Grow

U.S. producers will continue to struggle to grow domestic production this year, and international expansion will be a dominant theme and a key driver behind any mergers and acquisitions (M&A) in the oil and gas sector, according to a report by CreditSights analysts.

U.S. producers will continue to struggle to grow domestic production this year, and international expansion will be a dominant theme and a key driver behind any mergers and acquisitions (M&A) in the oil and gas sector, according to a report by CreditSights analysts.

ChevronTexaco Corp. has begun an ambitious plan to grow its upstream profitability in several core areas, which includes paring down its U.S. inventory to 400 fields and selling off some of its mature producing fields in western Canada.

UK-based Douglas-Westwood is forecasting in a new report that global natural gas production will grow from its current level of 2,600 Bcm/year (91.8 Tcf) to 4,755 Bcm/year (167.9 Tcf) by 2025, averaging an annual increase of 2.75%.

UK-based Douglas-Westwood is forecasting in a new report that global natural gas production will grow from its current level of 2,600 Bcm/year (91.8 Tcf) to 4,755 Bcm/year (167.9 Tcf) by 2025, averaging an annual increase of 2.75%.

The screen slowed this week’s headlong plunge considerably Tuesday, but cash prices continued a meltdown of major proportions as winter weather support remains missing in action for the most part. Quotes fell by more than half a dollar across the board, with most declines exceeding 65 cents and a few points in the Northeast and Midcontinent/Midwest recording drops of a dollar or more.

With doubt continuing to grow that the United States can satisfy its natural gas growth needs in-house, liquified natural gas (LNG) importation continues to gain spotlight attention as a means to augment domestic gas supply.

With doubt continuing to grow that the United States can satisfy its natural gas growth needs in-house, liquified natural gas (LNG) importation continues to gain spotlight attention as a means to augment domestic gas supply.

Subsea processing is poised to grow into an important new business sector because it can substantially reduce offshore platform expenditures and in some cases, eliminate the need for platforms completely, according to a joint study by energy analysts Douglas-Westwood and technology specialists OTM Consulting.