Tag / Cost



House $1.2T Funding Package Nixes Obama-Era Energy Rules, But Senate Future Uncertain

House lawmakers passed a $1.2 trillion package of appropriations bills for the next fiscal year on Thursday, but not before Republicans successfully added four amendments targeting Obama-era rules, including those governing methane emissions and the “social cost of carbon.”

September 14, 2017


In the story “Michigan Backs DTE Electric Contract With Nexus, But Denies Cost Recovery Plans,” NGI incorrectly reported that the utility’s cost-recovery plans were denied when, in fact, the decision was deferred.

January 20, 2017

Permian Delaware, Midland Lead Low-Cost Oil Plays, While Montney, Marcellus Tops For NatGas, Says BMO

Oil and natural gas industry costs have improved sharply since late 2014, but overall supply costs remain high, suggesting that it’s going to take stronger commodity prices to sustain global operations, BMO Capital Markets analysts said in a new report.

August 18, 2016

Weatherford Draws the Line on Layoffs, Pricing Discounts

Weatherford International plc has undergone a significant cost restructuring during the downturn, including a 42% reduction in its workforce over the past 18 months, management told investors during the company’s quarterly conference call Thursday.

July 29, 2016

U.S. Tight Oil Holds Competitive Edge Worldwide, Says Wood Mackenzie

The oil and gas industry is adapting to sustained lower commodity prices, all to the good in the U.S. onshore, where the tight oil plays have become commercially viable at an oil price of under $60/bbl, Wood Mackenzie research has found.

July 13, 2016

North American E&P Capital Efficiencies Strengthening on Higher NatGas, Oil Prices

Capital efficiencies for many North American producers should strengthen on the back of higher natural gas and oil prices than in 2015, but cost “reflation” has begun to reappear, according to analysts.

July 1, 2016

Shipper Balks at ANR Cost of Service Hike But Would Like Fewer Pipeline Zones

On Tuesday FERC granted a hearing for an ANR Pipeline Co. rate case reflecting “a substantial increase” in the pipeline’s cost of service. The Commission also will consider a “preferred case,” proposed by ANR, which would cut its rate structure from seven to four zones. Judging by filings in the docket so far, there will be plenty to talk about.

June 1, 2016
Marginal Costs to Produce Fall Sharply But Higher Oil Price Still Imperative, Bernstein Says

Marginal Costs to Produce Fall Sharply But Higher Oil Price Still Imperative, Bernstein Says

After falling 30% between 2014 and 2015 as oil prices plunged, the marginal cost to produce a barrel of oil could fall again in 2016, but operators overall still need higher commodity prices to breakeven, according to an analysis by Sanford C. Bernstein & Co. of the Top 50 global operators.

May 20, 2016

DCP Lays Off 10% More of Workforce, Cuts Spending

Denver-based DCP Midstream LLC, the largest natural gas processor in the country, has reduced its workforce by 10% and slashed capital spending for 2016.

April 5, 2016

High Tech Move to Oilfields Improving Production, Efficiency

Hydraulic fracturing coupled with horizontal drilling proved to be a game changer for the oil and natural gas industry, and today, operators are harnessing digital technologies that are improving their prospects even more.

December 30, 2015
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