Hype

Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).

Western Canada’s natural gas production could be 3 Bcf/d higher by 2025 if some of the region’s highly touted unconventional resources match the hype, according to an analysis by ITG Investment Research (IR).

When the fear and hype die down, U.S. exports of liquefied natural gas (LNG) will happen, and volumes will be smaller than many expect with a modest impact on domestic gas markets, according to a global gas market expert. But just a little bit can make a difference in other ways.

When the fear and hype die down, U.S. exports of liquefied natural gas (LNG) will happen, and volumes will be smaller than many expect with a modest impact on domestic gas markets, according to a global gas market expert. But just a little bit can make a difference in other ways.

The hype about the under-explored Monterey Shale in California is worthy of most of the superlatives about unconventional oil and natural gas abundance, two of Wood Mackenzie’s Houston analysts said recently.

Shale plays globally are a very good long-term asset and the continuing hype about the under-explored Monterey Shale in California is worthy of most of the superlatives, according to two analysts at Wood Mackenzie’s Houston office.

Apparently any “storm hype,” which seemed to help buoy the market earlier in the week, was getting totally dismissed as prices sank at all but one point Friday, most often by double-digit amounts. Instead, the near-imminent diminution of most remaining cooling load and the weekend factor of considerably lower industrial demand were more persuasive to traders in sending cash prices lower.

“Storm hype” obviously was not a factor in Thursday’s cash market as all but one point fell in response to the return of mild weather — either impending or already accomplished — in nearly all regions and the previous day’s fall of 19.7 cents by December futures.

The discovery of the Horn River Basin in northeastern British Columbia (BC) brought with it a lot of hype, but drilling results are beginning to indicate that the natural gas play may be as prolific as explorers first suggested.