U.S. hydraulic fracturing (fracking) capacity utilization has fallen by almost one-third since January, and all of the major domestic plays are in a “negative frack pricing environment,” according to PacWest Consulting Partners.
Fifths
Articles from Fifths
Prices Soar Due to Katrina; Shut-Ins Exceed 8 Bcf/d
Triple-digit price increases dominated the cash market Monday as Hurricane Katrina caused the shut-in of 8.3 Bcf/d, or more than four-fifths of Gulf of Mexico (GOM) natural gas production. Questar was the only pipe that failed to break the $9 level, and $10-plus averages were rampant throughout eastern markets.
August 30, 2005
Discovery Potential Limited; Alberta Focuses on Production
Alberta, source of four-fifths of Canadian natural gas production, has reached its natural upper limit as a supplier and its industry will have to scramble to maintain current output, the National Energy Board says.
April 19, 2004
Discovery Potential Limited; Alberta Focuses on Production
Alberta, source of four-fifths of Canadian natural gas production, has reached its natural upper limit as a supplier and its industry will have to scramble to maintain current output, the National Energy Board says.
April 19, 2004
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