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The Rockies Express Pipeline (REX) may be the super highway for natural gas when it is completely ramped up, but pipeline competitors already are forecasting a gap between the ever-growing production in the Rocky Mountains and takeaway demand, which together will require another major pipe system within three or four years.

The Rockies Express Pipeline (REX) may be the super highway for natural gas when it is completely ramped up, but pipeline competitors already are forecasting a gap between the ever-growing production in the Rocky Mountains and takeaway demand, which together will require another major pipe system within three or four years.

After climbing in morning trade, August natural gas futures bulls were aided in their quest ever so slightly Thursday as the Energy Information Administration (EIA) reported that a pedestrian 65 Bcf was injected into underground storage for the week ended July 13. As a result, the August contract worked higher to close out at $6.706, up 17.8 cents from Wednesday’s regular session finish.

As the oil and natural gas industry explores ever-deeper targets, particularly in the Gulf of Mexico (GOM), the Department of Energy (DOE) is touting a groundbreaking pre-drill seismic technology to confirm deep oil and natural gas reserves.

As the oil and natural gas industry explores ever-deeper targets, particularly in the Gulf of Mexico (GOM), the Department of Energy (DOE) used a cost-shared project managed by the Office of Fossil Energy’s National Energy Technology Laboratory (NETL) to develop groundbreaking pre-drill seismic technology.

North America’s conventional onshore and offshore natural gas production continues to decline, and two sources will prove to be ever more crucial to supply: unconventional production and liquefied natural gas (LNG) imports, an energy consultant said Thursday.

North America’s conventional onshore and offshore natural gas production continues to decline, and two sources will prove to be ever more crucial to supply: unconventional production and liquefied natural gas (LNG) imports, an energy consultant said Thursday.

Trading within a 13-cent band on Wednesday, natural gas futures traders basically confirmed that the walls are basically closing in with regard to the ever-tightening trading range of the past few months. June natural gas on Wednesday ended up closing on the day’s high of $7.890, up 2.6 cents from Tuesday.

Acknowledging that Nova Scotia has work to do if its waters are to ever be considered a world class attraction for exploration and production companies, the regulator of the province’s offshore petroleum industry announced changes to make the region more enticing.