Deep

Offshore the East Coast in the Atlantic Continental Shelf, a treasure trove of energy reserves could be deep beneath the water, holding as much as 37 Tcf of natural gas and 3.8 billion bbl of oil, IHS Cambridge Energy Research Associates (CERA) said last week.

After digging deep into the rig count movements over the past year and considering natural gas guidance from some of the largest publicly traded gas producers, the odds are stacking up against the natural gas bulls, and U.S. output already may have bottomed, energy analysts said last week.

After digging deep into the rig count movements over the past year and considering natural gas guidance from some of the largest publicly traded gas producers, the odds are stacking up against the natural gas bulls, and U.S. output already may have bottomed, analysts with Raymond James & Associates Inc. said Monday.

After digging deep into the rig count movements over the past year and considering natural gas guidance from some of the largest publicly traded gas producers, the odds are stacking up against the natural gas bulls, and U.S. output already may have bottomed, analysts with Raymond James & Associates Inc. said Monday.

Call Art Berman a shale skeptic. It’s not that he doesn’t think there’s a lot of recoverable natural gas deep within the rock. It’s just that he doesn’t believe producers are being up front about how much it ultimately will cost to recover.

Call Art Berman a shale skeptic. It’s not that he doesn’t think there’s a lot of recoverable natural gas deep within the rock. It’s just that he doesn’t believe producers are being up front about how much it ultimately will cost to recover.

“The Haynesville formation has the capacity to be one of the most productive of the deep shale formations in the U.S.,” and Tenaska Capital Management LLC (TCM), an affiliate of Tenaska Energy Inc., plans to build a gas gathering system with multi-market capability to serve the East Texas play, the company said Thursday.

“The Haynesville formation has the capacity to be one of the most productive of the deep shale formations in the U.S.,” and Tenaska Capital Management LLC (TCM), an affiliate of Tenaska Energy Inc., plans to build a gas gathering system with multi-market capability to serve the East Texas play, the company said last Thursday.

While Pacific Gas and Electric Co. (PG&E) has proven to be a “solid, defensive” investment play in the midst of national and global economic troubles, California’s deep budget crisis raises new challenges, according to PG&E’s CEO Peter Darbee.