Midday

Soft near-term fundamentals keeping pressure on natural gas futures at the front of the curve through midday trading April Nymex contract down 3.7 cents to $1.677/MMBtu as of 1:56 p.m. ET; May off 2.9 cents at $1.794 LNG export demand down to 12.6 Bcf/d in latest Wood Mackenzie estimates Deliveries to Freeport well below capacity…

Natural gas futures headed for large sell-off Friday as midweek rally fizzles on blowtorch temps March Nymex contract down 12.7 cents to $1.605/MMBtu as of 2:20 p.m. ET, near pre-rally levels prior to Chesapeake Energy Corp. releasing production guidance Heating demand over next 15 days “would rank among some of the warmest late February and…

Search for bottom continuing for natural gas futures Wednesday as prices down sharply through morning and lunchtime trading March Nymex contract off 8.0 cents to $1.609/MMBtu as of 2:28 p.m. ET; $1.61 seen as “strong technical support,” according to EBW Analytics Group’s Eli Rubin Nymex front month trading at roughly 10-cent premium to day-ahead Henry…

A flood debris-driven sour gas leak on a wellhead pipeline in the Turner Valley south of Calgary was brought under control at midday Friday, according to the Alberta Energy Regulator and the natural gas production operator, Calgary-based Legacy Oil & Gas Inc.

Range Resources Corp. achieved a record high production volume of 876 MMcfe/d during the first quarter of 2013, driven in large part by the continuing success of its drilling program in the Marcellus Shale, the company said Thursday.

GMX Resources Inc. (GMXR) announced Monday that it has filed for Chapter 11 bankruptcy, and is looking to finalize an asset purchase agreement with holders of the company’s senior secured notes to acquire all of GMXR’s operating assets and undeveloped acreage.

EV Energy Partners LP (EVEP) said that although it has received offers for its acreage in the Utica Shale, the company does not expect to announce an agreement before the end of the year.

Authorities Tuesday said no one was killed killed after a 20-inch diameter transmission line owned by NiSource Inc. exploded just after midday near its Columbia Gas Transmission Lanham Compressor Station near Sissonville, WV, a rural community of 4,000 about 15 miles north of the state capital, Charleston.

Authorities Tuesday said no one was killed after a 20-inch diameter transmission line owned by NiSource Inc. exploded just after midday near its Columbia Gas Transmission Lanham Compressor Station near Sissonville, WV, a rural community of 4,000 about 15 miles north of the state capital, Charleston.