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Game

January Futures Expiration Brings Profit Taking

Following Monday’s explosion to $6, profit taking was the name of the game on expiration Tuesday as the January natural gas futures contract slumped to terminate at $5.814, down 17.6 cents. February futures slid 15.6 cents to $5.840.

December 30, 2009

Horizontal Drilling Holds Promise for Conventional Gas

Horizontal drilling into shale rock using multiple fractures (fracs) has “clearly” changed the game for the U.S. natural gas industry, but the drilling process also has the potential to give conventional gas formations, like tight gas sands, an economic boost, Raymond James & Associates Inc. said last week.

October 5, 2009

Horizontal Drilling Shows Promise in Conventional Gas Formations

Horizontal drilling into shale rock using multiple fractures (fracs) has “clearly” changed the game for the U.S. natural gas industry, but the drilling process is showing the potential to give conventional gas formations, like tight gas sands, an economic boost, Raymond James & Associates Inc. said Monday.

September 29, 2009

Recovery Could Reverse Gas-Fired Generation Gains

Coal producers took a powder in the power generation game during the first half of the year as low-priced natural gas swooped in and captured market share, but an economic recovery could turn the tables again, according to analysts.

September 21, 2009

Recovery Could Reverse Gas-Fired Generation Gains

Coal producers took a powder in the power generation game during the first half of the year as low-priced natural gas swooped in and captured market share, but an economic recovery could turn the tables again, according to analysts at Raymond James & Associates Inc.

September 15, 2009

McClendon: Costs to Favor Shale Plays

The emergence of gas shale plays has been a game-changer for the industry and the outlook for gas supply. The scale of the shales is so great that it threatens the survival of the “individual wildcatter,” who with only a half-dozen employees drilling a few dozen wells a year will find it difficult to compete, Chesapeake Energy Corp. CEO Aubrey K. McClendon said last Thursday.

September 14, 2009

McClendon: Shales Are Shifting Industry Costs

The emergence of gas shale plays has been a game-changer for the industry and the outlook for gas supply. The scale of the shales is so great that it threatens the survival of the “individual wildcatter,” who with only a half-dozen employees drilling a few dozen wells a year will find it difficult to compete, Chesapeake Energy Corp. CEO Aubrey K. McClendon said Thursday.

September 11, 2009

FBR Analysts: LNG Summer to Be 2 Bcf/d

Predicting flows of liquefied natural gas (LNG) to the United States this summer and beyond might make for a fun industry parlor game if so much wasn’t riding on what actually happens. Analysts at FBR Capital Markets on last Monday said there will be a further squeeze on domestic producers from LNG imports.

May 4, 2009

FBR Analysts Predict 2 Bcf/d Summer for LNG

Predicting flows of liquefied natural gas (LNG) to the United States this summer and beyond might make for a fun industry parlor game if so much wasn’t riding on what actually happens. Analysts at FBR Capital Markets on Monday said there will be a further squeeze on domestic producers from LNG imports.

April 28, 2009

Equitable Resources Changes Direction on Appalachian Gas Pipe Projects

Equitable Resources Inc. denied reports that it was pulling out of the Northeast Passage pipeline project, but rather said it merely has altered its game plan to get its Appalachian natural gas to market.

August 20, 2008