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Cabot Stepping On the Gas in the Marcellus

Cabot Stepping On the Gas in the Marcellus

Thanks to the Marcellus Shale, Houston-based Cabot Oil & Gas Corp. recently completed the best quarter in its history on an operational and financial basis. The company is adding a sixth rig in the play as it anticipates multiple infrastructure projects to come online in the months ahead, increasing the ability to get its gas to markets.

July 26, 2013

Lower 48 NatGas Output Still Trending Higher, Says EIA

Natural gas production in the Lower 48 and Other States categories was up in February compared with January and February 2012, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.

May 6, 2013
Shales Continue Pushing Lower 48 Production Higher

Shales Continue Pushing Lower 48 Production Higher

Natural gas production in the Lower 48 and Other States categories, which include some of the nation’s most prolific shale plays, was up in February compared with January and with February 2012, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.

May 2, 2013

EIA: Lower 48 Production Still Trending Higher

Natural gas production in the Lower 48 and Other States categories was up in February compared with January and February 2012, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.

May 2, 2013

EIA: Natural Gas Shatters Records in 2011

The nation last year set new records in a variety of categories for natural gas, including gross withdrawals, number of producing wells, domestic consumption, exports, and dry, marketed and onshore production, according to the U.S. Energy Information Administration (EIA).

October 1, 2012

Natural Gas Intelligence

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October 1, 2012

EnCana Earnings, Production Jump Sharply

With its purchase of Tom Brown last year, EnCana Corp.’s financial and performance results moved up in a number of categories as most analysts expected. The company posted a 12% increase in cash flow for the year, a 41% increase in operating earnings to US$1.98 billion — excluding the after-tax impacts of a $1.4 billion gain on the sale of UK North Sea assets and other one-time impacts — and a 49% increase in net earnings to $3.5 billion, or $7.51/share diluted.

February 28, 2005

EnCana Earnings, Production Jump Sharply

With its purchase of Tom Brown last year, EnCana Corp.’s financial and performance results moved up in a number of categories as most analysts expected. The company posted a 12% increase in cash flow for the year, a 41% increase in operating earnings to US$1.98 billion — excluding the after-tax impacts of a $1.4 billion gain on the sale of UK North Sea assets and other one-time impacts — and a 49% increase in net earnings to $3.5 billion, or $7.51/share diluted.

February 24, 2005

Devon’s Revenues and Production Rise Overshadowed by 2Q Income Drop

Despite reporting record high second quarter oil and gas production and revenues, Oklahoma City-based Devon Energy Corp. said that lower oil and natural gas prices caused net earnings to fall below year-ago levels. In addition, “sharply lower” gas prices in Canada also resulted in a non-cash full cost ceiling adjustment of $371 million, net of an income tax benefit.

August 2, 2002

NGPL’s Capacity Reserve Proposal Gets Nod

With a few minor changes, FERC has approved Natural Gas PipelineCo.’s (NGPL) proposal to establish procedures to reserve certaincategories of existing capacity for future expansions andextensions.

September 13, 1999