RE:RE:RE:From March 10 NR......The tightening N. American gas market, driven by flat production and increasing LNG exports, is something to watch. Some models (eg here https://www.celsiusenergy.net/p/blog-page_1.html have the storage deficit in the US increasing into the winter, but I feel like they always do at this time of year and it balances out to full by the end of the year. Last year it was the collapse of LNG exports, but with European storage levels now running a deficit, it seems like the call on N. American supply should stay high through the summer. At capacity of 11 BCF/d that's a lot of gas not going to domestic storage at flat y/y production.
When the last of the condensate hedges roll off at the end of this year and if WTI is still $60+, they'll be materially ahead of guidance. I'm not making any bold predictions here I know, but I am staying tuned.