ExxonMobil Corp.’s profits in the first three months of 2011 eclipsed its peers on higher natural gas production and solid chemical returns, harkening back to the industry’s boom days before the late 2008 global economic collapse. Chevron Corp., BP plc, ConocoPhillips and Royal Dutch Shell plc were among several big producers also reporting profitable results.
Eclipsed
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Chesapeake: Barnett to Move Aside for Haynesville by 2015
The Haynesville Shale will surpass the Barnett Shale to become the largest source of domestic natural gas production by 2014 or 2015, only to be eclipsed within a few years by the Marcellus Shale, Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.
June 1, 2009
Chesapeake: Barnett to Move Aside for Haynesville by 2015
The Haynesville Shale will surpass the Barnett Shale to become the largest source of domestic natural gas production by 2014 or 2015, only to be eclipsed within a few years by the Marcellus Shale, Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.
June 1, 2009
Energy Futures Fall on ‘Global Margin Call,’ Broker Says
All but eclipsed by yet another day of wild swings on Wall Street, energy futures still were able to make a splash on Friday as crude futures pushed below $80/bbl for the first time in exactly one year and natural gas futures continued to nip at their 13-month low. November crude ended up closing $8.89 lower at $77.70/bbl while November natural gas finished at $6.535, down 29 cents on the day and 82.3 cents lower than the previous week’s finish.
October 13, 2008
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