf of America
Upstream · Federalregister · 75d
WhiteWater and Permian partners sanction twin pipelines to Katy
Midstream & LNG · Energy & Industrial News, Intelligence & Industry Insights · 76d
WhiteWater-led Solitude pipeline reaches final investment decision
Midstream & LNG · PR Newswire · 76d
WhiteWater and four Permian producers sanction twin Solitude gas pipelines to KatyAnalysis
Midstream & LNG · By Global Energy Report · 76d
Gulf Coast fuel shipments to West Coast quadruple after Jones Act waiver
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 76d
Devon Energy sanctions Solitude pipeline to move Permian gas to Katy
Midstream & LNG · Devon Energy Corporation Press Releases · 76d
US natural gas production set for a record 122.5 Bcf/d in 2026, EIA says
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 81d
Cheniere marks 10 years of LNG exports, targets 100 mtpa by mid-2030s
Midstream & LNG · Cheniere Energy, Inc. (LNG) Press Releases · 81d
National gasoline average falls to $4.006 a gallon, EIA says
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 and U.S. Energy Information Administration - Gasoline and Diesel Fuel Update · 82d
Phillips 66, Kinder Morgan and HF Sinclair sanction $5 billion pipeline
Markets · Kinder Morgan Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 82d
Phillips 66, Kinder Morgan, HF Sinclair sanction $5bn Western Gateway pipelineAnalysis
Midstream & LNG · By Global Energy Report · 82d
Energy Transfer brings Hugh Brinson gas pipeline into service in Texas
Power · Energy & Industrial News, Intelligence & Industry Insights · 88d
Coastal Bend LNG starts FERC permitting for 19.2 MTPA Texas terminalAnalysis
Policy · By Global Energy Report · 88d
Marathon Petroleum Q2 net income jumps to $5.1 billionAnalysis
Markets · By Global Energy Report · 89d
Marathon Petroleum's Q2 net income jumps to $5.1 billionAnalysis
Markets · By Global Energy Report · 89d
ONEOK Q2 2026 net income climbs 13%, raises guidance
Midstream & LNG · RSS - OneOK IR Press Releases and ONEOK, Inc. · 90d
Williams buys Momentum Midstream for up to $5.5bn, raises 2026 outlookAnalysis
Midstream & LNG · By Global Energy Report · 90d
Enbridge postpones second phase of 250,000 bpd Mainline expansion
Midstream & LNG · Energy & Industrial News, Intelligence & Industry Insights · 90d
Williams buys Momentum Midstream for up to $5.5bnAnalysis
Midstream & LNG · By Global Energy Report · 90d
Williams to acquire Momentum Midstream, expanding Haynesville gas position
Power · Williams Companies, Inc News Releases · 90d
ExxonMobil second-quarter profit rises to $14.5 billionAnalysis
Upstream · By Global Energy Report · 93d
Valero's Q2 profit jumps to $3.7 billion, more than five times a year agoAnalysis
Markets · By Global Energy Report · 94d
BIC Alliance sponsors Texas Chemistry Council's summer retreat dinner
Markets · Energy & Industrial News, Intelligence & Industry Insights and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 95d
Kinder Morgan posts record Q2 net income, tracks ahead of 2026 budgetAnalysis
Markets · By Global Energy Report · 102d
Gulf of America storm system has 60% chance of forming within a week
Markets · NHC and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 105d
Tailwater-backed Pickton reaches FID on 35 Bcf Texas gas storage hubAnalysis
Power · By Global Energy Report · 107d
Next Bridge Hydrocarbons sets July 22 date for dividend share credit
Upstream · All Energy · 107d
Sempra's ECA LNG plant ships first cargo from Mexico's Pacific Coast
Midstream & LNG · Sempra · 115d
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US energy exports hit record 31 quadrillion Btu in 2025Analysis
Markets · By Global Energy Report · 158d