After taking a day off from setting new 13-month lows on Tuesday, the November natural gas futures contract on expiration Wednesday got right back to exploring the depths. After reaching a new low of $3.212, the November contract went off of the board at $3.292, down 6.2 cents from Tuesday’s close. Meanwhile, the December contract recorded a low on Wednesday of $3.718 before closing the regular session at $3.763, down three-tenths of a penny from Tuesday’s finish.
Exploring
Articles from Exploring
Gas Rig Count Finally Falls After Steady Climb
The number of rigs activity exploring for natural gas in the United States declined on Friday for the first time in six weeks, Baker Hughes Inc. reported.
August 2, 2010
Gas Rig Count Finally Falls After Steady Climb
The number of rigs activity exploring for natural gas in the United States declined on Friday for the first time in six weeks, Baker Hughes Inc. reported Friday.
August 2, 2010
Haynesville, East Texas Escape Cutbacks
The economy and low commodity prices scuttled capital spending plans this year for scores of U.S. energy companies, but for many operators exploring and developing the natural gas-rich area that straddles a region covering East Texas and northern Louisiana, that’s not the case.
March 2, 2009
Rig Count Falling Across North America
The number of rigs actively exploring for natural gas and oil continues to slow, with the U.S. rig count flat at 1,941 as of Friday after losing a record 51 rigs the week before. Canada operators laid down another 18 rigs last week, Baker Hughes Inc. reported Friday.
November 24, 2008
Regulators Suspend Operations of Two Marcellus Shale Producers
Pennsylvania regulators have ordered two companies exploring for natural gas in the emerging Marcellus Shale play to suspend a portion of their operations in northern Pennsylvania for violating the state’s Clean Streams Law.
June 9, 2008
Regulators Suspend Operations of Two Marcellus Shale Producers
Pennsylvania regulators have ordered two companies exploring for natural gas in the emerging Marcellus Shale play to suspend a portion of their operations in northern Pennsylvania for violating the state’s Clean Streams Law.
June 5, 2008
Western Judge Sides with Producer in Split-Estate Controversy
In a ruling significant for its split-estate implications, Pinnacle Gas Resources Inc. last week began exploring for natural gas beneath a Montana ranch after a state judge ruled against the ranch owner.
January 14, 2008
Pinnacle Wins Split-Estate Controversy with Wealthy Rancher
In a ruling significant for its split-estate implications, Pinnacle Gas Resources Inc. is exploring for natural gas beneath a Montana ranch after a state judge this week ruled against the ranch owner.
January 11, 2008
Bears Have Early Thanksgiving Feast as Futures Settle Sub-$7.50
December natural gas futures on Tuesday continued exploring lower price levels, recording a low of $7.460 before settling at $7.477, down 31 cents from Monday.
November 21, 2007
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