Current

A Rockies producer had a pithy description of the current gas market: “It stinks!” Industrial firms that use gas as a feedstock and almost everyone enjoying lower gas bills might disagree, but it’s likely that many others in the gas industry also would prefer a sweeter-smelling market.

Domestic upstream merger and acquisition (M&A) deals in 2011 set another record, fueled by unconventional oil and natural gas, a survey by PLS Inc. has found.

The Marcellus Shale is the “best gas play” in the United States and at current price levels, “the only basin where dry gas should be drilled,” analysts with Tudor, Pickering, Holt & Co. (TPH) advised in a new report.

The Marcellus Shale is the “best gas play” in the United States and at current price levels, “the only basin where dry gas should be drilled,” analysts with Tudor, Pickering, Holt & Co. (TPH) advised in a new report.

North Dakota passed another oil production milestone in November, averaging more than a half-million b/d, according to preliminary data released Tuesday by the state Industrial Commission.

With one transaction, Chesapeake Midstream Partners LP (CHKM) has become the “biggest gathering system in the Marcellus Shale,” CEO J. Mike Stice said Thursday.

Tuscarora Gas Transmission Co. Friday submitted to FERC a settlement of the Section 5 complaint accusing the pipeline of significantly overrecovering its cost of service, making its current transportation rates “unjust and unreasonable.”

Current weather didn’t seem cold enough to justify the substantive gains realized Tuesday at nearly all points as many — but not all — traders returned to their offices from the Christmas holiday weekend. They may have been stocking up a bit in looking forward to the first week of January, when some predict a boost in heating load from the return of cold weather.

Tuscarora Gas Transmission Co. Friday submitted to FERC a settlement of the Section 5 complaint accusing the pipeline of significantly overrecovering its cost of service, making its current transportation rates “unjust and unreasonable.”