Momentum

Delaware Basin Helps Push Concho’s Production 4% Higher Quarter/Quarter

Led by burgeoning production in the Permian Basin’s Delaware sub-basin, Concho Resources Inc. saw total production reach 13.2 million boe in the second quarter, a 4% increase compared to 1Q2016, the Midland, TX-based independent said.

August 3, 2016

Stakeholders Still Assessing Macroeconomic Fallout of Oil Price Drop in North Dakota

As Bismarck, ND prepared this week for another Williston Basin Petroleum Conference (Tuesday-Thursday), North Dakota oil/natural gas stakeholders continued to deal with the longer-term economic impacts from low commodity prices: thousands of job losses, reduced public sector tax revenues and the need to keep some economic momentum.

May 24, 2016

‘Big Flood’ of LNG Coming, Says Industry Veteran

Some time ago, the North American shale gas surprise gathered enough momentum to turn liquefied natural gas (LNG) tankers bound for the United States around, sparking a frenzy to construct liquefaction and export capacity on U.S. and Canadian shores. A “big flood” of LNG is on its way in the next several years, an industry veteran told NGI.

July 8, 2013

‘Big Flood’ of LNG Over Next Several Years, Says Industry Veteran

Some time ago, the North American shale gas surprise gathered enough momentum to turn liquefied natural gas (LNG) tankers bound for the United States around, sparking a frenzy to construct liquefaction and export capacity on U.S. and Canadian shores. A “big flood” of LNG is on its way in the next several years, an industry veteran told NGI.

July 3, 2013
Range Sells Noncore Permian Assets for $275M

Range Sells Noncore Permian Assets for $275M

Continuing to focus ever more sharply on liquids-rich and oil projects, Range Resources Corp. has entered into an agreement to sell for $275 million some of its gassier Permian Basin properties in New Mexico and West Texas.

February 28, 2013

Natural Gas Making Strides as Vehicle Fuel

The push to put more compressed natural gas (CNG) into the U.S. alternative transportation fuel mix has gained momentum in recent weeks with advances in vehicle equipment, model certification and in the local political arena.

December 24, 2012

Marcellus Infrastructure Slowdown to Slice NatGas Gains, FBR Says

An infrastructure development slowdown across the Marcellus Shale region over the next 12 months will sharply reduce the rate of production growth, to 1.3 Bcf/d from growth of 2.3 Bcf/d in the last 12 months, according to FBR Capital Markets.

December 3, 2012

Scottish Firm: NGV Bus Market Heats Up Globally

The market for natural gas-fueled buses is gaining momentum, according to Alexander Dennis Ltd. (ADL), a Scottish firm that hopes to dominate the sector worldwide. It is touting orders in November for more than 1,000 buses worth $352 million, more than half going to Hong Kong.

December 3, 2012

NGV Roadway A Smoother Ride, Says Advocate

The use of natural gas as a transportation fuel is gaining momentum because of the economics, vehicle manufacturing, fueling infrastructure and public policy support, according to NGVAmerica President Richard Kolodziej.

June 18, 2012

NGV Roadway Getting Smoother, Advocate Claims

With survey data indicating steady future growth, the use of natural gas as a transportation fuel is gaining momentum in a variety of fleet vehicle operations in four key areas — economics, manufacture of vehicles, fueling infrastructure and public policy support, according to Richard Kolodziej, president of Washington, DC-based NGVAmerica.

June 15, 2012
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