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Despite Marcellus Surge, May U.S. NatGas Output Nearly Flat Year/Year

Despite Marcellus Surge, May U.S. NatGas Output Nearly Flat Year/Year

New wells in the Marcellus Shale kept natural gas production there on the upswing in May, but declines in several other areas kept total U.S. production to 81.84 Bcf/d, just 0.3% higher than the 81.61 Bcf/d reported in May 2012, according to the Energy Information Administration (EIA).

August 2, 2013

Burgeoning Shale Industry Still Honing Public Image

Output from the nation’s shale plays has ballooned domestic natural gas production over the past few years, but the industry, and the country, have yet to fully embrace all that the paradigm shift entails, said Rick Smead, a director in Navigant Consulting Inc.’s energy practice.

July 22, 2013

Burgeoning Shale Industry Still Honing Public Image

Output from the nation’s shale plays has ballooned domestic natural gas production over the past few years, but the industry, and the country, have yet to fully embrace all that the paradigm shift entails, said Rick Smead, a director in Navigant Consulting Inc.’s energy practice.

July 18, 2013
Eagle Ford County Officials Airing Drilling Waste Concerns

Eagle Ford County Officials Airing Drilling Waste Concerns

Frio County, TX is in the heart of Eagle Ford Shale country, but drilling waste hauling and disposal worries have overshadowed the economic boom that oil and gas activity has brought to the South Texas region, county officials said.

July 10, 2013

Outages Drop Marcellus Points As Low As 40 Cents; Futures Gain

Physical natural gas prices tumbled 8 cents overall in Wednesday’s trading as traders prepared for the Independence Day holiday, and many sections of the country expected to see mild weather. Nearly all points were in the red, and Northeast points bucked the downtrend, but a couple of points in the Marcellus suffered losses of over a dollar or more.

July 5, 2013

EIA: Lower 48 NatGas Production Up

Lower 48 gross natural gas production during April increased 0.8% (0.57 Bcf/d) to 73.24 Bcf/d from a revised March figure of 72.67 Bcf/d, the U.S. Energy Information Administration (EIA) said Friday. In a separate report, EIA said overall April dry gas production set a record for the month, although it was “a small increase” from April 2012.

July 1, 2013

Texans Willing to Pay, Pennsylvanians Less Sure on Shale Gas Risks

Decades of oil and gas drilling, and the jobs and benefits it provides, are engrained in Texas culture, and it’s a way of life that Pennsylvanians now are attempting to assimilate, but residents of both states continue to reconcile the advent of shale gas drilling, according to a survey of 1,600 adults.

July 1, 2013

Producers, Environmentalists Alike Lament Draft Fracking Rule

Oil and natural gas producers still are poring over the 171-page draft rule governing hydraulic fracturing (fracking) activities on public lands, and while proponents and opponents agree that some concessions were made by the agency in the latest rule to avoid duplication of state and tribal fracking requirements, they say BLM could have gone further.

May 20, 2013

Midwest, California Lead Gains; Futures Slip After Posting 21-Month High

The cash market on average gained 4 cents Wednesday for Thursday delivery as the midsection of the country continued to get lashed by snow, cold and generally winter-like conditions. California and Midwest points were strong, and other market centers posted more moderate gains. At the close of futures trading, June had eased 1.7 cents to $4.326 after posting a new 21-month high at $4.440 earlier in the day. July had fallen 1.5 cents to $4.379, and June crude oil was clobbered, falling $2.43 to $91.03/bbl.

May 2, 2013

Cash Prices Endure Widespread Weakness; Futures Steady

Cash natural gas prices retreated 11 cents on average Thursday as traders elected to factor in mild temperatures across the country and incorporate Wednesday’s screen weakness ahead of the release of government inventory data.

April 26, 2013
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