The United States has 2,384 Tcf of technically recoverable natural gas, the Potential Gas Committee (PGC) and the American Gas Association (AGA) said Tuesday. That’s more reserves than the PGC has calculated in its 48-year history and beats the previous high seen in 2010 by 486 Tcf.
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EIA: Reports Underestimated Natural Gas Output, Growth
The Energy Information Administration (EIA) in its Annual Energy Outlook (AEO) reports has tended to underestimate natural gas production and growth, and consequently overestimates net gas imports as well, the agency said in a report issued March 15.
EIA Says It Has Underestimated NatGas Production, Growth
The Energy Information Administration (EIA) in its Annual Energy Outlook (AEO) reports has tended to underestimate natural gas production and growth, and consequently overestimate net gas imports as well, the agency said in a report issued Friday.
Chesapeake Liabilities Deepen; Pickens Dumps Stock
Chesapeake Energy Corp. said in a regulatory filing Friday that it may have to delay some of the planned oil and natural gas asset sales this year, which could up be to $14 billion, because low natural gas prices may stretch its ability to comply with credit covenants.