Tag / Foot



Northeast Sees $10-Plus Gas; 72 Bcf Storage Draw Doesn’t Faze Traders

Natural gas cash prices soared Friday following a post-Christmas snow storm that dropped more than a foot of snow on large swaths of the Northeast. A handful of locations in the region even soared north of $10/MMBtu as pipelines were running at capacity with even more cold forecasted in the week ahead.

December 31, 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

Utah Gas Production Plans Boosted by BLM

The prospects for expanding natural gas exploration and production (E&P) on federal Bureau of Land Management (BLM) lands in eastern Utah were given a boost by the federal agency on Friday, although the action drew strong opposition from environmental groups concerned about the impact on a rugged wilderness area.

March 20, 2012

Fracking Sans Water? It’s the Real Deal

In the environmental debates raging around natural gas and oil drilling in North America, one thing until now has not been in dispute: it takes huge amounts of water to open up reservoir fractures deep underground. However, new technologies developed in Canada, which have been tested in the United States, may offer the energy industry a waterless way forward.

November 14, 2011

Corbett’s Proposed Pennsylvania Shale Policy Gets Shrug

Pennsylvania Gov. Tom Corbett is getting a lukewarm reception for his proposed changes to state shale policy, which largely mimic the recommendations his Marcellus Shale Advisory Commission made three months ago (see Shale Daily, Oct. 4).

October 5, 2011

ExxonMobil Secures Shale Leases in Ohio

Landowners in Belmont County, OH, which has become a hotbed of activity for prospective shale exploration, are signing leases with ExxonMobil Corp. subsidiary XTO Energy Inc. to allow drilling to begin on their acreage, the company has acknowledged.

September 26, 2011

Range Resources Shares Surge on Takeover Talk

Range Resources Corp., an early pioneer in the Barnett Shale that has since taken its estimable talents to the Marcellus, on Wednesday saw its share price jump almost 20% in early trading after reports surfaced that Royal Dutch Shell plc or another major oil company might make a bid for the company.

September 22, 2011

Schlumberger’s Reservoir Modeling Systems Build Fan Base

Schlumberger Ltd. is seeing continued strength in its North American operations in part because of its hydraulic fracturing (fracking) technology, which is reducing time and costs to complete a well, management said Friday.

July 25, 2011

West Virginia City Might Take Driller to Court

Officials with the City of Morgantown, WV, said the city might take Northeast Natural Energy (NNE) to court if the city passes an ordinance banning hydraulic fracturing (hydrofracking) and the company subsequently starts using the practice at two Marcellus Shale gas wells.

June 10, 2011

Wednesday Dip Seen as Profit-Taking With Bulls Still at the Helm

Natural gas futures traders took their foot off the accelerator on Wednesday as the July contract came off fresh highs on a round of profit-taking to close back below $5 at $4.978, down 21.1 cents from Tuesday’s finish.

June 17, 2010
‹ Previous 1 2 3 4