Frisco, TX-based Comstock Resources Inc. has joined the ranks of producers that are pulling back from natural gas drilling to direct more resources to oil.
Hedging
Articles from Hedging
Eagle Ford Is Centerpiece of Rosetta Spending
Rosetta Resources Inc. will be dropping more than 90% of its $640 million 2012 capital budget in the Eagle Ford Shale of South Texas, the Houston-based company said last week.
Rosetta to Spend Big on Eagle Ford Next Year
Rosetta Resources Inc. will be dropping more than 90% of its $640 million 2012 capital budget in the Eagle Ford Shale of South Texas, the Houston-based company said Monday.
Oily Growth ‘Where You Want to Be’ in 2012
As attractive hedging positions begin to roll off in 2012 and 2013 for exploration and production (E&P) companies, particularly for natural gas, energy analysts will be keyed in to which companies add new hedges and at what prices, according to Tudor, Pickering, Holt & Co. (TPH).
Oily Growth ‘Where You Want to Be’ in 2012
As attractive hedging positions begin to roll off in 2012 and 2013 for exploration and production (E&P) companies, particularly for natural gas, energy analysts will be keyed in to which companies add new hedges and at what prices, according to Tudor, Pickering, Holt & Co. (TPH).
Barnett, Horn River Boost Quicksilver Production
The Barnett Shale and Horn River Basin lifted Fort Worth-based Quicksilver Resources Inc. to a quarterly production record during the third quarter while the company continued to chip away at its substantial debt.
Devon Discloses Leasehold in Tuscaloosa Shale
Devon Energy Corp., which took the prospective Barnett Shale and turned it into one for the ages, disclosed Wednesday that it has leased 250,000 net acres in the emerging Tuscaloosa Marine Shale of southwestern Mississippi/central Louisiana for a cost of around $180/acre.
Shales Support Hedging, Longer Contracts, Says Report
The shale gas bonanza makes a strong case for the expanded use of commodity price management techniques, such as hedging and long-term contracts, a task force argues in a report released Monday.
Despite Low Gas Prices, National Fuel to Accelerate Marcellus Activity
Lower natural gas prices will have an effect on National Fuel Gas’ (NFG) bottom line in 2011, but the company will continue to ramp up its drilling operations in the Marcellus Shale during the year, CEO David F. Smith said during a conference call with financial analysts Friday.
Encana Throttling Back, but Still Keen on Gas Factory Approach
Using the experience it gained in the unconventional gas fields of the Piceance Basin in Colorado, and the Montney and Horn River shale plays in British Columbia, Encana Corp. has begun to advance its “gas factory” approach in the Haynesville Shale, where it holds more than 430,000 net acres spread across Louisiana and East Texas.