Higher

EIA Bumps 2014 Henry Hub Estimate Up to $4.00/MMBtu

EIA Bumps 2014 Henry Hub Estimate Up to $4.00/MMBtu

Government agency said it also expects Americans to spend more this winter to heat their homes with natural gas.

October 9, 2013

Short-Covering, Bullish Models Lift Prices

Physical prices rose for a second consecutive day, while futures climbed higher for a third day.

October 9, 2013
U.S. Net Oil Independence Possible by 2020, Says Raymond James

U.S. Net Oil Independence Possible by 2020, Says Raymond James

The United States is on track to become net oil independent by 2020, if production continues on its current path in the Permian and Williston basins, and in the Eagle Ford, Raymond James & Associates Inc. analysts said Monday.

October 1, 2013

Raymond James Devises Substitute for Rig Count

The move to horizontal drilling and longer laterals has made the domestic land rig count not so simple anymore, leading Raymond James & Associates Inc. last week to launch well and footage count forecasts.

September 30, 2013
Despite Marcellus Surge, May U.S. NatGas Output Nearly Flat Year/Year

Despite Marcellus Surge, May U.S. NatGas Output Nearly Flat Year/Year

New wells in the Marcellus Shale kept natural gas production there on the upswing in May, but declines in several other areas kept total U.S. production to 81.84 Bcf/d, just 0.3% higher than the 81.61 Bcf/d reported in May 2012, according to the Energy Information Administration (EIA).

August 2, 2013

EQT Ramps Up First Utica Well, Achieves 1 Bcfe/d in Appalachian Output

Hours ahead of EQT Corp.’s second quarter conference call on Thursday, the company tied into sales its first Utica Shale well, the CEO said.

July 26, 2013
BLM Nets $49.8M from Dakotas Lease Auction

BLM Nets $49.8M from Dakotas Lease Auction

Continuing to fetch higher per-acre prices, the federal Bureau of Land Management (BLM) took in $49.8 million last Wednesday, selling 87 leases totaling 19,015 acres in North and South Dakota, the BLM Billings, MT, office said. South Dakota had the most activity.

July 22, 2013

Oklahoma Firm Eyes Dry Shale Gas-to-Diesel Plants

A Tulsa, OK-based synfuel technology company has entered a memorandum of understanding (MOU) with an unnamed shale gas exploration and production (E&P) company to study the feasibility of a plant for turning natural gas into diesel.

July 17, 2013

Crosstex Expands Land, Sea Oil/Condensate Capacity

Crosstex Energy LP has completed two projects aimed at getting shale oil and condensate to higher paying markets.

June 28, 2013

IEA: Shales Driving U.S. to Production Growth World Leader

The International Energy Agency (IEA) said U.S. gas production could reach 797 billion cubic meters (bcm) (28.14 Tcf) by 2018, 17% higher than last year’s total of 681 bcm (24.05 Tcf), which was a 5% increase over 2011. That’s thanks to shale gas. Other countries have it, but they won’t be getting at it for some time, and that fact will keep the United States among the leading natural gas producers.

June 21, 2013