Consol Energy Inc. outlined plans this week to fold more Utica Shale into its core position through a development program to increase stacked pay opportunities and build on its current 22-year drilling inventory.
Growth
Articles from Growth
Alberta Oilsands Pipe Expansion Approval Signals NatGas Demand Growth in Canada
The Liberal government in Ottawa opened doors Tuesday to growth by Canada’s biggest natural gas consumers, Alberta oilsands plants, by approving 970,000 b/d of capacity additions for export pipelines to the United States and overseas.
On Trump Election, BofA Merrill Lynch Shaves 0.5% From GDP Growth Forecast in 1H2017
Analysts with Bank of America Merrill Lynch Global Research(BofAML) said the election of Donald Trump caught financial markets by surprise and that uncertainty will likely continue through the medium term, in part because of comments the president-elect made on the campaign trail about free trade and immigration.
Bullish Prospects Surround American Midstream Gulf Coast-Based Merger, CEO Says
Fortifying its onshore assets with an offshore stake in the Gulf of Mexico (GOM), Houston-based American Midstream Partners LP anticipates a successful merger with JP Energy Partners LP and more growth to follow, American Midstream CEO Lynn Bourdon told analysts Tuesday on a 3Q2016 earnings conference call.
Encana’s Pivot to Permian, ‘Core Four’ Designed to Flow Cash, Gush Liquids
Calgary-based Encana Corp., which made its name by successfully exploiting onshore natural gas resources, is taking a sharp turn toward capturing liquids and oil, as it targets a 300% jump in cash flow and a 60% gain in production by the end of 2021. Its No. 1 target, the Permian Basin, could see production quadrupling over the period.
Neutral Supply-Demand Factors Have NatGas Looking Bullish, Macquarie Analyst Says
The natural gas market is starting to feel downright bullish, if only because some of the bearish factors weighing down prices the last few years are starting to normalize, according to Macquarie Capital (USA) Global Oil & Gas Strategist Vikas Dwivedi.
New Midstreamer Palmilla Begins Prospecting in Louisiana, East Texas
More players appear ready to take bets on U.S. onshore growth, as private equity-backed Palmilla Energy LLC becomes the latest to launch a venture that initially will prospect for midstream opportunity across the Haynesville Shale.
EIA: Emerging Asian Markets Helping Offset LNG Demand Slack
Emerging Asian markets for liquefied natural gas (LNG) are helping to offset declines seen in the three largest importers: Japan, South Korea and China, according to the U.S. Energy Information Administration (EIA).
U.S. NatGas, Oil Resources Lead ‘Age of Plenty,’ Says BP
World natural gas production grew last year but across every region — led by North America — prices slumped, with Henry Hub at its lowest level since 1999, as the continued surge in output swamped anemic demand, BP plc said Wednesday.
Pennsylvania Cracker Underpins Shell’s ‘Cash Engine’ Focus, Says CEO
Royal Dutch Shell plc’s decision Tuesday to pull the trigger on a massive ethane cracker northwest of Pittsburgh is part of a revamp for the oil major, which for now will focus on “cash engines,” fueled by petrochemicals and the deepwater, CEO Ben van Beurden said.