Countering recent reports that drilling activity in the Bakken Shale play in North Dakota was being cut back, an analyst with Standard & Poor’s Ratings Services (S&P) told NGI’s Shale Daily Monday that drilling and production was still “full steam ahead,” although margins may compress some next year.
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Articles from Countering
Pennsylvania Governor Opposes Forced Pooling
Countering claims that he moves in lockstep with the industry on Marcellus Shale issues, Pennsylvania Gov. Tom Corbett spoke out against forced pooling in a speech last Tuesday before a Pittsburgh audience.
May 2, 2011
Pennsylvania Governor Opposes Forced Pooling
Countering claims that he moves in lockstep with the industry on Marcellus Shale issues, Pennsylvania Gov. Tom Corbett spoke out against forced pooling in a speech Tuesday before a Pittsburgh audience.
April 27, 2011
Cash Points Rise for Christmas as Cold Trumps Holiday Demand
Countering Wednesday’s trade where natural gas cash points came off across the board, Thursday’s trade for the long Christmas holiday weekend proved to be the exact opposite.
December 27, 2010
May Gains a Few Pennies But Still Settles Sub-$4
Following the recent trend of countering the preceding day’s price move, May natural gas futures on Tuesday notched a $3.879 low before rebounding to close at $3.975, up 3.1 cents from Monday’s finish.
April 21, 2010
May Gains a Few Pennies But Still Settles Sub-$4
Following the recent trend of countering the preceding day’s price move, May natural gas futures on Tuesday notched a $3.879 low before rebounding to close at $3.975, up 3.1 cents from Monday’s finish.
April 21, 2010
Futures Sink Following 46 Bcf Storage Build
Countering the combined 43.8-cent gain from trading on Tuesday and Wednesday, December natural gas futures — aided by a slightly bearish 46 Bcf storage injection report — gave back 34.7 cents on Thursday to close at $6.431. December crude futures also dropped $1.54 to finish at $65.96/bbl on the day.
October 31, 2008
Calpine Bullish on Canadian Operations, Income Fund
Perhaps countering some current trends among other United States energy interests, San Jose, CA-based Calpine Corp. talked bullishly Thursday about Canadian energy prospects. An income fund tied to the power plant developer/operator’s Canadian projects spewed more than $12 million in cash for the first quarter, and separately a Calpine Canadian official indicated the company intends to take a bigger stake in Canadian natural gas properties longer term.
April 28, 2003
Natural Gas Lobbyists Defend Against Coal Backers
Countering comments from labor unions supporting the coal industry, the heads of three natural gas associations in Washington Thursday advised Sen. James M. Jeffords, chairman of the Senate Environment and Public Works Committee, that natural gas is not claiming an undue share of the power generation market. Further, natural gas reserves are plentiful and the delivery system is adequate.
November 16, 2001
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