Hitting

Pioneer Natural Resources Co.’s Eagle Ford Shale play is “hitting on all cylinders,” and in the liquids-rich Barnett Shale combo play, well costs are declining, COO Timothy Dove said during an earnings conference call.

As U.S. operators move onshore from the offshore, wellhead freeze-offs are becoming a bigger risk to natural gas supplies, the Energy Information Administration (EIA) said Tuesday in the Short-Term Energy Outlook (STEO).

After hitting a low point five years ago, associated gas is projected to grow to more than 12 Bcf/d, or about 15% of the North American natural gas supplies in 2020, according to a report released last Tuesday by Canadian-based Ziff Energy.

After hitting a low point five years ago, associated gas is projected to grow to more than 12 Bcf/d, or about 15% of the North American natural gas supplies in 2020, according to a report released Tuesday by Canadian-based Ziff Energy.

After hitting a low point five years ago, associated gas is projected to grow to more than 12 Bcf/d, or about 15% of the North American natural gas supplies in 2020, according to a report released Tuesday by Canadian-based Ziff Energy.

With natural gas prices hitting a 10-year low this year, U.S. oil and gas companies have shifted their focus and added more profitable liquid-rich unconventional plays to their portfolios, leading to a dramatic increase in the number and total value of asset mergers and acquisitions (M&A) in the third quarter of 2012, according to PwC US.

With natural gas prices hitting a 10-year low this year, U.S. oil and gas companies have shifted their focus and added more profitable liquid-rich unconventional plays to their portfolios, leading to a dramatic increase in the number and total value of asset mergers and acquisitions (M&A) in the third quarter of 2012, according to PwC US.

Cabot Oil & Gas Corp. announced Tuesday that its gross production in the Marcellus Shale has averaged more than 700 MMcf/d for the last two weeks, hitting a record 752 MMcf for one 24-hour period.

Hitting a $6/Mcf natural gas price after 2016 is “achievable,” but in four years a $5 gas price now appears more realistic, according to energy analysts with Tudor, Pickering, Holt & Co. (TPH).