Helped

EIA: Pennsylvania Drilling Map Redrawn by Marcellus Shale

The expanded use of horizontal drilling and the advent of hydraulic fracturing helped Pennsylvania more than quadruple its natural gas production between 2009 and 2011, according to the U.S. Energy Information Administration (EIA).

May 28, 2012

EIA: Pennsylvania Drilling Map Redrawn by Marcellus Shale

The expanded use of horizontal drilling and the advent of hydraulic fracturing helped Pennsylvania more than quadruple its natural gas production between 2009 and 2011, according to the U.S. Energy Information Administration (EIA).

May 25, 2012

Will Coal/Gas Switching Save the Day on Injection Levels?

Coal-to-gas switching, increased power generation use, a slight uptick in industrial demand and a few gas field shut ins have helped a bit to reduce U.S. gas storage levels, but unless weekly storage injections remain below 2 Bcf/d through the rest of the injection season, some energy analysts think maximum levels will be reached by mid September.

May 21, 2012

Western, Eastern Points Gain, But Texas Mostly Flat; Futures Firm

Nationwide natural gas prices rose on average by three cents Monday as firm West Coast power prices helped boost interest in next-day gas, and eastern locations were led by a key Marcellus point. Futures prices gained on light volume as bulls were encouraged by the market’s ability to hold $2.30. At the close of futures trading June had risen 5.7 cents to $2.336 and July was up by 5.1 cents to $2.422. June crude oil continued lower dropping 55 cents to $97.94/bbl.

May 8, 2012

Private Equity Eyes Distressed U.S. Gas Assets, Says PwC

Private equity opportunists buying distressed U.S. natural gas assets helped to sustain merger and acquisition (M&A) activity in the U.S. oil and gas sector in the first three months of this year, according to PwC US.

May 7, 2012

Private Equity Eyeing Distressed Gas Assets, Says PwC

Private equity opportunists that took a chance on distressed U.S. natural gas assets helped to sustain merger and acquisition (M&A) activity in the U.S. oil and gas sector in the first three months of this year, according to PwC US.

May 7, 2012

Market Bottom? Analyst Recommends 2013 Gas; Cash Continues Lower

Physical gas prices continued to slide Thursday at nearly all points, likely helped lower by the screen’s milestone Wednesday of dropping below $2. Moderating weather in the Northeast Thursday pulled the plug on any price gains prior to the release of inventory data, and western locations weakened as well.

April 13, 2012

WSI: Spring, Early Summer Temperatures a Mixed Bag

Following an unusually warm winter that limited natural gas consumption and helped drive prices down and inventories to historic highs, spring and early summer are likely to bring a mixed weather bag, including mostly warmer-than-normal temperatures in the Northeast, according to forecasters at Andover, MA-based Weather Services International (WSI).

March 26, 2012

WSI: Spring and Early Summer Temperatures a Mixed Bag

Following an unusually warm winter that limited natural gas consumption and helped drive prices down and inventories to historic highs, spring and early summer are likely to bring a mixed weather bag, including mostly warmer-than-normal temperatures in the Northeast, according to forecasters at Andover, MA-based Weather Services International (WSI).

March 20, 2012

Quicksilver to Launch IPO for Barnett Assets

Quicksilver Resources Inc. said that its Barnett Shale subsidiary, Quicksilver Production Partners LP (QPP), has registered for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC).

February 13, 2012