A return the “heroic oil or natural gas prices” of recent years is not on the horizon, and in fact, prices likely will fluctuate seasonally between $3/Mcf to $5/Mcf over the next 12 months and average under $6 for at least a year after that, a Moody’s Investors Service analyst said last week.
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Return to ‘Heroic’ Gas, Oil Prices Not Likely, Says Moody’s
A return the “heroic oil or natural gas prices” of recent years is not on the horizon, and in fact, prices likely will fluctuate seasonally between $3/Mcf to $5/Mcf over the next 12 months and average under $6 for at least a year after that, a Moody’s Investors Service analyst said Tuesday.
July 15, 2009
Statistics Canada: Record Gas Directed Drilling Puts Canadian Production on Rise Again
A burst of drilling, described as nothing short of heroic by regional standards, has arrested the two-year-old decline in Canadian natural gas supplies at least for now. Production grew by 2% during the first third of this year to about 17.3 Bcf/d compared to 17 Bcf/d from January through April of 2003, according to records kept by Statistics Canada.
July 5, 2004
Statistics Canada: Record Gas Directed Drilling Puts Canadian Production on Rise Again
A burst of drilling, described as nothing short of heroic by regional standards, has arrested the two-year-old decline in Canadian natural gas supplies at least for now. Production grew by 2% during the first third of this year to about 17.3 Bcf/d compared to 17 Bcf/d from January through April of 2003, according to records kept by Statistics Canada.
July 1, 2004
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