U.S. oilfield activity over the next year is going to be ugly, but a robust recovery should be underway in 2017, led by the Permian Basin, Eagle Ford and Bakken shales, Raymond James & Associates Inc. said Monday.
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Bears Stirring Before Government Storage Data; July Called 4 Cents Lower
July natural gas is expected to open 4 cents lower Thursday morning at $2.81 as traders digest healthy estimates of government storage data but note greater risk to the forecast than normal. Overnight oil markets were mixed.
Bears Stirring Before Government Storage Data; July Called 4 Cents Lower
July natural gas is expected to open 4 cents lower Thursday morning at $2.81 as traders digest healthy estimates of government storage data but note greater risk to the forecast than normal. Overnight oil markets were mixed.
NGI The Weekly Gas Market Report
Wealthiest U.S. Oil, Gas Tycoons Led by Kochs, CEOs of Continental, Kinder
Three people who gained their fortunes through Koch Industries Inc., as well as the founders of Continental Resources Inc. and Kinder Morgan Inc. (KMI), are among the wealthiest U.S. oil and gas tycoons, according to a ranking by Wealth-X.
Wealthiest U.S. Oil, Gas Tycoons Led by Kochs, CEOs of Continental, Kinder
Three people who gained their fortunes through Koch Industries Inc., as well as the founders of Continental Resources Inc. and Kinder Morgan Inc. (KMI), are among the wealthiest U.S. oil and gas tycoons, according to a ranking by Wealth-X.
Last Storage Withdrawal Report On Tap? April Seen 4 Cents Lower
April natural gas is expected to open 4 cents lower Thursday morning at $2.88 as estimates of near-term heating requirements lessened and traders prepare for what may be an early end to the traditional storage withdrawal season. Overnight oil markets fell.
Fires, Spill Mar Weekend in North Dakota’s Bakken
No injuries or environmental disasters resulted last weekend as North Dakota’s Bakken was hit by two wellsite fires, and a separate saltwater release northeast of the city of Williston, ND. The state Department of Mineral Resources (DMR) dispatched inspectors to the scene of each incident.
Engelder: Marcellus Production Proving Early Detractors Wrong
Production out of the nation’s shale plays over the past five years, especially the Marcellus Shale, has proven many early skeptics wrong, according to Terry Engelder, a geosciences professor at Pennsylvania State University who helped spawn interest in the Marcellus through his reserve estimates in 2008.
Study: Emissions Controls at Fracked Wells Are Working
The first of 16 methane emissions studies focusing on unconventional natural gas production and organized by the Environmental Defense Fund (EDF) has been published and says that industry efforts to control emissions at well sites are having a significant impact.
BreitBurn Gains Oklahoma Panhandle Assets in Whiting Deal
BreitBurn Energy Partners LP is adding to its Permian Basin portfolio after agreeing to pay about $860 million for stakes in Whiting Petroleum Corp.’s Postle and North East Hardesty oilfields in Oklahoma.