Catch

The drillbit is moving from unconventional dry natural gas activity to wetter gas and crude, but the infrastructure has yet to catch up, increasing barriers to entry for some and giving existing operators a “natural edge,” an analyst with Tudor, Pickering, Holt & Co. Inc. (TPH) said in new research on the midstream sector.

The drillbit is moving from unconventional dry natural gas activity to wetter gas and crude, but the infrastructure has yet to catch up, increasing barriers to entry for some and giving existing operators a “natural edge,” an analyst with Tudor, Pickering, Holt & Co. Inc. (TPH) said in new research on the midstream sector.

Thanks to Lower 48 shale gas supply growth, it’s too late for a pipeline to carry Alaska North Slope gas to market — but it may be able to catch a boat out of the frozen tundra to hotter markets in Asia, Credit Suisse analyst Teri Viswanath said in a note last Tuesday.

Thanks to Lower 48 shale gas supply growth, it’s too late for a pipeline to carry Alaska North Slope gas to market — but it may be able to catch a boat out of the frozen tundra to hotter markets in Asia, Credit Suisse analyst Teri Viswanath said in a note Tuesday.

Natural gas bulls couldn’t catch a break Tuesday, even with the release of favorable economic data showing that the economy is now in an expansion phase. October futures fell 15.6 cents to $2.821 and November shed 13 cents to $3.868. The market had a hard time bucking the headwind from the equity and crude markets as the Dow Jones Industrial Average dropped 185 points to 9,310 on a weak bank sector and October crude oil fell $1.91 to $68.05/bbl.

Natural gas futures bulls are finding that they just can’t catch a break as values continue to plumb new lows for the move. The April contract subtracted more than a dime on Wednesday as bearish projections for Thursday’s storage report meshed with a bearish 2009 Atlantic hurricane forecast from AccuWeather.com.

Steadily increasing U.S. natural gas production will gradually catch up with stagnant consumption over the next few years, reaching 23.3 Tcf a year, just a whisker away from the projected 23.7 Tcf demand in 2014, according to a recent forecast.

Steadily increasing U.S. natural gas production will gradually catch up with stagnant consumption over the next six years, reaching 23.3 Tcf a year, just a whisker away from the projected 23.7 Tcf demand in 2014, according to a recent forecast.

While other proposed liquefied natural gas (LNG) projects started earlier and are further along in the siting process, Vancouver, WA-based Oregon LNG may catch up given that its permitting already has been cleared by the state land-use appeals process. The other two Oregon projects still face that oversight, which is expected to be contested by opponents of the two projects — NorthernStar Natural Gas’s Bradwood Landing site along the Columbia River and Jordan Cove in Coos Bay along the south-central Oregon coast.