With the proceeds counted from the sale of its Permian Basin acreage earlier this year, Frisco, TX-based Comstock Resources Inc. is squarely focused on the Eagle Ford Shale of South Texas, where it is drilling longer-lateral wells for less money in fewer days and looking for bolt-on acreage acquisitions. The Haynesville Shale will have to wait.
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EIA Says New Infrastructure Boosting Production in PA, WV
New pipeline and compressor infrastructure has helped boost dry gas production in West Virginia and neighboring southern Pennsylvania counties since early 2012, with more growth still expected to come in the region despite strategic shifts by oil and gas companies to more liquids-rich targets, the U.S. Energy Information Administration (EIA) said Tuesday.
July 31, 2013
Northeast, East Lead Cash Lower, But Futures Swoon
Physical natural gas overall fell 2 cents in Thursday’s trading, but that followed the typical Thursday script of traders getting their deals done prior to the release of Energy Information Administration (EIA) inventory data.
June 28, 2013
Northeast Still Gaining, But Futures Tumble
Cash prices overall were steady Thursday in large part due to physical traders getting their deals done prior to the release of the Energy Information Administration (EIA) storage figures and subsequent price volatility.
May 31, 2013
Colorado Oil, Gas Industry ‘Dumbfounded’ by Bill’s Defeat
Legislation in Colorado that would have imposed higher penalties for oil and natural gas operators that violated state regulations — supported by the governor and the energy industry — went down in defeat Wednesday, the final day of the session.
May 10, 2013
Northeast Eases, But Midcontinent, East Firm; Futures Inch Higher
Physical natural gas fell all of a half cent on average Thursday as traders got most deals done prior to the Energy Information Administration (EIA) report on natural gas inventories.
May 10, 2013
Cash Holds Firm; Futures Shoot Higher On Storage Data
Cash prices added less than a penny overall in Thursday’s trading as traders got their deals done ahead of the release of government inventory figures.
April 19, 2013
Florida Lawmakers Eye NatGas Transportation Tax
Companion bills in the Florida legislature would tax providers of natural gas as a transportation fuel, rather than taxing natural gas vehicle (NGV) operators as is currently done. The measures would enact a 4-cent tax/motor fuel gallon equivalent of natural gas.
April 11, 2013
Cash Uninspired By Futures Lift-Off
Cash natural gas prices held steady on average Thursday with most traders electing to get deals done ahead of the morning inventory report from the Energy Information Administration (EIA).
March 15, 2013
Natural Gas Not Out of Favor at Vanguard
Unlike many producers today, Vanguard Natural Resources LLC is not necessarily focused on oil and natural gas liquids (NGL)-rich acquisitions. The company has done recent deals for both liquids and dry gas assets, instead focusing on margin and how the properties fit into its structure, CEO Scott Smith said last week.
March 11, 2013
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