While cooling load is due to grow in some areas Thursday and recede in others, the market saw too much overall weakness in weather fundamentals to sustain Tuesday’s general rally and fell at most points Wednesday. In addition, the screen had provided minuscule negative guidance for cash prices with a 1.9-cent drop by September futures Tuesday, and the perception of potential tropical storm threats to Gulf of Mexico production retreated somewhat.
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Articles from Grow
Anadarko’s Gas Output in Utah Set to Rise
Anadarko Petroleum Corp., already the largest natural gas producer in Utah, has been given permission to increase its natural gas drilling program in the Greater Natural Buttes Field in Uintah County.
June 9, 2008
Marathon’s Resource Base More than Triples in Six Years
Marathon Oil. Corp.’s annual oil and natural gas production is on track to grow about 7% through 2012, and in that period the Houston-based producer’s proved reserves will increase by 15%, company officials said last week.
March 31, 2008
Marathon’s Resource Base More than Triples in Six Years
Marathon Oil. Corp.’s annual oil and natural gas production is on track to grow about 7% through 2012, and in that period the Houston-based producer’s proved reserves will increase by 15%, company officials said Thursday.
March 28, 2008
Unitil Grows Utility Base with Northern Utilities, Granite State
Unitil Corp. will grow its customer base by 40% with the acquisition of Northern Utilities Inc. and Granite State Gas Transmission Inc. from NiSource Inc. for $160 million plus an estimated $25 million for natural gas storage inventory and other working capital items, the company said last week.
February 25, 2008
Enogex Holds Open Season for Woodford Shale Transportation
As natural gas production continues to grow in the Woodford Shale of southeastern Oklahoma, OGE Energy Corp. subsidiary Enogex Inc. is proposing new firm Section 311 natural gas interstate transportation service on the company’s intrastate pipeline system in the region. Enogex has opened a binding open season to solicit shipper interest in the plan.
February 25, 2008
Enogex Holds Open Season for Woodford Shale Transportation
As natural gas production continues to grow in the Woodford Shale of southeastern Oklahoma, OGE Energy Corp. subsidiary Enogex Inc. is proposing new firm Section 311 natural gas interstate transportation service on the company’s intrastate pipeline system in the region. Enogex has opened a binding open season to solicit shipper interest in the plan.
February 22, 2008
Despite Decline Forecasts, Canadian Gas Exports Continue to Grow
Canadian natural gas exports are holding firm — and even managing to grow — despite persistent, widespread forecasts of decline for the northern supply mainstay on the “continental” natural gas market.
January 28, 2008
Moody’s: Majors Need Reserves to Retain Advantages
The integrated majors’ strong cash flows appear unstoppable for now, but their prosperity belies formidable challenges to replace their reserves, grow their production and control costs, Moody’s Investors Service reported last week.
January 28, 2008
Moody’s: Majors Need Reserves to Retain Advantages
The integrated majors’ strong cash flows appear unstoppable for now, but their prosperity belies formidable challenges to replace their reserves, grow their production and control costs, Moody’s Investors Service reported Wednesday.
January 24, 2008
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