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Feet

U.S. Has 1.1 Qcfe of Resource, Says Researcher

The U.S. Lower 48 onshore has 1.1 quadrillion cubic feet equivalent (Qcfe) of recoverable resources across 450,000 drilling locations, according to a new analysis by Calgary-based ITG Investment Research, which, not surprisingly, cited the big-name shales for being reserves and production stars.

October 15, 2012

U.S. Has 1.1 Quadrillion Cubic Feet of Resource, Says Researcher

The U.S. Lower 48 onshore has 1.1 quadrillion cubic feet equivalent (Qcfe) of recoverable resources across 450,000 drilling locations, according to a new analysis by Calgary-based ITG Investment Research, which, not surprisingly, cited the big-name shales for being reserves and production stars.

October 9, 2012

Quicksilver, Shell Strike Deal in Colorado’s Sand Wash Basin

Quicksilver Resources Inc. has executed an agreement with the U.S. exploration arm of Royal Dutch Shell plc to establish an area of mutual interest (AMI) covering more than 850,000 acres of the Sand Wash Basin in northwestern Colorado.

September 25, 2012

Texas Coffers Lifted by Oil and Gas

Texas tax revenues during fiscal year 2012, which ended Aug. 31, were considerably higher than the prior year, according to the state comptroller’s office, thanks in part to oil and gas activities in the state.

September 18, 2012

Newfield Lifts 2012 Output Forecast — Again — on Oil, Liquids Growth

For the second time this year, Newfield Exploration Co. raised its full-year production forecast based on rising output from key U.S. onshore oil and natural gas liquids (NGL) plays.

July 20, 2012

Germany Releases Optimistic Shale Gas Estimate

Germany’s shale plays could hold trillions of cubic feet of natural gas, according to figures released last week by the Federal Institute for Geosciences and Natural Resources (BGR), a government geosciences authority.

July 5, 2012

FERC Data Shows Record Gas Trading Volumes in 2011

Total combined natural gas purchase and sales volumes reached 124,752 TBtu in 2011, a 2.5% increase compared with 121,682 TBtu in 2010, according to an analysis by Natural Gas Intelligence (NGI) of 2011 Form 552 filings with FERC.

June 4, 2012

FERC Form 552 Data Shows Record High Natural Gas Trading Volumes in 2011

Total combined natural gas purchase and sales volumes reached 124,752 TBtu in 2011, a 2.5% increase compared with 121,682 TBtu in 2010, according to an analysis by Natural Gas Intelligence (NGI) of 2011 Form 552 filings with FERC.

May 30, 2012

FERC Data: Record Gas Trading Volumes in 2011

Total combined natural gas purchase and sales volumes reached 124,752 TBtu in 2011, a 2.5% increase compared with 121,682 TBtu in 2010, according to an analysis by Natural Gas Intelligence (NGI) of 2011 Form 552 filings with FERC.

May 30, 2012

North Dakota Continues to Set Production Records

After a record-setting 2011, North Dakota continues to set all-time highs in oil and natural gas production, producing wells and rig counts, according to the latest statistics from the state’s Department of Mineral Resources (DMR).

March 22, 2012