Using the experience it gained in the unconventional gas fields of the Piceance Basin in Colorado, and the Montney and Horn River shale plays in British Columbia, Encana Corp. has begun to advance its “gas factory” approach in the Haynesville Shale, where it holds more than 430,000 net acres spread across Louisiana and East Texas.
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Articles from Mmbtu
Gas Price Rebound Coming, Says ConocoPhillips CEO
Natural gas prices should rebound to “reasonable” levels of $6-7/MMBtu long term, which makes the abundant fossil fuel more attractive to develop than renewable resources, ConocoPhillips CEO Jim Mulva said last week.
October 4, 2010
ConocoPhillips CEO Sees Gas Price Rebound
Natural gas prices should rebound to “reasonable” levels of $6-7/MMBtu long term, which makes the abundant fossil fuel more attractive to develop than renewable resources, ConocoPhillips CEO Jim Mulva said Monday.
September 28, 2010
Bentek: Five Bucks for Five Years
U.S. natural gas prices will average $5.00/MMBtu at the Henry Hub over the next five years, which is about 18% lower than the average price currently reflected by the New York Mercantile Exchange futures strip, Bentek Energy LLC said Monday.
July 20, 2010
Marcellus Player Secures Takeaway Capacity
Trans Energy Inc. has secured 45,000 MMBtu/d of firm natural gas takeaway capacity in its main operating areas of Marshall, Wetzel and Marion counties in West Virginia from Caiman Eastern Midstream LLC, the company said Monday.
December 1, 2009
ConocoPhillips Forecasting Gas Prices of $4-8 for Next Five Years
Natural gas prices will be in a range of $4-8/MMBtu, and oil prices will average $60-80/bbl over the next five years, ConocoPhillips CEO Jim Mulva said last week.
May 18, 2009
ConocoPhillips Sees Gas Prices of $4-8 for Next Five Years
ConocoPhillips is forecasting that natural gas prices will be in a range of $4-8/MMBtu, and oil prices will average $60-80/bbl over the next five years, CEO Jim Mulva said Wednesday.
May 15, 2009
Transportation Notes
TGT said it reduced capacity Tuesday on the Sharon Carthage Segment in northwest Louisiana and at Texas Eastern (location 2757) to 500,000 MMBtu/d due to unscheduled maintenance at Sharon (LA) Compressor Station. TGT tentatively estimates that the maintenance will be completed by the start of Saturday’s gas day.
March 18, 2009
Survey: Weak Prices Cloud Industry Outlook
Responses to a recent survey of oil and gas industry executives by Grant Thornton LLP show that 92% of respondents believe that prices of $8/MMBtu or more are needed to increase domestic drilling activity more than 20% over last year. However, the average 2009 price expectation for the group is $6.98/Mcf.
February 16, 2009
Survey: Weak Prices Weigh Heavily on Industry Outlook
Responses to a recent survey of oil and gas industry executives by Grant Thornton LLP show that 92% of respondents believe that prices of $8/MMBtu or more are needed to increase domestic drilling activity more than 20% over last year. However, the average 2009 price expectation for the group is $6.98/Mcf.
February 10, 2009
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