Accelerating

Much is said, and often, about how escalating decline rates have cast U.S. gas producers onto an ever-accelerating treadmill. In the latest “Stat of the Week” from Raymond James & Associates Inc., a trio of analysts points at decline rates with alarm and, of course, bullishness. “The treadmill is running too fast,” the analysts say, while conceding that this view is a contrarian one in some quarters.

In a world of accelerating decline rates, depleting reserves and LNG uncertainty, unconventional gas plays in the Lower 48 are something to be excited about. This is particularly true of the burgeoning Barnett Shale play in the Forth Worth basin of north-central Texas.

While British Columbia continues to try and kickstart coalbed methane (CBM) development with royalty and tax breaks, development of these unconventional resources is accelerating in Alberta without government help.

While British Columbia continues to try and kickstart coalbed methane (CBM) development with royalty and tax breaks, development of these unconventional resources is accelerating in Alberta without government help.

While growth prospects remain up in the air, earlier reports of accelerating gas production decline rates in Canada were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a ongoing industry debate over the supply outlook.

While growth prospects remain up in the air, earlier reports that an accelerating decline was beginning in western Canadian natural gas supplies were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a recurring industry debate over the supply outlook ignited by rate applications from TransCanada Pipelines.

While growth prospects remain up in the air, earlier reports that an accelerating decline was beginning in western Canadian natural gas supplies were exaggerated, the National Energy Board has been told. A new, more optimistic consensus is emerging from a recurring industry debate over the supply outlook ignited by rate applications from TransCanada Pipelines.

Accelerating the pace of losses notched in Thursday’s disappointing (for bulls) trading session, the natural gas futures market tumbled to new two-month lows Friday as light non-commercial selling went nearly unchecked by either local traders or commercial accounts.

With prices still at record highs by Canadian standards,interest is heating up among producers in accelerating natural gasdevelopment in the East Coast offshore, including remote prospectson the Grand Banks of Newfoundland.