The plunge in oil prices, and a lack of support from the natural gas complex, should result in sober forecasts as North America’s producers discuss their expectations for 2015 during upcoming quarterly conference calls. Prognosticators, however, see little reason for optimism until late 2016.
Analysts
Articles from Analysts
Bulls Mulling Forecast Cold, Hefty Storage Draw; February Called 8 Cents Higher
February natural gas is set to open 8 cents higher Thursday morning at $3.31 as forecasts of cooler temperatures provide a springboard to lift prices again following Wednesday’s meteoric gains. Overnight oil markets continued Wednesday’s advance.
January 15, 2015
Cold On The Way? January Seen 2 Cents Higher
January natural gas is set to open 2 cents higher Thursday morning at $3.73 as traders brace for what looks to be the first in a series of lean storage withdrawal reports, yet forecasters see a hint of cold by the end of the month. Overnight oil markets eased.
December 11, 2014
North America’s E&P Tech Capturing Most Global Investments
Exploration and production (E&P) technologies have attracted $7 billion in funding since 2003, with North American ventures accounting for the most investments by far, according to a new study.
November 25, 2014
Oil Price Plunge Squeezing Onshore E&P Operators
It’s only a “matter of weeks” before onshore operators begin laying down rigs in some U.S. oilfields, one industry observer told NGI on Tuesday. Onshore exploration and production (E&P) companies also are seeking price relief from oilfield service operators, according to one energy analyst.
October 28, 2014
EPA Expects to Publish Long-Awaited Draft Fracking Report in March
Officials from the U.S. Environmental Protection Agency (EPA) said Monday that the agency plans to roll out a series of key peer-reviewed papers related to its long-awaited draft report on the potential impacts of hydraulic fracturing (fracking) on drinking water resources, setting the stage for its release early next year.
October 21, 2014
First Non-Triple-Digit Build In 12 Weeks On Tap; November Seen Up a Penny
November natural gas is set to open a penny higher Thursday morning at $3.81 as traders await market-driving information in the form of weekly government storage figures. Overnight oil markets continued to melt.
October 16, 2014
Declining Crude Prices May Cause Pause in Onshore Boom, Say Analysts
Stagnant natural gas prices led exploration and production (E&P) companies to move their drillbits to more lucrative liquids. Now, declining crude prices may cause a pause in some of the booming onshore areas as well, analysts believe.
October 9, 2014
No More Clarity on Crude Exports, Yet, Analysts Say
A report Monday that the U.S. Commerce Department has queried companies seeking authority to export condensate should not get export proponents too excited thinking that clarity on the issue will be forthcoming from Washington, DC, ClearView Energy Partners LLC analysts said in a note.
October 7, 2014
Bears Apparently In Control; October Seen 3 Cents Lower
October natural gas is expected to open 3 cents lower Friday morning at $3.88 as analysts see both the fundamental and technical picture having turned noticeably bearish in the short term. Overnight oil markets slumped.
September 19, 2014
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