Backed

Marcellus Spending Could Near $13B This Year

Economic activity in the Marcellus Shale quadrupled between 2008 and this year, according to an industry-backed study released Wednesday.

July 21, 2011

Traders Skeptical, But April Carves Out Gains

April natural gas futures backed off earlier highs but still managed to post gains in Monday’s trading. Short-term traders and those with a longer perspective are divided on the market’s next move with short-term traders favoring a continued decline largely on a fundamental picture that hasn’t changed and long-term technical analysts see the market finding a respite from an oversold condition.

March 1, 2011

Republicans Embrace Murkowski; Miller Seeks Injunction

Alaska Republicans said they were ready to “embrace” Sen. Lisa Murkowski as Alaska’s only Republican senator, and they urged her challenger and Tea Party-backed candidate Joe Miller to “end his campaign in a dignified way.” But by late Friday Miller hadn’t conceded defeat, instead filing in federal court for a preliminary injunction to keep the results from being certified.

November 22, 2010

Eagle Ford Gathering Expansion Online

Meritage Midstream Services has completed and begun flowing gas on the Fasken Ranch lateral pipeline, which is an extension of the company’s Eagle Ford Escondido Gathering System in Webb County, TX.

November 19, 2010

Alaska Republicans Embrace Murkowski, Urge Miller to Concede

Alaska Republicans said they were ready to “embrace” Sen. Lisa Murkowski as Alaska’s only Republican senator, and they urged her challenger and Tea Party-backed candidate Joe Miller to “end his campaign in a dignified way.” But Miller hadn’t conceded defeat Thursday, and he indicated that he might call for a recount.

November 19, 2010

Futures Test $5 as Regulatory Concerns Loom Large

Backed by bullish news and Thursday’s 26.6-cent gain, July natural gas futures on Friday reached a high of $4.977 before backing down a tad on profit-taking ahead of the weekend to close at $4.797, up 10.7 cents from Thursday’s close and 45.6 cents higher than the previous week’s finish.

June 7, 2010

Futures Rally Prolonged By Rig Reduction

Sparked by Thursday’s smaller-than-expected natural gas storage build and backed by Friday’s news that the number of U.S. rigs searching for gas declined for the first time in 17 weeks, May natural gas futures rallied to end the week.

April 26, 2010

Futures Rally Prolonged By Rig Reduction

Sparked by Thursday’s smaller-than-expected natural gas storage build and backed by Friday’s news that the number of U.S. rigs searching for gas declined for the first time in 17 weeks, May natural gas futures rallied to end the week.

April 26, 2010

W&T Offshore Looking to Checkbook for Growth, CEO Says

Not long ago W&T Offshore Inc. was planning to drill about 25 wells this year. However, the company has backed down from that number as it eyes a market for acquisitions and joint ventures that is becoming increasingly attractive, CEO Tracy Krohn said last Thursday.

March 1, 2010

W&T Offshore ‘Aggressively Pursuing’ Acquisitions, CEO Says

Not long ago W&T Offshore Inc. was planning to drill about 25 wells this year. However, the company has backed down from that number as it eyes a market for acquisitions and joint ventures that is becoming increasingly attractive, CEO Tracy Krohn said Thursday.

February 26, 2010