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Ryder Revs Up Marketing Push in Oil/Gas Fields

Ryder Systems Inc., a transportation, logistics and supply chain management company that has made a large commitment to natural gas and other alternative transportation technologies, has an initiative to penetrate U.S. shale plays, CEO Robert Sanchez said during a second quarter earnings conference call.

July 29, 2013

New Eagle Ford Player Gets $100M in Backing

Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management have made a $100 million capital commitment to PetroEdge Energy III LLC, a newly formed oil and gas company based in Houston and focused on the Eagle Ford Shale.

July 24, 2013

U.S. Shales Ring Revenue Bell for India’s Reliance

India’s Reliance Industries Ltd. has made multiple bets on U.S. shale gas and they’re paying off, the company said when it released its fiscal first quarter 2014 results last Friday, which included an 84% hike in U.S. shale-derived revenue from a year ago.

July 23, 2013

California Points Score Heat-Related Gains; Futures Drift Higher

Physical natural gas prices on average gained a penny in trading for Tuesday deliveries, but California prices soared as next-day power made huge weather-driven gains. Northeast locations were also strong, but many market hubs were flat to within a couple of pennies higher or lower.

July 2, 2013

Weather Seen As Non-Event; Cash Eases, But Futures Slide A Dime

Overall, cash prices fell 3 cents Friday in a broad retreat as only a handful of points made it to the positive side of the trading ledger. Offsetting the pervasive selling was the Northeast, which scored double-digit gains. Eastern locations were mixed, but the Rockies and major market trading points fell hard. At the close of futures trading, July had fallen 10.6 cents to $3.771 and August was down 10.6 cents as well to $3.793. August crude oil continued its losing ways, giving up $1.45 to $93.69/bbl.

June 24, 2013

Onshore Drillers Trending Toward Fast-Moving, AC Rigs

Efficiencies have made the onshore rig count not as relevant a data point as it once was, but digging deeper into the data shows what types of rigs are gaining favor and why, according to Tudor, Pickering, Holt & Co. (TPH).

June 24, 2013

Onshore Drillers Trending Toward Fast-Moving, AC Rigs

Efficiencies have made the onshore rig count not as relevant a data point as it once was, but digging deeper into the data shows what types of rigs are gaining favor and why, according to Tudor, Pickering, Holt & Co. (TPH).

June 24, 2013

West Virginia Officials to Discuss Industry’s Impact on Local Roads

State lawmakers in West Virginia plan to meet in Wheeling on Thursday to discuss the impact the oil and gas industry is having on local roadways.

June 20, 2013

LNG Exports Seen Viable, Not Always Lucrative

There is money to be made in exporting liquefied U.S. natural gas, but not as much as many might think, or as consistently as some might hope, according to an analysis by Raymond James & Associates.

June 10, 2013

$90/bbl Brent Crude Makes U.S. LNG Exports Economic, Analysts Say

There is money to be made in exporting liquefied U.S. natural gas, but not as much as many might think, or as consistently as some might hope, according to an analysis by Raymond James & Associates.

June 5, 2013
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