New Mexico Gas Output Drops for Sixth Year

While New Mexico’s natural gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, at least one exploration and production (E&P) company is “encouraged” by results so far this year.

March 18, 2013

EIA: Pipe Constraints Creating ‘Volatile’ New England Prices

Natural gas pipeline constraints, high international prices and declining production in eastern Canada could all combine to create sometimes volatile New England gas and power prices this winter, according to the Energy Information Administration (EIA).

January 23, 2013

Low Prices, Demand Forecast in Avista’s Idaho Gas Plan

Idaho regulators last Friday asked for stakeholder and general public comments on a long-term planning document by Spokane, WA-based Avista Utilities that forecasts 20 years of low gas prices and demand by its retail residential and business natural gas customers in the northern panhandle of the state.

November 20, 2012

U.S. Proppant Maker Squeezing Out Chinese Product

Despite some fall-off, Houston-based CARBO Ceramics Inc. Thursday said it continues to see strong ceramic proppant sales volumes in the active major shale plays such as the Eagle Ford, Permian and Bakken.

October 29, 2012
Soaring Niobrara-DJ Basin Rig Count Leads Unconventional Pack

Soaring Niobrara-DJ Basin Rig Count Leads Unconventional Pack

The unconventional oil and gas rig count sagged in the week ending Aug. 17, with numbers flat or declining in 10 of the nation’s 13 unconventional plays compared with the week before, but the liquids-rich Niobrara-Denver Julesburg (DJ) Basin continues to soar, according to NGI’s Shale Daily Unconventional Rig Count.

August 20, 2012

Natural Gas Prices Send Encana Into the Red

Encana Corp. on Wednesday reported a net loss of $1.5 billion in 2Q2012 after recording one-time impairments on declining 12-month average natural gas prices. The Calgary-based producer earned $383 million in the year-ago period.

July 26, 2012

Dramatic North American Energy Shift Eyed

Natural gas and oil liquids are expected to expand globally, U.S. energy imports will continue declining and a reordering of the fossil fuel mix in North America will prompt a rethinking of domestic energy policy, according to the authors of a study due out later this summer.

July 19, 2012

Enbridge Tweaks Outlook on Weak NGL Prices

As another indicator that declining natural gas liquids (NGL) prices are dragging down some bottom lines in the midstream sector, Enbridge Energy Partners LP said Tuesday it is lowering its full-year earnings projections to the $440-470 million range from earlier guidance of $510-$550 million.

July 5, 2012

IHS Report: Shale Creating Jobs Across Lower 48

Unconventional natural gas activity supported more than one million jobs in 2010, a number that is likely to grow to nearly 1.5 million by 2015. The industry is expected to generate significant job creation, economic growth and tax revenues nationwide — in producing and non-producing states alike — according to a new report from IHS Global Insight.

June 14, 2012

Salazar, Senators Spar Over Oil, Gas Production Data

Interior Secretary Ken Salazar and members of the Senate Energy and Natural Resources committee last Tuesday disagreed about the significance of declining oil and gas production on federal lands during a hearing on the department’s proposed 2013 budget.

March 5, 2012