Location, Location, Location: Why Drilling Success Depends on the Basin - ENB Weekly Recap

In this episode of the Energy Newsbeat Daily Standup - Weekly Recap, Stuart Turle and Michael Tanner break down why “location, location, location” is driving the resilience—and risks—of U.S. drilling programs as breakeven costs diverge sharply across basins. They unpack rising natural gas prices amid LNG export demand, Germany’s shaky energy outlook, and a wave of renewable sector troubles from Pine Gate Renewables’ bankruptcy to Ørsted’s massive losses. The hosts also highlight coal’s global comeback, the long-term implications of U.S. turbine shortages, and Chevron’s move into behind-the-meter Permian power for AI data centers. Plus, they take aim at COP30 drama and Gavin Newsom’s energy commentary, contrasting political narratives with real-world demand for molecules—not slogans. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn: https://www.linkedin.com/in/stuturley/ and Twitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and Twitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro 00:15 - U.S. Drilling Programs Are Resilient, but It Depends on the Location 03:53 - U.S. Natural Gas Futures Up on Record LNG Export Demand, and Low Storage Numbers 07:25 - Pine Gate Renewables files for bankruptcy, selling solar business and project portfolio 13:04 - COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line? 16:01 - Trump Predicted the return of Coal, but not to it’s glory days in the U.S. – Doug Sheridan 18:34 - Chevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy’s Business Model 21:09 - Outro Links to articles discussed: U.S. Drilling Programs Are Resilient, but It Depends on the Location U.S. Natural Gas Futures Up on Record LNG Export Demand, and Low Storage Numbers Pine Gate Renewables files for bankruptcy, selling solar business and project portfolio COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line? Trump Predicted the return of Coal, but not to it’s glory days in the U.S. – Doug Sheridan Chevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy’s Business Model