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Fall

$1 Gas Prices? Maybe Not So Bad, Says EnerVest CEO

If natural gas prices were to fall to $1, that wouldn’t be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry’s “greatest savior,” he said last week at Bentek Energy’s Benposium in Houston.

May 21, 2012

$1 Gas Prices Might Help Industry, Says EnerVest CEO

If natural gas prices were to fall to $1, that wouldn’t be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry’s “greatest savior,” he said Wednesday at Bentek Energy’s Benposium in Houston.

May 17, 2012

EnerVest CEO Advises NatGas Peers to ‘Conspire to Constrain Supply Growth’

If natural gas prices were to fall to $1, that wouldn’t be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry’s “greatest savior,” he said Wednesday at Bentek Energy’s Benposium in Houston.

May 17, 2012

IHS CERAWeek: Gas, Oil at Top of Energy Pyramid for Decades, Says Exec

Oil’s share of the global energy supply will continue to fall, with the slack picked up mostly by natural gas, Total SA exploration chief Yves-Louis Darricarrere said Tuesday.

March 7, 2012

Deepwater Permit Approvals Still Below Historical Levels, Says IHS

Well drilling permit approvals in the deepwater Gulf of Mexico (GOM) increased significantly from April to October but still fall below pre-moratorium levels and they may for some time, according to updated research by IHS Inc.

December 22, 2011

Pennsylvania Marcellus Permits Pass 3,000 Mark

Pennsylvania issued its 3,000th Marcellus Shale drilling permit of the year in November, but the final well count for 2011 is likely to fall just shy of 2,000, if drilling remains at its current pace.

December 15, 2011

Youngstown State Plans Natural Gas and Water Resource Institute

Youngstown State University (YSU) is planning an on-campus institute to educate professionals and provide research for the Utica and Marcellus shale industry in Ohio and Pennsylvania, university officials said.

December 6, 2011

Pennsylvania Governor Planning Impact Fee

Pennsylvania Gov. Tom Corbett said he would introduce an impact fee for Marcellus Shale producers this month.

September 16, 2011

Prices Keep Sinking Amid Fall-Like Weather

The official start of fall is still a couple of weeks away, but try proving that to a soft gas market. Prices dropped at nearly all points Tuesday as mild forecasts dominated the weather outlook and a 17.8-cent dive by futures on the previous Friday contributed further bearish pressure.

September 7, 2011

Burgeoning Marcellus Production Widens Price Differential

Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.

September 7, 2011