The Piceance Basin of Colorado has long been a natural gas producer, but recent results in the Niobrara Shale indicate that the best days may be ahead, Bentek Energy LLC said in a new report.
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Niobrara Gas in Piceance Getting Second Look
The Piceance Basin of Colorado has long been a natural gas producer, but recent results in the Niobrara Shale indicate that the best days may be ahead, Bentek Energy LLC said in a new report.
House Committee Approves West Virginia Marcellus Bill
A bill that would increase horizontal drilling permit fees in West Virginia to $5,000 from the current $650 that all drillers pay was passed out of committee and sent to the full House Thursday afternoon.
Transportation Notes
CIG declared a Strained Operating Condition (SOC) effective Monday until further notice. Service area forecasts indicate subzero temperatures, CIG said, “resulting in planned maximum withdrawals from storage.” See the bulletin board for details on SOC conditions.
Producers Pessimistic on Higher Gas Prices
Capital spending plans by North American producers this year indicate that they expect the lowest natural gas prices since 2004, with $4-6/Mcf being the “sweet spot,” according to a survey by Barclays Capital.
Barclays: Producers Pessimistic on Higher Gas Prices
Capital spending plans by North American producers this year indicate that they expect the lowest natural gas prices since 2004, with $4-6/Mcf being the “sweet spot,” according to a survey by Barclays Capital.
Oilfield Service CEOs Cautious on North American Gas Recovery
North American drilling activity is showing signs of improvement after bottoming out in the summer, but natural gas prices indicate “little sign of meaningful near-term recovery” and “caution abounds” for the next six months to a year, two oilfield service CEOs are warning.
Oilfield Service CEOs Cautious on North American Gas Recovery
North American drilling activity is showing signs of improvement after bottoming out in the summer, but natural gas prices indicate “little sign of meaningful near-term recovery” and “caution abounds” for the next six months to a year, two oilfield service CEOs are warning.
Horn River IP Rates Rivaling Best in Lower 48
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.
Quicksilver, Nexen Tout Horn River Drilling Results
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.