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Foreign Nations Pin Hopes on U.S. Shale, LNG

The shale gas revolution and and planned liquefied natural gas (LNG) exports to foreign nations have elevated the United States’ position on the global energy stage, said European and Asian energy representatives Thursday. They urged U.S. House lawmakers to seize the new energy tool for diplomatic purposes and to aid allies.

October 11, 2013
Permian Basin ‘Booming,’ Atmos Gas Buyer Says

Permian Basin ‘Booming,’ Atmos Gas Buyer Says

The venerable Permian Basin, which has seen its share of booms and busts in its 86-year production history, is booming beyond most of the industry’s recognition, said Alan Chambers, senior gas buyer for Atmos Energy Corp. and a native of the Permian region.

October 11, 2013

Range Blasts Media Coverage of Pennsylvania Contamination Case

Range Resources Corp. says it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in its hydraulic fracturing (fracking) operations.

October 11, 2013
Chevron’s U.S. Upstream Output Holding Steady

Chevron’s U.S. Upstream Output Holding Steady

Chevron Corp.’s U.S. upstream production is holding steady from a year ago, with natural gas output higher and liquids holding steady, the operator said late Wednesday in an interim 3Q2013 report.

October 11, 2013
Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up

Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up

Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.

October 11, 2013

MSC Opposes Gubernatorial Hopeful’s Calls for NatGas Severance Tax

Gubernatorial candidates in Pennsylvania who have called for severance taxes on the state’s shale natural gas industry are embracing “misguided, job-crushing policies,” the Marcellus Shale Coalition (MSC) said Thursday.

October 11, 2013

Antero IPO Tops the Charts

Investors poured into onshore operator Antero Resources Inc. in its debut Thursday on the New York Stock Exchange, gaining more than 18% to close at $52.01. “AR,” the most heavily traded stock of the day, saw more than 28.4 million shares trade hands.

October 11, 2013
Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day

Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day

Antero Resources Inc., which today is an Appalachian Basin-only operator, made a stunning debut Thursday on the New York Stock Exchange, with the share price up 18.2% from the opening of $44.00 to end the day at $52.01. More than 28.4 million shares traded hands, with “AR” the most-traded stock on the day.

October 11, 2013
Economic, Climate Benefits of Shale NatGas Questioned

Economic, Climate Benefits of Shale NatGas Questioned

Unconventional natural gas in the onshore likely will keep U.S. prices low until 2020, but it may not translate to climate benefits or an improved economy, according to an elite group of industry, academic and scientific experts.

October 11, 2013

Differing NatGas Price Scenarios Offered

U.S. natural gas supply and demand should continue to be robust through the next 10 to 12 years, but a panel of experts in Los Angeles have different ideas on what this could mean for future prices and volatility.

October 11, 2013