Digging

Efficiencies have made the onshore rig count not as relevant a data point as it once was, but digging deeper into the data shows what types of rigs are gaining favor and why, according to Tudor, Pickering, Holt & Co. (TPH).

Stiff new fines are in store for sloppy digging or other misbehavior — by any company or person — that causes leaks and spills from Canadian long-distance pipelines under federal regulation,

While much of the East Coast was still digging out from Sunday’s blizzard, as evidenced by some cash point averages jumping several dollars for Tuesday delivery, natural gas futures traders on Monday were focusing on the future, which is why the January contract — a day ahead of expiration — dipped below $4 for the third time in two weeks before rallying to close at $4.112, up 2.9 cents from last Thursday’s finish.

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.

With portions of the Northeast still digging out from a weekend blizzard and another large winter storm looming over the Upper Midwest, Andover, MA-based WSI Corp. released a forecast on Monday — the first official day of winter — calling for temperatures across almost all of the country to average cooler than normal from January to March.

Calgary-based EnCana is digging in to expand its vast coalbed methane (CBM) resources, announcing Tuesday an ambitious plan to develop 700,000 acres of property in southern Alberta — assets estimated to contain more than 2 Tcf of recoverable natural gas.