Chapters

Storage, basis fragmentation, captive infrastructure, demand seasonality, end-use lock-in, methane emissions, and the market structure consequences that follow.

Conventional vs unconventional gas, source rock vs reservoir, and a basin-by-basin tour of Marcellus, Permian, Haynesville, Anadarko, Bakken, Eagle Ford, Niobrara, and Montney.

Methane chemistry, NGLs, heating value units, the Wobbe Index, pipeline-quality specs, odorization, LNG feed gas requirements, and custody-transfer measurement.

Modern rig technology, the evolution of horizontal drilling, and the geophysics that finds gas before the bit hits the rock.

The mechanics of slickwater completions: stages, proppant, water management, and the engineering that turned shale source rock into the largest gas play on earth.

Decline curves, parent-child interference, associated gas from oil wells, and the unit economics of a shale gas well from spud to abandonment.

Removing impurities, separating NGLs, the cryogenic plant, the amine sweetener, the dehydrator, and the path from wellhead to interstate pipeline tap.

The physics of moving gas across a continental grid, compressor station hydraulics, and the FERC regulatory frame that governs interstate transit.

Salt caverns, depleted reservoirs, LNG peak shavers, working gas vs base gas, and the seasonal cycle of injections and withdrawals.

Combined cycle gas turbines, the spark spread, gas as the marginal generator, AI data center demand, and the relationship between gas prices and the electrical grid.

Petrochemical feedstock, fertilizer manufacture, residential heating, the heating degree day, and the appliance fleet that locks gas demand into the building stock.

Liquefaction technology, mega-trains, the cryogenic fleet, regasification, and the shift from a landlocked North American market to a global commodity linked through ocean-going cargoes.

Henry Hub as the benchmark, the basis-point archipelago of US pipeline pricing, and the spreads that carry most of the information in the gas market.

Firm vs interruptible transportation, the secondary market for pipeline capacity, capacity release, and the contractual layer that sits over the physical pipe.

FERC, state utility commissions, methane emissions standards, EPA OOOOb/c, the EU import standard, and the regulatory architecture that prices methane intensity.