Injections

Natural gas futures jumped after the release of government inventory figures showing an increase in working gas storage that was less than what traders were expecting.

Physical natural gas and futures continued on their different ways in Thursday’s trading, with losses at eastern points failing to offset broader gains in the Gulf, Midcontinent, Midwest, Rockies and California.

After a 4.0-magnitude earthquake in North Texas on Thursday, four area drilling waste disposal well operators have shut down operations at five wells while data on seismicity in the area is collected. Meanwhile, Oklahoma injection well operators are living in a different world following quake-minded regulatory initiatives.

After a 4.0-magnitude earthquake in North Texas on Thursday, four area drilling waste disposal well operators have shut down operations at five wells while data on seismicity in the area is collected. Meanwhile, Oklahoma injection well operators are living in a different world following quake-minded regulatory initiatives.

Natural gas futures worked lower after the release of government inventory figures showing an increase in working gas storage about in line with market expectations.

June natural gas is set to open a penny higher Thursday morning at $2.79 ahead of a government report that is expected to show seasonal additions to inventory but also is seen as a prelude to plump, perhaps burdensome, additions later. Overnight oil markets eased.

Natural gas futures worked lower after the release of government inventory figures showing an increase in working gas storage about in line with market expectations.

June natural gas is set to open a penny higher Thursday morning at $2.79 ahead of a government report that is expected to show seasonal additions to inventory but also is seen as a prelude to plump, perhaps burdensome, additions later. Overnight oil markets eased.

The recent initiation of a show cause order by the Railroad Commission of Texas (RRC) against operators of drilling waste injection wells thought to be linked with earthquakes in the Barnett Shale region was a dramatic and unusual step, an environmental lawyer with RRC experience told NGI’s Shale Daily.