The transition to U.S. oil targets by the exploration and production (E&P) industry now is complete, with operators more able to concentrate on drilling efficiencies and the higher capital outlays required, according to Canaccord Genuity.
Tag / Appreciation
SubscribeAppreciation
Articles from Appreciation
Hess Actions ‘Dramatically Short,’ Says Shareholder
Hess Corp., which is facing a shareholder revolt for a perceived lack of focus and crony-heavy board, on Monday said it would become a pure-play exploration and production (E&P) company. The plan involves fully exiting the downstream business, selling Bakken Shale midstream, and bringing aboard six new independent directors.
North American Onshore Well Services Catching Up With Demand, Schlumberger Says
Pressure pumping services in North American unconventional basins appear to be on the cusp of oversupply, Schlumberger Ltd. executives said Friday.
CEOs Gather to Promote Natural Gas, Blast Waxman-Markey
The heads of six natural gas exploration and production companies, all members of America’s Natural Gas Alliance (ANGA), gathered Thursday to discuss efforts to “increase appreciation” of North American natural gas and educate legislators and the public on the role of natural gas. They also voiced their opposition to the Waxman-Markey climate bill approved by the House earlier this year.
CEOs Gather to Promote Natural Gas, Blast Waxman-Markey
The heads of six natural gas exploration and production companies, all members of America’s Natural Gas Alliance (ANGA), gathered Thursday to discuss efforts to “increase appreciation” of North American natural gas and educate legislators and the public on the role of natural gas. They also voiced their opposition to the Waxman-Markey climate bill approved by the House earlier this year.
Gas-Dominant Sempra Views Coal-Fired Generation as Hedge
Despite billions of dollars of current and future natural gas projects, San Diego-based Sempra Energy expressed a new appreciation for coal last week in responding to newly organized local opposition to its very early plans to develop a major coal-fired power plant 100 miles north of Reno, NV. It is a “strategic” location with access to serving load centers in California, the Pacific Northwest and Nevada, a corporate spokesperson told NGI/Power Market Today on Thursday.
Transportation Notes
Florida Gas Transmission ended Friday an Overage Alert Day notice that had been declared last Tuesday.