Natural gas development in the Pennsylvania Marcellus Shale has been economically beneficial, but maybe not as much as some studies have suggested, according to research by Pennsylvania State University.
Bounds
Articles from Bounds
Wellsburg, WV Repeals Ban on Shale Gas Drilling
Almost three months to the day after first enacting a ban on natural gas drilling, the City of Wellsburg, WV, voted 5-3 on Tuesday night to repeal the measure.
EIA Production Forecast Reflects Shales’ Contribution
The promise of continued production growth from unconventional gas plays — shales in particular — has been repeated yet again in the Energy Information Administration’s (EIA) latest production forecast. While the overall gas-directed rig count has fallen, the number of rigs targeting unconventional plays (gas and oil) has increased from last year.
Long Wait for $6 Gas Price, Says Deutsche Economist
Natural gas prices will be rising over the coming four years, but it won’t be by leaps and bounds, Deutsche Bank’s chief energy economist said Thursday.
U.S. Gas Prices Not Forecast to Reach $6 Before 2015
Natural gas prices will be rising over the coming four years, but it won’t be by leaps and bounds, Deutsche Bank’s chief energy economist said Thursday.
Futures Market Ignores Storage, Bounds Higher on Short-Covering
Coming in a little over the industry consensus but well within overall expectations, the Energy Information Administration (EIA) reported Thursday that 151 Bcf was pulled from underground natural gas stocks for the week ended Dec. 31.
ICE Gas Volumes Rise 37% from Dec. Levels, Power is Up 51%
Activity continues to grow by leaps and bounds on the IntercontinentalExchange (ICE) commodity marketplace as traders who formerly did a significant amount of their business on EnronOnline flock to the ICE platform. The company said average daily activity systemwide is up 30% compared to only one month ago. A total of 630 Bcf of gas was traded on Jan. 9 alone, and 17 million MWh was traded on Jan. 14, setting a new daily record.
ICE Gas Volumes Rise 37% from Dec. Levels, Power is Up 51%
Activity continues to grow by leaps and bounds on the IntercontinentalExchange (ICE) commodity marketplace as traders who formerly did a significant amount of their business on EnronOnline flock to the ICE platform. The company said average daily activity systemwide is up 30% compared to only one month ago. A total of 630 Bcf of gas was traded on Jan. 9 alone, and 17 million MWh was traded on Jan. 14, setting a new daily record.
Anadarko, EOG Share Disparate Strategies
For Anadarko, growing in leaps and bounds before it joined forces with United Pacific Resources, a merger just made sense. For EOG Resources, which at one time had been part of mega-marketer Enron, smaller is better, and a merger would not make sense. There is no denying, however, that the disparate strategies have worked for both.
Anadarko, EOG Share Disparate Strategies
For Anadarko, growing in leaps and bounds before it joined forces with United Pacific Resources, a merger just made sense. For EOG Resources, which at one time had been part of mega-marketer Enron, smaller is better, and a merger would not make sense. There is no denying, however, that the disparate strategies have worked for both.