Because estimated technically recoverable shale gas resources have doubled in a year, the annual average natural gas wellhead price will remain under $5/Mcf through 2022, the Energy Information Administration (EIA) said Thursday.
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Range Doubles Marcellus Output, Plans Repeat in 2011
With two weeks still left in 2010, Range Resources Corp. said Wednesday it has more than doubled its Marcellus Shale production year/year.
Yergin: ‘Shale Gale’ Transforms Gas Market
The “shale gale” that has swept across the United States and into Canada already has more than doubled the size of discovered natural gas resources in North America and is enough to satisfy more than 100 years of consumption at current rates, according to a study by IHS Cambridge Energy Research Associates (CERA).
Yergin: ‘Shale Gale’ Transforms Gas Market
The “shale gale” that has swept across the United States and into Canada already has more than doubled the size of discovered natural gas resources in North America and is enough to satisfy more than 100 years of consumption at current rates, according to a new study by IHS Cambridge Energy Research Associates (CERA).
Yergin: ‘Shale Gale’ Transforms Gas Market
The “shale gale” that has swept across the United States and into Canada already has more than doubled the size of discovered natural gas resources in North America and is enough to satisfy more than 100 years of consumption at current rates, according to a new study by IHS Cambridge Energy Research Associates (CERA).
Speculators’ Influence ‘Clear’ in Oil Markets, Say Rice Economists
The size and influence of speculative traders in the oil markets has more than doubled in the past decade, and “enhanced regulations” should be implemented for noncommercial traders, energy economists at Rice University’s Baker Institute for Public Policy said Thursday.
Speculators’ Influence ‘Clear’ in Oil Markets, Say Rice Economists
The size and influence of speculative traders in the oil markets has more than doubled in the past decade, and “enhanced regulations” should be implemented for noncommercial traders, energy economists at Rice University’s Baker Institute for Public Policy said Thursday.
EnCana Doubles Reward to $1M for Information on Bombings
EnCana Corp. last Thursday said it doubled its reward to $1 million for information that “significantly” contributes to the investigation and prosecution of the person or persons responsible for the bombings of the company’s natural gas pipeline and production facilities in the Dawson Creek area in northeastern British Columbia.
EnCana Ups Reward to $1M for Information on Bombings
EnCana Corp. Thursday said it has doubled its reward to $1 million for information that “significantly” contributes to the investigation and prosecution of the person or persons responsible for the bombings of the company’s natural gas pipeline and production facilities in the Dawson Creek area in northeastern British Columbia.
Range’s Goal: Triple Marcellus Shale Output
Range Resources Corp. spent most of 2008 picking up prospective acreage in the Marcellus Shale, and by year’s end it had doubled its leasehold to 900,000 net acres. Now the production phase is kicking in, and Range plans to build its natural gas output from a current net rate of 30 MMcf/d to up to 100 MMcf/d by the end of 2009, the CEO said Wednesday.