Boosted by its growing U.S. onshore business, Anadarko Petroleum Corp. reversed year-ago losses in the second quarter and reported production gains in most of its domestic plays.
Boosted
Articles from Boosted
Natural Gas Surplus Prompts Goldman to Cut Price Forecast
Dry natural gas production in the United States, boosted by stronger pipeline flows from the Marcellus Shale, led Goldman Sachs analysts last week to revise their forecasts down for prices and lift expectations for end-of-summer storage levels.
Higher Natgas Output Prompts Goldman to Cut Price Forecast
Dry natural gas production in the United States, boosted by stronger pipeline flows from the Marcellus Shale, led Goldman Sachs analysts on Monday to revise their forecasts down for prices and lift expectations for end-of-summer storage levels.
U.S. Records Fastest-Ever Oil Growth, Says BP
The United States claimed the title in 2012 for the leading production growth for not only natural gas but also oil, boosted by its considerable unconventional stores, according to BP plc’s annual benchmark of global energy resources.
Royalties Up More than 1,000% in Top Marcellus Counties
Rents and royalties reported on Pennsylvania income tax returns from 2006 to 2010 have increased 61% statewide, and 119% in counties with Marcellus Shale activity, according to a report by the Allegheny Institute for Public Policy (AIPP). Rent and royalty income for landowners and mineral rights owners in the state rose 34% in counties with no Marcellus activity.
Unseasonal Heat Lifts Northeast By $1.00-Plus; Futures Slip
Overall natural gas cash prices rose by 5 cents on average Wednesday as quotes were boosted by soaring eastern power prices and underlying forecasts of temperatures as much as 20 degrees above normal. Dollar-plus gains occurred at Northeast points and in the Mid-Atlantic, prices were well bid as well. Great Lakes and Midwest points were also firm. At expiration June futures had limped off the board losing 2.6 cents to $4.155, and July fell 4.0 cents to $4.184. July crude oil lost $1.88 to $93.13/bbl.
BP Trumps Forecasts by $1B, Despite Sales
BP plc, which today is a much smaller operator than it was a year ago, last week smashed analyst expectations by about $1 billion on average, boosted by high margin projects and better-than-expected profits from trading.
BP Beats Forecasts by $1B, Despite Sales
BP plc, which today is a much smaller operator than it was a year ago, on Tuesday smashed analyst expectations by about $1 billion on average, boosted by high margin projects and better-than-expected profits from trading.
ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase
ConocoPhillips leaseholds in the Eagle Ford and Bakken shales, along with the Permian Basin, together boosted their year/year output by 42% in the first quarter, management said Thursday.
Barclays Lifts Natural Gas Price Projections for 2013
Wintry weather boosted natural gas consumption and has lifted prices, but the trajectory of U.S. supplies largely has remained unchanged, and that means gas prices may “hunt” this year for the right level of gas-to-coal displacement to keep the market balanced, according to an analysis by Barclays Capital.