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%.
Humming
Articles from Humming
Aussies Eye Wyoming for Underground Gasification, Liquids
Australian oil and gas developer Linc Energy is a new player in Wyoming’s humming oil and gas patch, bringing a focus on underground “cooking” of coal seams to create synthetic gas (syngas) and natural gas liquids.
Prices Increase Except in Cooling Northeast
High heat levels that kept air conditioners humming in many areas, plus a large dose of prior-day support from Tuesday’s gain of nearly 29 cents by August futures, led to higher cash prices at most points Wednesday. Northeast citygates constituted a conspicuous exception as the region is in transition from early week highs in the 90s to peak temperatures on either side of 80 degrees Thursday.
Typical Mid-July Weather Keeps Prices Moving Higher
Air conditioners are humming virtually everywhere, and that translated into continuing bullishness for almost the entire cash gas market Wednesday. Except for a small decline at Malin and flat to barely higher numbers at a few Northeast citygates, other points saw gains that tended to range from a nickel to a little more than 15 cents.
Typical Mid-July Weather Keeps Prices Moving Higher
Air conditioners are humming virtually everywhere, and that translated into continuing bullishness for almost the entire cash gas market Wednesday. Except for a small decline at Malin and flat to barely higher numbers at a few Northeast citygates, other points saw gains that tended to range from a nickel to a little more than 15 cents.