Measured Depth
Amber McCullaghA Substack providing independent, data-driven analysis of North American natural gas markets
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 41 | Founded | a year ago | Last Issue | 6 days ago |
| Active | |||||
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measureddepth.comLatest Issues
How much Permian gas is curtailed right now?
Answering the most important question in the market first requires understanding where we are today
The pace of Permian pipeline capacity under construction is unprecedented — but so too are Waha prices this spring, suggesting excessive cu...
1Q26 earnings: The growing power-backed pipeline project queue
What TC's Appalachia Supply Project likely looks like, and where gas to feed DTM's MIST could come from
This is the third in a series digging into the most interesting topics from 1Q26 earnings season. Last week, I covered Antero’s continu...
1Q26 earnings: Antero's transition to dry gas
Which pipeline capacity will it let go, and which companies could it buy to backfill its FT?
This is the second in a series digging into the most interesting topics from 1Q26 earnings season. Last week, I covered midstream operators’ comme...
1Q26 earnings: Midstream operators don't expect Permian takeaway capacity to fill
So why is the market suddenly so bullish on Permian gas growth?
Last quarter, I wrote a “five most interesting things” wrap-up of earnings season, but 1Q26 earnings season raised bigger questions that I thought warranted more comprehensive...
In 2026, Constitution alone doesn't solve anyone's problems
Accessing constrained markets requires building an even more difficult downstream project
Ten years after I last wrote about it in detail, Constitution Pipeline is still making headlines, and I’m still getting asked about it. My high-level...
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Publisher of Measured Depth, featuring data-driven natural gas market analysis
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