Anyone familiar with the Eagle Ford Shale shouldn’t be surprised that U.S. Capital Advisors analyst Cameron Horowitz would title his latest note on the play “South Texas Swagger.”
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Eagle Ford Putting ‘Swagger’ in South Texas
Anyone familiar with the Eagle Ford Shale shouldn’t be surprised that U.S. Capital Advisors analyst Cameron Horowitz would title his latest note on the play “South Texas Swagger.”
Ohio Regulator Eyes Marcellus Water Management
Marcellus Shale operators in Pennsylvania are familiar with the Delaware River Basin Commission (DRBC) and the Susquehanna River Basin Commission (SRBC), the interstate regulatory agencies that manage water resources in eastern and central Pennsylvania, but currently don’t have to deal with a similar organization in the western half of the state. However, that may soon change.
Ohio River Regulator Considering Water Resources Management
Marcellus Shale operators in Pennsylvania are familiar with the Delaware River Basin Commission (DRBC) and the Susquehanna River Basin Commission (SRBC), the interstate regulatory agencies that manage water resources in eastern and central Pennsylvania, but currently don’t have to deal with a similar organization in the western half of the state. However, that may soon change.
Here We Go Again; Northeast Soars, Other Points Soft
There was something familiar about the pattern of Wednesday’s cash market. Perhaps it was because exactly two weeks earlier Northeast citygates were also spiking in the face of a approaching winter storm while nearly all other points softened moderately.
Apache Said Eyeing Some of BP’s Alaska Property
Houston’s Apache Corp. is in talks to buy $10-12 billion of BP plc’s properties, including some of its Alaskan assets, two people familiar with the discussions told NGI.
Monday Rallies Continue, But Size of Gains Recedes
In a now-familiar pattern, prices rebounded at nearly all points Monday by amounts ranging from about a nickel to half a dollar or so. Although cold weather forecasts weren’t able to keep quotes from falling Friday, enough moderate heating load is lingering early this week that along with the return of industrial demand from its usual weekend slump, sellers found no shortage of ready buyers.
Auction of Enron Headquarters Under Way
Enron Corp.’s familiar crooked “E” was auctioned off more than a year ago, and now its storied downtown Houston headquarters soon may belong to someone else. Two years to the day after Enron filed for bankruptcy, the company began taking bids Tuesday on the 55-story building.
Mild Weather Brings Futures Back to Familiar $3.00 Level
With little on either the technical or fundamental news front, natural gas futures shuffled sideways and lower yesterday, as traders weighed moderating temperatures against the potential for a bullish storage report Wednesday. At the closing bell the September contract was 4.1 cents lower at $2.999. The 12-month strip suffered only a minor setback, down 1.6-cents at $3.443.
Calpine Opens Second New Power Plant in California
Another 555 MW of new generation were officially brought online in California Monday by a now familiar pair–Gov. Gray Davis and Calpine Corp.CEO/founder Peter Cartwright–bringing to 1,400 MW the total for three new plants the governor has helped launch over the past two weeks. This one is Los Medanos Energy Center in the East San Francisco Bay industrial town of Pittsburg.