Production of dry natural gas in the United States continued to soar in July, reaching a record high of 2.32 Tcf (74.8 Bcf/d), the largest number since the Energy Information Administration (EIA) began reporting dry gas production data, the agency said.
July
Articles from July
Crude Awakening if Oil Market Turns Out Like NatGas, Economist Says
In Texas, fewer workers are producing more oil to be sold at lower prices as the Lone Star state remains on track to exceed its all-time production record set in 1972, according to the economist who maintains the industry barometer known as the Texas Petro Index (TPI).
September 8, 2015
U.S. Drops Eight Rigs; Last One Leaves TMS
The North American active rig count dropped by 20 in the latest Baker Hughes Inc. tally, with Canada letting go of a dozen rigs and the United States giving up eight. The decline is in step with the “lower for longer” talk on commodity prices that pervades the industry.
August 28, 2015
Basic Energy’s Well Servicing Rig Count Stable, Utilization Rate Still Declining
Basic Energy Services Inc., which provides well site services across the U.S. onshore, said its rig count remained unchanged month/month in July, but well servicing rig hours declined both sequentially and from a year ago.
August 13, 2015
Analyst Sees $3 Spot NatGas; August Called 6 Cents Higher
August natural gas is expected to open 6 cents higher Wednesday morning at $2.90 as traders look for short-covering to boost a “conservatively” valued market another 15 cents higher. Overnight oil markets fell.
July 15, 2015
Analyst Sees $3 Spot NatGas; August Called 6 Cents Higher
August natural gas is expected to open 6 cents higher Wednesday morning at $2.90 as traders look for short-covering to boost a "conservatively" valued market another 15 cents higher. Overnight oil markets fell.
July 15, 2015
Lean Storage Build On Tap; July Called 4 Cents Higher
July natural gas is expected to open 4 cents higher Wednesday morning at $2.77 as traders begin to factor in expected government storage data showing increases falling short of historical averages. Overnight oil markets were mixed.
June 24, 2015
Lean Storage Build On Tap; July Called 4 Cents Higher
July natural gas is expected to open 4 cents higher Wednesday morning at $2.77 as traders begin to factor in expected government storage data showing increases falling short of historical averages. Overnight oil markets were mixed.
June 24, 2015
Weather Bulls Circle Wagons; July Called Down 8 Cents
July natural gas is expected to open 8 cents lower Monday morning at $2.74 as overnight weather forecasts for key population centers turned more moderate. Overnight oil markets were narrowly mixed.
June 22, 2015
Weather Bulls Circle Wagons; July Called Down 8 Cents
July natural gas is expected to open 8 cents lower Monday morning at $2.74 as overnight weather forecasts for key population centers turned more moderate. Overnight oil markets were narrowly mixed.
June 22, 2015
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