Two families that have fought for years to stop Inflection Energy LLC from drilling several wells near their homes in northeast Pennsylvania won a victory last week when the state Supreme Court found that the company failed to prove oil and gas development is similar to other uses authorized in a residential-agricultural (R-A) zoning district.
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U.S. Rig Count ‘Inflection Point’ Possible as Permits Near Pre-Downturn Levels, Says Evercore
The domestic rig count could be nearing an inflection point as the current tally of weekly average drilling permits approaches 2014 levels, driven by higher commodity prices and “a strengthening macro outlook” for the industry, according to analysts with Evercore ISI.
ConocoPhillips Preps for Growth Beyond 2013
ConocoPhillips has a plan to deliver 3-5% growth in both its oil and gas volumes and its margins, but don’t look for it to happen this year.
ConocoPhillips Prepping for Growth Beyond 2013
ConocoPhillips has a plan to deliver 3-5% growth in both its oil and gas volumes and its margins, but don’t look for it to happen this year.
Gas Market Seen ‘Increasingly Underbalanced’ Later this Year
The domestic natural gas market should reach a “fundamental inflection point” in June and be “increasingly underbalanced” in the last half of the year, SunTrust Robinson Humphrey (STRH) analysts said Thursday.
Gas Market Seen ‘Increasingly Underbalanced’ Later this Year
The domestic natural gas market should reach a “fundamental inflection point” in June and be “increasingly underbalanced” in the last half of the year, SunTrust Robinson Humphrey (STRH) analysts said Thursday.