Holt

The onshore United States “remains the No. 1 place for investment” and the likelihood for future dealmaking “remains high,” according to Tudor, Pickering, Holt & Co. (TPH) CEO Bobby Tudor.

The onshore United States “remains the No. 1 place for investment” and the likelihood for future deal making “remains high,” according to Tudor, Pickering, Holt & Co. (TPH) CEO Bobby Tudor.

First quarter performance from EOG Resources Inc.’s “big four” oil and liquids plays was substantial enough to raise this year’s total company liquids production growth target to 33% from 30% and increase the overall production growth target to 7% from 5.5%.

Talisman Energy Inc. is slashing dry gas spending again in response to chronically low prices, but the company continues to ramp up production from the liquids-rich shale plays in its portfolio.

Eighty-six percent of energy industry and investment community executives polled recently by Tudor, Pickering, Holt & Co. (TPH) believe 2012 Henry Hub natural gas prices will average less than $2.50/Mcf, and 23% think prices will average less than $2/Mcf.

Eighty-six percent of energy industry and investment community executives polled recently by Tudor, Pickering, Holt & Co. (TPH) believe 2012 Henry Hub natural gas prices will average less than $2.50/Mcf, and 23% think prices will average less than $2/Mcf.

Energy analysts with Tudor, Pickering Holt & Co. (TPH) on Thursday climbed on the train to anywhere but here for natural gas prices, cutting their outlook for 2012 by more than $1.00 to $3.25/Mcf from $4.32.

Range Resources Corp.’s natural gas net output in the third quarter reached 537.2 MMcf/d, which was 7% more than in the year-ago period, the Fort Worth, TX-based independent said Tuesday.

U.S. natural gas prices would need to rebound to $5.50/MMBtu or higher, or coal-to-gas switching “is here to stay,” according to a report by Tudor, Pickering, Holt & Co. Inc. (TPH).