A lack of licensed trucks and drivers in Appalachia has left more than 100,000 bbl of crude oil produced by Antero Resources Corp. in West Virginia’s Marcellus Shale to pile up as the volumes wait for transportation, and has forced the company to curtail 100 MMcfe/d of production.
Inventory
Articles from Inventory
Pennsylvania Report Shows Some Progress in NatGas Industry Air Emissions
While year/year methane emissions and volatile organic compounds (VOC) from unconventional natural gas well sites and midstream facilities in Pennsylvania increased in 2015, several other pollutants dropped considerably, according to the state Department of Environmental Protection’s (DEP) latest air emissions inventory.
Storage Data, Revisions In Play; July Seen A Penny Lower
July natural gas is set to open a penny lower Thursday morning at $2.67 as traders await not only a government inventory report but also the release of revisions by a California utility. Overnight oil markets rose.
Oasis Putting Sights on Pulling Down Bakken DUCs Before Adding Rigs
Oasis Petroleum Corp.’s senior executives are unsure when or at what commodity price they plan to “pull the lever” to redeploy rigs, but the Bakken Shale-focused producer is lining up its drilled but uncompleted (DUC) wells to start, many in the core of the North Dakota formation.
Oasis Putting Sights on Pulling Down Bakken DUCs Before Adding Rigs
Oasis Petroleum Corp.’s senior executives are unsure when or at what commodity price they plan to “pull the lever” to redeploy rigs, but the Bakken Shale-focused producer is lining up its drilled but uncompleted (DUC) wells to start, many in the core of the North Dakota formation.
U.S. Onshore Completion Activity Still in Free Fall, Says Basic Energy
Production-related well servicing business remains steady in the U.S. onshore, but completions continue to decline, Basic Energy Services Inc.’s CEO said Monday.
U.S. Onshore Completion Activity Still in Free Fall, Says Basic Energy
Production-related well servicing business remains steady in the U.S. onshore, but completions continue to decline, Basic Energy Services Inc.’s CEO said Monday.
Cash NatGas Weakens; Futures Drift Lower
Physical natural gas for Friday slipped in Thursday trading as mild temperatures in the East and Northeast along with soft New England power prices pressured quotes.
Bears Yawning Following EIA Storage Data
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.
Bears Yawning Following EIA Storage Data
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.