Barring an intervention by policymakers to restrict hydraulic fracturing, and as long as there is a worldwide economic recovery, steady growth will continue within the natural gas industry through 2030 because of growing worldwide demand, energy experts said last week.
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Articles from Disappear
U.S. E&P Costs Move Higher in ’02 as Easy Prospects Disappear
Despite lower drilling activity levels and service costs in 2002, exploration and production (E&P) costs rose for the third straight year, mostly because of the lack of easily exploitable prospects, CreditSights analysts reported.
March 3, 2003
Producers See Income Disappear, Production Down 4% From Year Ago
The first quarter reports of North American producers rolled in last week, but there was hardly any good news from the group. Net income was nearly decimated at some companies compared with the free flowing cash of a year ago. And production levels, which are up at some of the smaller independents, also are down overall, with analysts predicting a drop year-over-year of 4% — and a nearly 3% drop from the fourth quarter.
April 29, 2002
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