2Q2010

Top North American Gas Marketers (Bcf/d)

Sluggish economy and demand have gas market continuing to search for markets, analyst says. read more

September 17, 2012

With XTO as ‘Enabler,’ ExxonMobil’s U.S. Reserves Soar

ExxonMobil Corp.’s oil and gas production volumes had languished before 2010, often in the single digits as the oil major failed to build a resource base to equal its profits. However, that changed last year with the purchase of U.S. shale king XTO Energy Inc. and was proved Thursday when ExxonMobil said its quarterly volumes were up 10% from a year ago.

July 29, 2011

Encana Finding Innovative Ways to Combat Cost Creep

The management team at unconventional natural gas giant Encana Corp. has raised its cost outlook for both the United States and Canada and said last week the labor and supply markets are as tight as they’ve ever been. However, the company is fighting back by using cutting edge technology to drill wells in less time and at a lower cost.

July 25, 2011

North American Unconventionals Drive Halliburton Profits

The sustained push to unlock shale gas and oil across North America drove Halliburton Inc.’s profits in the third quarter, CEO Dave Lesar said Monday.

October 19, 2010

Top North American Gas Marketers (Bcf/d)

Despite a decline in the survey’s top spot, overall natural gas marketing was up 6.2% year over year. read more

September 20, 2010

E&Ps Appear ‘Caught in a Vise,’ Says Analyst

With 2Q2010 earnings results now in the rearview mirror, energy analysts covering the domestic exploration and production (E&P) sector paused to review what they saw in the earnings reports and what they heard in the conference calls. What they concluded isn’t necessarily a pretty picture for the second half of this year.

August 16, 2010

E&Ps Appear ‘Caught in a Vise,’ Says Analyst

With 2Q2010 earnings results now in the rearview mirror, energy analysts covering the domestic exploration and production (E&P) sector paused to review what they saw in the earnings reports and what they heard in the conference calls. What they concluded isn’t necessarily a pretty picture for the second half of this year.

August 16, 2010

ExxonMobil Accelerates North American Gas Output

Irving, TX-based super major ExxonMobil Corp. delivered the goods in 2Q2010, reporting that its net profits jumped 85% and production rose 8% from the year-ago period. Excluding one-time charges, ExxonMobil earned $7.56 billion ($1.60/share), compared with $3.95 billion (85 cents) in 2Q2009.

August 2, 2010

ExxonMobil Accelerates North American Gas Output

Irving, TX-based super major ExxonMobil Corp. delivered the goods on Thursday, reporting that its 2Q2010 net profits jumped 85% and production was up by 8% from the year-ago period. Excluding one-time charges, ExxonMobil earned $7.56 billion ($1.60/share), compared with $3.95 billion (85 cents) in 2Q2009.

July 30, 2010

Boardwalk’s Quarterly Profits, Revenues Jump

Profits and revenues in 2Q2010 surged for Houston-based Boardwalk Pipeline Partners LP, but the natural gas pipeline operator failed to hit Wall Street expectations because of higher operating costs and interest expenses, it said Monday.

July 27, 2010