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Higher Natgas Output Prompts Goldman to Cut Price Forecast

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.

July 9, 2013

Anadarko’s Lawler to Lead Chesapeake

Anadarko Petroleum Corp. executive Robert Douglas Lawler, 46, was tapped Monday to helm Chesapeake Energy Corp., bringing with him a wealth of exploration and production (E&P) experience when he takes over as CEO on June 17.

May 21, 2013

DCP Midstream Partners Expands in Eagle Ford

Denver-based DCP Midstream Partners LP announced a $626 million dropdown from DCP Midstream of an additional 47% interest in its Eagle Ford joint venture, bringing its ownership to 80%. It’s the largest dropdown in the history of the partnership.

March 4, 2013

National Fuel Looks to Marcellus for Production, Pipeline Boost

The promise of production from seven “exceptional” wells brought online in January in Pennsylvania’s Marcellus Shale and continuing additions to its pipeline business paint an expanding future for National Fuel Gas Co. (NFG) in 2013, CEO Dave Smith said during a conference call with analysts.

February 12, 2013

Jackson to End Tenure as EPA Administrator

Environmental Protection Agency (EPA) Administrator Lisa Jackson has announced her intention to resign after President Obama’s State of the Union speech, bringing to an end a sometimes tumultuous four-year tenure.

January 7, 2013

Pennsylvania Governor: Marcellus Driving Jobs, Economy

Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference last Thursday in Philadelphia.

September 24, 2012
Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy

Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy

Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference in Philadelphia on Thursday.

September 21, 2012

Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy

Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference in Philadelphia on Thursday.

September 21, 2012

Chesapeake Records Higher 2Q Production; Forecasts 2013 Decrease

Chesapeake Energy Corp.’s U.S.-focused natural gas production is forecast to drop by 7% in 2013, bringing “to an end our likely unprecedented public company record of 23 consecutive years of gas production growth,” CEO Aubrey McClendon said during an earnings conference call last week.

August 13, 2012

Chesapeake Focuses on Liquids; Gas Drilling, Production Heading Down

Chesapeake Energy Corp.’s U.S.-focused natural gas production is forecast to drop by 7% in 2013, bringing “to an end our likely unprecedented public company record of 23 consecutive years of gas production growth,” CEO Aubrey McClendon said Tuesday.

August 8, 2012
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