Results of core and petrophysical analyses from a well on Quebec’s Anticosti Island are “encouraging,” according to Corridor Resources Inc. and Petrolia Inc., which hold leases covering more than 1.5 million acres on the island.
December
Articles from December
Texas Regulators, Industry Question EPA Diesel Fuel Fracking Rules
Language included in the Energy Policy Act of 2005 (EPACT) relating to the use of diesel fuel in hydraulic fracturing (fracking) “is extremely unclear and is open to interpretation,” making it unclear if the use of diesel fuel in fracking operations would be a violation of the Safe Drinking Water Act (SDWA), according to a Railroad Commission of Texas (RRC) spokesman.
Bastardi Sees January Deep Freeze for U.S.
Following record-cold December temperatures, AccuWeather.com chief long range forecaster Joe Bastardi said he sees the frigid trend extending coast-to-coast through mid- to late January.
U.S. to Enter January Deep Freeze, Bastardi Says
Following record-cold December temperatures, AccuWeather.com chief long range forecaster Joe Bastardi said he sees the frigid trend extending coast-to-coast through mid- to late January.
Upside Open? Futures Add 15.7 Cents to $4.164
Continuing the wild back and forth trading from one week to the next, December natural gas futures on Friday traded between $3.975 and $4.175 before closing at $4.164, up 15.7 cents from Thursday and 36.5 cents higher than the previous week’s finish.
Futures Erase Rally By Dropping Another 12.8 Cents
Despite some colder-than-normal temperatures on the horizon, December natural gas futures probed lower values for a third consecutive day on Friday. The prompt-month contract recorded a $3.794 low before closing the regular session at $3.799, down 12.8 cents from Thursday’s close and 13.8 cents lower than the previous week’s close.
Futures Push Above $4.20 Despite Gas Aplenty
Following its close above $4 on Monday, the December natural gas futures contract continued to march higher on Tuesday to a peak of $4.228 before closing the regular session at $4.210, up 12.2 cents on the day.
SM Energy Targets Eagle Ford, Ponders Haynesville
Like its peer Petrohawk Energy Corp. (see related story), SM Energy Co. is focusing more on the Eagle Ford. Plans for its Haynesville holdings are evolving.
Arkansas Considering Frack Disclosure Rule
Companies in Arkansas would have to reveal all of the chemicals they will use during hydraulic fracturing (fracking) operations at new natural gas wells in the state prior to fracking, according to rule changes being considered by the state’s Oil and Gas Commission (AOGC).
EIA: Monthly Production Slips for First Time This Year
Natural gas production in the Lower 48 states declined in June for the first time since last December, down 1.2%, or 0.81 Bcf/d, according to the latest 914 production data released by the Energy Information Administration (EIA).