Week Wraps Up With Nearly 20% of GOM Natural Gas Still Shut In

With Isaac’s arrival on Louisiana’s Gulf Coast more than a week behind it, the oil and gas industry continues to ramp up production at facilities that were closed in anticipation of the Category 1 hurricane.

September 10, 2012

Gulf Still Hurting From Isaac: 25% of Natural Gas Shut In

Workers have returned to most oil and gas production facilities in the Gulf of Mexico (GOM), but more than a quarter of natural gas production that was shut-in ahead of the arrival of Hurricane Isaac last week remained shuttered Wednesday, according to the Bureau of Safety Environmental Enforcement (BSEE).

September 6, 2012

New York DEC Extends Comment Period on Frack Rules

Following lengthy public hearings and the arrival of thousands of written comments by experts and stakeholders, the New York Department of Environmental Conservation (DEC) said Wednesday it needs another month to complete an environmental review and proposed regulations for hydraulic fracturing (fracking) in the state.

December 1, 2011

Service Rig Delay Stalls Morgantown Wells

Operations at two Northeast Natural Energy (NNE) natural gas wells in the Marcellus Shale near Morgantown, WV, have been delayed while the company awaits the arrival of a service rig.

October 19, 2011

Rally Fades With Losses at Nearly All Points

Arrival of some heating load fails to offset recognition of generally weak weather fundamentals.

September 29, 2011

Cove Point Seeks to Export Homegrown Gas

Dominion Cove Point LNG Inc. (DCP) is seeking long-term, multi-contract authorization from the Department of Energy (DOE) to export domestically produced liquefied natural gas (LNG) from its import terminal in Lusby, MD, south of Baltimore. Export approval would boost activity at DCP’s terminal, ease constraints on northeastern pipelines and give Marcellus Shale gas producers an additional outlet for their supply, according to the company.

September 12, 2011

Screen Dip, Less Heat Equal Further Losses

The recent arrival of a cold front from Canada will keep Northeast temperatures moving lower Friday, and southern mercury levels will continue to inch downward at many locations as well. Those factors, along with further impetus from the previous day’s nosedive of 14.6 cents by August futures based largely on expectations of a bearish storage report (which were realized in spades), resulted in cash market softness across the board Thursday.

July 8, 2011

Oil, Gas Facilities Brace for Louisiana Floodwaters

Oil and gas companies with facilities in the Atchafalaya Basin of Louisiana are bracing for the arrival of floodwaters, but industry officials believe that the impact will be minimal and the recovery will be swift.

May 17, 2011

Futures Strength Setting Up for a Storage-Induced Fall?

November natural gas futures on Wednesday posted gains for a second straight day on what could be a round of technical buying, despite the arrival of natural gas storage injection data Thursday morning that is expected to be larger than both year-ago and five-year average comparisons for yet another week.

October 14, 2010

Encana, ExxonMobil’s Nova Scotia Projects Ready for Earl

Encana Corp. and ExxonMobil Corp. on Thursday separately suspended operations at two natural gas prospects that are offshore Nova Scotia (NS) to prepare for the arrival of Hurricane Earl.

September 3, 2010
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