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Fall

NatGas Forwards Prices Lose Steam Amid Bearish Weather, Producer Selling

NatGas Forwards Prices Lose Steam Amid Bearish Weather, Producer Selling

June natural gas forward prices fell an average 8 cents from April 28 to May 2 as bearish near-term weather and producer selling pressured the markets, according to NGI Forward Look.

May 3, 2017
Lenders Appearing More Optimistic as E&P Fall Redeterminations Beckon

Lenders Appearing More Optimistic as E&P Fall Redeterminations Beckon

Fall redetermination season for U.S. exploration and production (E&P) companies is about to begin, with lenders more optimistic about borrowing levels, while exploration and production (E&P) companies appearing to accept that low commodity prices may be sustained.

October 4, 2016
U.S. Rig Count in 2013 to Decline 8%, Well Count Down 4%, Says Baker

U.S. Rig Count in 2013 to Decline 8%, Well Count Down 4%, Says Baker

Baker Hughes Inc. executives on Friday said the total U.S. rig count should fall on average by 8% this year from 2012, but with better drilling efficiencies, the onshore well count may only decline by 4% to around 35,000.

July 22, 2013

Nabors Sees ‘Pronounced’ Shortfall in Pressure Pumping, Top Drives

Oilfield services giant Nabors Industries Ltd. last week warned that operating results for the second quarter will fall below consensus estimates because of a “pronounced” shortfall in the pressure pumping and top drive completion service lines.

July 15, 2013

Nabors Sees ‘Pronounced’ Shortfall in Pressure Pumping, Top Drives

Oilfield services giant Nabors Industries Ltd. on Tuesday warned that operating results for the second quarter will fall below consensus estimates because of a “pronounced” shortfall in the pressure pumping and top drive completion service lines.

July 11, 2013

U.S. Shale Gas Lifting E&P Proven Reserves

Onshore drilling efficiencies in domestic shale gas plays continue to increase, per-unit costs continue to fall, and together, they given a big boost to operators’ proven reserves, by one calculation.

June 17, 2013

U.S. Shale Gas Lifting E&P Proven Reserves

Onshore drilling efficiencies in domestic shale gas plays continue to increase, per-unit costs continue to fall, and together, they given a big boost to operators’ proven reserves, by one calculation.

June 14, 2013

Tight Oil, Liquids Boost U.S. Upstream Spending in 2012

Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.

June 6, 2013

Kinder Morgan Shelves Permian-California Crude Pipeline

Following an unsuccessful open season, Kinder Morgan Energy Partners LP (KMP) has shelved plans for the Freedom Pipeline, which would have carried Permian Basin crude oil from Texas to California refineries.

June 3, 2013
Northeast Shale Challenges Bigger, Not Different, Says Williams Exec

Northeast Shale Challenges Bigger, Not Different, Says Williams Exec

No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now “four years into a 50-year play,” but ensuring that there’s enough infrastructure for adequate takeaway will take some time, a top Williams executive said Tuesday.

May 23, 2013
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