WorldOil Natural gas may lose as oil surges, Goldman analysts say U.S. natural gas may be the loser as surging oil prices prompt fracers to step up production from shale fields, according to Goldman Sachs. Shale producers’ stocks surge as crude oil spikes American shale producers, one of the worst-performing segments on the stock market this year, jumped Monday morning after an attack on a Saudi Arabia oil production facility over the weekend sent crude prices soaring. The US shale revolution has reshaped the energy landscape at home and abroad, according to latest IEA policy review The International Energy Agency released its latest in-depth review of US energy policies on Friday, welcoming US leadership on innovation and highlighting the far-reaching impact of the country’s shale revolution. Water management The power of water Executive viewpoint The time has come for an Appalachian Storage Hub First oil Another mixed outlook awaits the EandP sector Consortium of oil and gas operators awards blockchain pilot contract “Blockchain is a promising instrument for industry collaboration in oil and gas benefiting all connected parties. This pilot with Data Gumbo is a significant step towards our goal of proving non-manned volume validations can trigger automated payments to vendors,” said Rebecca Hofmann, chairman of the OOC Oil and Gas Blockchain Consortium. UK shale gas driller mulling sale due to fracing challenges Investors backing closely-held Cuadrilla Resources, which pioneered UK shale gas drilling before becoming mired in red tape, are exploring options including an outright sale of the company. Permian basin natural gas prices up as a new pipeline nears completion The EIA reports that natural gas spot prices at the Waha hub in western Texas, located near Permian basin production, settled at $1.55/million British thermal units (MMBtu) on August 15, the highest price since March 2019. This price increase coincides with the 2 Bcfd Gulf Coast Express Pipeline (GCX) preparing to enter service. TGS enhances production data offering with Lasser acquisition Lasser owns, maintains and licenses a nationwide U.S. well production database. The data will be added to TGS’ current Well Performance Database and provides TGS clients access to previously unavailable historical production data.