The timing and magnitude of the U.S. Gulf of Mexico (GOM) drilling recovery will be more “asset-specific” than any cyclical offshore drilling upswing in decades, the energy team at Raymond James & Associates said Monday.
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Articles from Magnitude
EOG’s Papa: Domestic Supply Declines ‘Opaque’
North American natural gas prices will limp into 2010 but end the year “strong” because of supply declines, but “quantifying the magnitude of the domestic supply decline is becoming more opaque,” EOG Resources Inc. CEO Mark Papa said Friday.
Another Small Tremor Shakes North Texas Community
The seventh earthquake since May has rattled communities in the heart of the Barnett Shale region of North Texas, officials said Friday.
DTE Official Presses for Second Energy Bill, Says LIHEAP Only ‘Safety Net’ This Winter
Energy policymakers are quickly headed for disaster this winter, said DTE Energy Gas President Stephen Ewing, the 2006 chairman of the American Gas Association. He said the magnitude of the situation will dawn on the nation’s 52 million natural gas consumers when they get their gas bills about mid-December and see massive cost increases. But there is still time for the industry to do something about it.