Forecasting

Study: Barnett Slowing But Not Nearly Done

Study: Barnett Slowing But Not Nearly Done

The Barnett Shale’s natural gas production potential is “slowly declining;” however, total resource recovery from the granddaddy of shale plays is expected to be three times what has been produced to date, according to research conducted by the Bureau of Economic Geology (BEG) at The University of Texas at Austin and funded by the Alfred P. Sloan Foundation.

March 1, 2013

Credit Suisse Predicts Gas Prices Will Rise in 2013

Forecasting a decline in production setting in during 2013, Credit Suisse’s head of energy commodities research believes North American natural gas prices are due for a rebound from 2012 levels.

January 7, 2013

Credit Suisse Predicts Gas Prices Will Rise in 2013

Forecasting a decline in production setting in during 2013, Credit Suisse’s head of energy commodities research believes North American natural gas prices are due for a rebound from 2012 levels.

January 7, 2013

Raymond James: Low-Priced Gas Helps Add 6 Bcf/d of Demand

Forecasting increasing natural gas prices through the rest of this year, energy analysts at Raymond James said Monday their estimates indicate natural gas-fired power generation added 6 Bcf/d of demand year over year through May this year.

August 21, 2012

Halliburton: ‘Modest’ Drop in U.S. Dry Gas Rigs

Halliburton Co. is forecasting a “modest reduction” in the U.S. natural gas rig count through the rest of this year as operators remain focused on basins with “better economics,” CEO Dave Lesar said last week.

July 30, 2012

Halliburton: ‘Modest’ Drop in U.S. Dry Gas Rig Count Through 2012

Halliburton Co. is forecasting a “modest reduction” in the U.S. natural gas rig count through the rest of this year as operators remain focused on basins with “better economics,” CEO Dave Lesar said Monday.

July 24, 2012

National Oilwell Varco: ‘Good Demand’ for Oilfield Equipment

Demand for drilling equipment in North America’s onshore continues to be strong, with the backlog of capital equipment orders in rig technology in the final three months of 2011 double year-ago levels, National Oilwell Varco Inc. (NOV) reported Thursday.

February 3, 2012

More Gas, Less Wind in Avista 20-Year Idaho Plan

Forecasting annual power demand growth of 1.6% during the next 20 years, Spokane, WA-based Avista Utilities told state regulators it plans to add 1,000 MW of mostly natural gas-fired generation along with wind and energy efficiency savings to meet the steady growth anticipated for customers in northern Idaho.

November 29, 2011

Anadarko, Noble See Huge Liquids Potential in the Rockies

Land that Anadarko Petroleum Corp. has long controlled in northern Colorado in the Wattenberg Field holds a huge liquids-rich resource potential of 500 million to 1.5 billion boe net, executives disclosed this week. Separately, Noble Energy Inc., which controls 400,000 net acres in the play, said Tuesday it has identified 1.3 billion boe of net risked resources with the potential for even more.

November 16, 2011

EnCana Sees Price ‘Correction’ in 2010

Low natural gas prices led EnCana Corp. to curtail or shut in about 500 MMcf/d of its North American production in 3Q2009, but the producer is forecasting a price “correction” in the coming year, CEO Randy Eresman said last week.

November 16, 2009
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