England

UK Demonstrators Target Conventional Well for Anti-Fracking Protest

Anti-fracking activists in the United Kingdom last week scored something of a win, forcing Staffordshire, England-based Cuadrilla Resources Ltd. to scale back conventional drilling operations in West Sussex on the advice of police worried about “direct action” by protesters who began a three-day demonstration last Sunday.

August 20, 2013

Revised British Shale Gas Resource Could Equal Barnett or Marcellus

The Bowland-Hodder Shale of northern England has between 822 and 2,281 Tcf of natural gas in place, according to a new study that is the first to integrate all existing seismic data, geological analyses and well samples from the shale, the British Geological Survey (BGS) said Thursday. The assessment is higher than earlier estimates.

July 1, 2013
Britain’s Bowland-Hodder Shale Has 1,329 Tcf, Give or Take

Britain’s Bowland-Hodder Shale Has 1,329 Tcf, Give or Take

The Bowland-Hodder Shale of northern England has between 822 and 2,281 Tcf of natural gas in place, according to a new study that is the first to integrate all existing seismic data, geological analyses and well samples from the shale, the British Geological Survey (BGS) said Thursday. The assessment is higher than earlier estimates.

June 28, 2013

Northeast Storm-Driven Surge Masks Overall Weakness; Futures Slide

Physical natural gas prices Friday rose an average 79 cents to $4.92, but if the highly volatile and constrained New England points are removed from the figures, the average was a loss of 2 cents to $3.58.

February 11, 2013

Northeast Pipes Masking Market Strength; Futures Make It Two In a Row

Natural gas pricing Tuesday was widely varied with the overall market showing an average loss of a dime. Once the high-flying New England pipelines such as Algonquin, Tennessee and Iroquois are factored out, however, the market actually showed a gain of 13 cents.

February 6, 2013

WSI: Northeast Warmer, But Summer May Be Mild

The Northeast, Great Lakes and Southwest areas of the United States will remain mostly warmer than normal over the next three months, continuing a trend that kept a lid on natural gas consumption and prices through most of the winter, according to forecasters at Andover, MA-based Weather Services International (WSI). But conditions may be ripe for a cooler-than-normal summer overall this year, WSI said.

April 24, 2012

Cabot Cutting Marcellus Spending 20%

Following in the footsteps of other major Marcellus Shale operators, Cabot Oil & Gas Corp. plans to reduce capital spending by about $100 million this year in response to low natural gas prices.

February 22, 2012

Cash Mixed, But Futures Jump On Fresh Storage Data

Natural gas cash averages for the most part Thursday gained or lost a few pennies, but Northeast points saw double-digit gains as temperatures in New England were expected to drop and pipelines issued curtailments.

February 3, 2012

Bentek: Tennessee Line 300 to Loosen, Then Tighten Again

Producers in northeastern Pennsylvania will get a respite from the region’s pipeline capacity pinch — but not for long — according to Bentek Energy LLC.

September 27, 2011

Losses Dominate Mixed, Mostly Near-Flat Prices

April began Friday with fairly heavy snowfalls in upper New England, the eastern Midwest and even parts of the Pacific Northwest, according to The Weather Channel (TWC). But with warming trends due over the weekend, the belief that wintry weather was on its last legs except for remaining subfreezing patches in Canada resulted in softness being slightly dominant in a mixed cash market that was mostly flat or close to it.

April 4, 2011
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