The Asian market for liquefied natural gas (LNG) is likely to stay robust for the long term, two Singapore-based energy attorneys said Tuesday. They also predicted a shift from conventional to more unconventional gas resources in the region.
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Schlumberger: GOM Overcomes U.S. Onshore Fall-Off
The North American onshore rig count may recover somewhat in 2013, but it likely will be lower than last year, Schlumberger Ltd. CEO Paal Kibsgaard said Friday.
January 22, 2013
Schlumberger: GOM Overcomes U.S. Onshore Declines
The North American onshore rig count may recover somewhat in 2013, but it likely will be lower than last year, Schlumberger Ltd. CEO Paal Kibsgaard said Friday.
January 21, 2013
British Columbia Ready to Topple Alberta As Top Gas Supplier
When natural gas markets make a comeback, an extended foray into horizontal drilling and hydraulic fracturing shows British Columbia will be ready to fulfill expectations of taking over Alberta’s fading role as Canada’s top source of supply growth.
December 26, 2012
NFR Acquires Anadarko Basin, Eagle Ford Assets, New Name
NFR Energy LLC has closed two private deals worth a combined $736 million to acquire assets in the Anadarko Basin and Eagle Ford Shale. The company also announced that First Reserve Corp. has increased its interest in the parent company, NFR Holdings LLC, to 99.7% and NFR is to be renamed Sabine Oil & Gas LLC.
December 19, 2012
Basis Compression, Lack of Firm Contracts Affecting Pipe Construction
Developing new natural gas pipeline infrastructure has become more difficult, in part due to basis compression, and the problem is not likely to end any time soon, said an economist with ICF International Thursday. In addition, the number of groups seeking to block gas pipeline projects has been steadily growing.
November 30, 2012
Eagle Ford an Oil Production Barn Burner, Say Analysts
The Eagle Ford Shale of South Texas is likely the biggest potential driver of U.S. oil production growth for the next five to 10 years with production on track to pass 1 million b/d by the middle of next year and 1.7 million b/d by the end of 2015, analyst at Raymond James & Associates said in a note Monday.
November 20, 2012
Poll Shows Record High Support for Fracking in New York
A record percentage of New Yorkers now support hydraulic fracturing (fracking) and opposition to the practice fell to a low point in October, according to figures from a Siena College Research Institute poll released Friday.
October 30, 2012
Natural Gas Price ‘Pause’ — Refreshing or Depressing?
Natural gas prices could strengthen over the next 18 months to two years, but there are several reasons why a near-term pricing “pause” is likely, Credit Suisse analysts said last week.
October 29, 2012
Natural Gas Price ‘Pause’ — Refreshing or Depressing?
Natural gas prices could strengthen over the next 18 months to two years, but there are several reasons why a near-term pricing “pause” is likely, Credit Suisse analysts said Wednesday.
October 25, 2012
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