Information

EIA: Lower 48 NatGas Production Up

Lower 48 gross natural gas production during April increased 0.8% (0.57 Bcf/d) to 73.24 Bcf/d from a revised March figure of 72.67 Bcf/d, the U.S. Energy Information Administration (EIA) said Friday. In a separate report, EIA said overall April dry gas production set a record for the month, although it was “a small increase” from April 2012.

July 1, 2013

EIA: Lower 48 NatGas Production Up; April A Record Month for Dry Gas

Lower 48 gross natural gas production during April increased 0.8% (0.57 Bcf/d) to 73.24 Bcf/d from a revised March figure of 72.67 Bcf/d, the U.S. Energy Information Administration (EIA) said Friday. In a separate report, EIA said overall April dry gas production set a record for the month, although it was “a small increase” from April 2012.

July 1, 2013

New Rail Transloading Services Available in Utica Shale

Salt Lake City, UT-based Savage, a supply chain solutions company, on Tuesday introduced bulk material handling and rail transloading services at the Ohio Commerce Center (OCC) in Lordstown, OH.

June 27, 2013

Eroding Summer CDD Forecast Could Slam Fall Prices, Analysts Say

When the Energy Information Administration (EIA) releases its storage report on Thursday for the week ending June 14, analysts at Stephen Smith Energy Associates predict it will show natural gas storage at 2,435 Bcf, an increase of 88 Bcf from EIA’s previous report.

June 18, 2013

NatGas Consumption, Prices Edging Higher, EIA Says

Consumption of natural gas in both the United States and Mexico is on the rise, according to the U.S. Energy Information Administration (EIA), which once again revised its natural gas price forecasts upward for the rest of 2013 and 2014.

June 17, 2013
EIA Again Pushes Natural Gas Price Forecast Higher

EIA Again Pushes Natural Gas Price Forecast Higher

Consumption of natural gas in both the United States and Mexico is on the rise, according to the U.S. Energy Information Administration (EIA), which once again revised its natural gas price forecasts upward for the rest of 2013 and 2014.

June 13, 2013

NatGas Consumption, Prices to Edge Higher, EIA Says

Consumption of natural gas in both the United States and Mexico is on the rise, according to the U.S. Energy Information Administration (EIA), which once again revised its natural gas price forecasts upward for the rest of 2013 and 2014.

June 12, 2013

Oxy Unit Offering Crude Capacity on Cline Shale Pipeline

Occidental Petroleum Corp. (Oxy) unit Centurion Pipeline LP is holding an open season through July 1 for capacity to transport crude oil from Irion, Sterling, Coke, Tom Green and Mitchell counties in West Texas to Centurion’s Colorado City, TX, station. The project targets crude oil production from the Permian Basin’s Cline Shale, which is thought by some to be “the next Eagle Ford.”

June 10, 2013

Forecasts for NGV NatGas Demand Mixed

The U.S. Energy Information Administration (EIA) is predicting that natural gas use in transportation will grow 100% by 2017, but Barclays Capital analysts who broke down some of the metrics have concluded that natural gas vehicles (NGV) would have to swell 12-fold to meet those projections.

June 3, 2013

EQT Boosts EUR Projections in the Marcellus

EQT Corp. released updated information for its investors on Friday, including higher projections for estimated ultimate recovery (EUR) at wells in its core Marcellus Shale acreage, thanks to reduced cluster spacing, longer laterals and a pending deal with Chesapeake Energy Corp.

June 3, 2013