An analysis of natural gas market and gas patch dynamics by analysts at Standard & Poor’s Ratings Services (S&P) yields little reason to be excited about dry natural gas production. And ongoing low natural gas prices won’t be much of a catalyst for opportunistic mergers and acquisitions (M&A), one S&P credit analyst said Wednesday.
Excited
Articles from Excited
Marcellus ‘Only Basin’ to Drill Dry Gas Today, Says Analyst
The Marcellus Shale is the “best gas play” in the United States and at current price levels, “the only basin where dry gas should be drilled,” analysts with Tudor, Pickering, Holt & Co. (TPH) advised in a new report.
Traders Await a ‘Double Whammy’ Thursday; June Gains
June natural gas futures gained ground as traders covered short positions prior to both the June contract expiration and the release of government inventory figures. At the closing bell June natural gas had risen 3.4 cents to $4.379 and July had gained 3.2 cents to $4.423. July crude oil jumped $1.73 to $101.32/bbl.
New Program to School Shale Patch Workforce
The Venango Campus of Clarion University in Oil City, PA, is offering a new degree program to prepare students for careers in the Marcellus Shale and other areas of the natural gas industry.
Gas Demand: ‘Not a Lot to Get Excited About’
With the exception of the power generation market, “I don’t see a lot to get excited about” when it comes to natural gas demand, an official with Tudor, Pickering, Holt & Co. Securities Inc. (TPH) told NGI Tuesday.
Oil Patch Exporters Shiver as Loonie Soars Above U.S. Dollar
On an international natural gas market turned upside down by the fall of the American dollar, Canadians are calling US$100/bbl oil nothing to get excited about except as potentially bad news.
Oil Patch Exporters Shiver as Loonie Soars Above U.S. Dollar
On an international natural gas market turned upside down by the fall of the American dollar, Canadians are calling US$100/bbl oil nothing to get excited about except as potentially bad news.
One Hot Play: The Fort Worth Basin’s Barnett Shale
In a world of accelerating decline rates, depleting reserves and LNG uncertainty, unconventional gas plays in the Lower 48 are something to be excited about. This is particularly true of the burgeoning Barnett Shale play in the Forth Worth basin of north-central Texas.
FERC Bows to Capitol Hill Pressure with Reporting Requirement
FERC’s plan to impose a (price and volume) reporting requirement on transporters and sellers into the California natural gas market (RM01-9) has drawn mixed reactions from industry, but most agree that the Commission was pressed by Congress to take this action.
Dynegy Sees Higher Earnings Across the Board
Dynegy Inc. CEO Chuck Watson said last week he had “never beenso excited” about his company’s fourth quarter and yearendearnings, because across the board, every business segment of theHouston-based company was up. Referring to California, Watson saidDynegy had taken steps “months ago,” in anticipation of today’sproblems, and now was actively supporting planned changes there.