Hurricane

One month into the 2018 Atlantic hurricane season, scientists at Colorado State University (CSU) said they expect fewer named storms and hurricanes than previously forecast and below-average tropical activity.

The 2018 Atlantic hurricane season, which officially — and may actually — begin next week, is likely to be a near- or above-normal one, forecasters at the National Oceanic and Atmospheric Administration (NOAA) said Thursday.

With the official open of the 2018 Atlantic hurricane season looming, a sextet of organizations representing the natural gas and oil industry on Tuesday unveiled steps their members are taking to prepare their operations and shared lessons learned in recent years.

With eight weeks remaining until the start of the 2018 Atlantic hurricane season, scientists at Colorado State University (CSU) said they expect slightly-above-average tropical storm activity this year.

An unusually active hurricane season and volatile commodity prices bit into Anadarko Petroleum Corp.’s oil and gas sales volumes during the third quarter, but double-digit production gains from its three Ds — deepwater Gulf of Mexico (GOM), Denver-Julesburg (DJ) Basin and the Permian Basin’s Delaware — proved their mettle, CEO Al Walker said Wednesday.

Gulf of Mexico (GOM) oil and natural gas production was coming back online and personnel were returning to work after Hurricane Nate ambled ashore over the weekend, with no offshore infrastructure reportedly damaged.

Before Hurricane Harvey pummeled the state and wiped out, at least temporarily, some employment, the Texas economy in August expanded for the 14th consecutive month, adding 5,500 jobs, the Texas Workforce Commission (TWC) said Friday.

Natural gas forward prices for October rose an average 17 cents from Sept. 8-14 as weather forecasts called for warmer-than-normal temperatures to finish out the month, according to NGI’s Forward Look. But the market’s realization that demand destruction caused by Hurricane Irma may have been overestimated also weighed on forwards this week.

The oil and gas industry is able to respond faster than it did a decade ago when severe storms hit the U.S. Gulf Coast, but the region today also is more strategic to world energy markets, which means disruptions like Hurricane Harvey have to be overcome, and quickly, the International Energy Agency (IEA) said.