The unconventional gas boom continues, despite lower commodity prices, and it has contributed significantly to gas reserve growth, according to the latest U.S. exploration and production (E&P) benchmark study by Ernst & Young (E&Y).
Benchmark
Articles from Benchmark
FBR Cuts ’07 Gas Prices, Reduces 2Q Benchmark
Although it remains “bullish on 2007 in aggregate,” Friedman, Billings, Ramsey & Co. Inc. (FBR) on Monday cut its 2007 natural gas price forecast to $7.60/Mcf from $8 and reduced its 2Q2007 gas benchmark assumption to $7.20/Mcf from $8.
April 10, 2007
CERA Predicts Further Rise in Producer Costs
The costs of major oil and gas production projects have risen more than 53% in the past two years, and no significant slowing is in sight, according to a benchmark index developed by IHS and Cambridge Energy Research Associates (CERA), which was announced last week.
February 19, 2007
Analysis Predicts Further Producer Capital Cost Increase in 2007
The costs of major oil and gas production projects have risen more than 53% in the past two years, and no significant slowing is in sight, according to a new benchmark index developed by IHS and Cambridge Energy Research Associates (CERA).
February 13, 2007
Unocal CEO: Company to Boost Production 63% by 2007
Unocal Corp. CEO Charles R. Williamson told analysts last Wednesday at Lehman Brothers’ 15th annual CEO Energy Conference in New York City that the company’s worldwide net oil and gas production could average nearly 800,000 boe/d in 2007, a 63% boost from the company’s average production last year.
September 10, 2001
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