Expects

EIA: Lower 48 Production Declined Slightly in March

Natural gas production in the Lower 48 states was 71.76 Bcf/d in March, a 0.26 Bcf/d (0.4%) decrease compared with 72.02 Bcf/d in February, according to the Energy Information Administration’s (EIA) latest Monthly Natural Gas Gross Production report.

June 1, 2012

MarkWest Buys Appalachian System, Pledges to Expand

MarkWest Energy Partners LP is building out its services for Appalachian rich-gas producers with the $512 million acquisition of Pennsylvania-based Keystone Midstream Services LLC.

May 9, 2012

Transco Primed to Deliver for Marcellus Customers, Says Williams CEO

Williams management said Thursday it is primed for continued growth from the Marcellus Shale because producers want more natural gas takeaway capacity and stalwart Transcontinental Gas Pipe Line (Transco) is ready to deliver the goods.

April 27, 2012

Kinder: Dropdowns, Divestitures Accretive in 2013

Kinder Morgan Energy Partners (KMP) expects to complete during the third quarter the sale of pipeline and gas processing assets it agreed to let go in order to win antitrust approval for Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. Plenty of prospective buyers are sniffing around, CEO Rich Kinder told financial analysts during an earnings conference call last week.

April 23, 2012

Kinder: Dropdowns, Divestitures to Be Accretive Next Year

Kinder Morgan Energy Partners (KMP) expects to complete during the third quarter the sale of pipeline and gas processing assets it agreed to let go in order to win antitrust approval for Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. Plenty of prospective buyers are sniffing around, CEO Rich Kinder told financial analysts during an earnings conference call Wednesday afternoon.

April 20, 2012

GM Launches Bifuel CNG Chevy Silverado, Sierra Pickups

General Motors expects the 650-mile, extended-range workhorse vehicles will be on the road by the end of the year.

March 6, 2012

Long-Term Margins Seen Good for Ethane

Got ethane? Not to worry; someone will want it — now and in the future — according to analysts at Raymond James & Associates Inc. While the firm expects ethane prices to remain depressed through 1H2012, a rebound is coming in the second half of the year, and longer term the outlook is bullish for ethane demand.

February 27, 2012

Long-Term Margins Seen Good for Ethane

Got ethane? Not to worry; someone will want it — now and in the future — according to analysts at Raymond James & Associates Inc. While the firm expects ethane prices to remain depressed through 1H2012, a rebound is coming in the second half of the year, and longer term the outlook is bullish for ethane demand.

February 22, 2012

Schlumberger: 2012 GOM Rigs to Surpass Pre-Macondo Levels

Schlumberger Ltd. expects the drilling rig count in the U.S. Gulf of Mexico (GOM) to return to pre-Macondo levels later this year, CEO Paal Kibsgaard said Friday. However, North America’s onshore rig count is forecast to be flat, with more oil-directed rigs compensating for fewer rigs primarily drilling for gas.

January 23, 2012

Schlumberger: 2012 GOM Rigs to Surpass Pre-Macondo Levels

Schlumberger Ltd. expects the drilling rig count in the U.S. Gulf of Mexico (GOM) to return to pre-Macondo levels later this year, CEO Paal Kibsgaard said Friday. However, North America’s onshore rig count is forecast to be flat, with more oil-directed rigs compensating for fewer rigs primarily drilling for gas.

January 23, 2012