Analyst

Marcellus Shale gas already is displacing pipeline flows from the west, an energy analyst said Tuesday at the Argus Marcellus Shale Gas Summit 2010 in Houston.

First Energy Capital analyst Martin King — who is considered to be one of the best when it comes to anticipating movements in the North American natural gas market — has shifted to a much more bearish price stance for North American gas prices in the short, medium and long term compared to his previous price forecasts.

First Energy Capital analyst Martin King — who is considered to be one of the best when it comes to anticipating movements in the North American natural gas market — has shifted to a much more bearish price stance for North American gas prices in the short, medium and long term compared to his previous price forecast.

Two energy analyst teams Monday sliced their outlook for 2010 natural gas prices because of an acceleration in gas-directed drilling activity year-to-date and the anticipated revisions expected to be made by the Energy Information Administration (EIA).

Two energy analyst teams Monday sliced their outlook for 2010 natural gas prices because of an acceleration in gas-directed drilling activity year-to-date and the anticipated revisions expected to be made by the Energy Information Administration (EIA).

The global offshore drilling industry will stabilize this year but likely won’t return to growth before 2011, research analyst Datamonitor reported last week.

The global offshore drilling industry will stabilize this year but likely won’t return to growth before 2011, research analyst Datamonitor reported Monday.

The global offshore drilling industry will stabilize this year but likely won’t return to growth before 2011, research analyst Datamonitor reported Monday.

The hunt is on for shale gas in Europe and it’s likely to be successful with a “substantial impact on global gas markets,” according to a recent analyst’s report. That impact could come as early as 2015.