Declining

In the unconventional gas resource era, falling rig counts no longer mean declining production, and the traditional rig count no longer tells the tale of where the industry and the market are going, according to Bentek Energy LLC.

In the unconventional gas resource era, falling rig counts no longer mean declining production, and the traditional rig count no longer tells the tale of where the industry and the market are going, according to Bentek Energy LLC.

Greater sage grouse habitat is declining at a sharp rate in the West, and aggressive steps need to be taken to shift away natural gas and oil development, according to a peer-reviewed study.

Greater sage grouse habitat is declining at a sharp rate in the West, and aggressive steps need to be taken to shift away natural gas and oil development, according to a peer-reviewed study.

The U.S. natural gas market may be pricing 2010 based on forecasts for a strong recovery in demand and declining supply, but a modest recovery is more likely next year, with prices averaging $5.05/MMBtu, Barclays Capital analysts said last week.

The U.S. natural gas market may be pricing 2010 based on forecasts for a strong recovery in demand and declining supply, but a modest recovery is more likely next year, with prices averaging $5.05/MMBtu, Barclays Capital analysts said in a note.

With production from some of the more mature domestic natural gas basins declining, competition likely will intensify for gathering and processing (G&P) services to transport shale gas, according to industry players.

With production from some of the more mature domestic natural gas basins declining, competition likely will intensify for gathering and processing (G&P) services to transport shale gas, according to industry players.

Expenses related to pipeline expansion projects were a drag on profits in 2Q2009, with earnings declining to $20.3 million (12 cents/share) compared with $64.7 million (50 cents/share) in 2Q2008, Houston-based Boardwalk Pipeline Partners said Monday.