Southern lows predicted to drop to the 50 area east of the Mississippi River were contributing a small amount of heating load to the much bigger demand in Canada and from the U.S. Northeast through the Midwest into the Upper Plains. The entire cash market continued to move higher Thursday except for a flat Agua Dulce, but significantly smaller increases than the day before signaled that the week’s bullishness might be running out of steam.
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Canada’s Gas Exports to U.S. Continue Decline
Canadian natural gas exports deteriorated further during the 2009-2010 heating season, contributing to an accelerating switch of drilling targets to oil north of the border.
June 7, 2010
Canada’s Gas Exports to U.S. Continue Their Decline
Canadian natural gas exports deteriorated further during the 2009-2010 heating season, contributing to an accelerating switch of drilling targets to oil north of the border.
June 7, 2010
Nearly All Points Up on New Heating Load Gains
Prices continued to rise at nearly all points Wednesday as the South began contributing some heating load of its own to what already existed from the Northeast through the Rockies. Temperatures were due to keep falling Thursday in the Northeast and sections of the Midwest, but some moderation was forecast for the Rockies.
March 12, 2009
EnCana Files Plan for New BC Processing Plant
Activity in British Columbia’s (BC) Horn River Basin has been contributing to leasing records in the province, spurring new pipeline proposals and a proposal for a new gas processing plant, which EnCana Corp. filed recently with provincial regulators.
January 6, 2009
State Sees Lower Transport Rates, Higher Netbacks with TC Alaska
A key factor contributing to greater revenues to the state of Alaska under TransCanada Corp.’s TC Alaska mega-pipeline proposal rather than a competing proposal advanced by major producers is that the producer plan financing is expected to be based on a higher level of equity requiring higher transportation rates and lower netback and royalty payments, according to the analysis and determination issued last Tuesday by state Commissioners of Natural Resources and Revenue.
June 2, 2008
State Sees Lower Transport Rates, Higher Netbacks with TC Alaska
A key factor contributing to greater revenues to the state of Alaska under TransCanada Corp.’s TC Alaska mega-pipeline proposal rather than one put forward by major producers is that the producer plan financing is expected to be based on a higher level of equity requiring higher transportation rates and lower netback and royalty payments, according to the analysis and determination issued Tuesday by state commissioners of Natural Resources and Revenue.
May 30, 2008
Sales Volumes Boost Anadarko 2Q Revenue But Taxes, Interest Cut Net
Anadarko Petroleum Corp.’s domestic gas sales grew 65% in the second quarter from the year-ago period while realized gas prices increased 12.5%, contributing to a hefty revenue surge. However, net income was down for the quarter, $652 million ($1.39/share) versus $814 million ($1.76/share), a 20% decline blamed in large part on income taxes associated with divestitures as well as higher interest expense.
August 1, 2007
Barnett Shale Accounts for 5% of Fort Worth Area Economy
Exploration and production (E&P) activity in the Barnett Shale is contributing more than $5 billion annually to North Texas coffers and has created about 55,000 permanent jobs in the area, according to a study of energy companies drilling and producing in the 14 counties of the hydrocarbon-rich region.
May 17, 2007
Rockies Producers Look to the East
The Rocky Mountain region is “the engine” of America’s natural gas industry, and the “world famous” Pinedale Anticline in southwestern Wyoming will be contributing to the country’s gas supply for years to come.
May 8, 2006
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