Money

U.S. Rig Count in 2013 to Decline 8%, Well Count Down 4%, Says Baker

U.S. Rig Count in 2013 to Decline 8%, Well Count Down 4%, Says Baker

Baker Hughes Inc. executives on Friday said the total U.S. rig count should fall on average by 8% this year from 2012, but with better drilling efficiencies, the onshore well count may only decline by 4% to around 35,000.

July 22, 2013

$4.00-Plus Called ‘Breakeven’ for U.S. Natural Gas

Nearly every major natural gas play in the United States makes money at prices above $4.00/Mcf, and more important, may generate a “decent rate of return” at prices above $4.25, according to an analysis by Raymond James & Associates Inc.

June 17, 2013
Most U.S. NatGas Plays Make Money at $4.00-Plus, Says Raymond James

Most U.S. NatGas Plays Make Money at $4.00-Plus, Says Raymond James

Nearly every major natural gas play in the United States makes money at prices above $4.00/Mcf, and more important, can generate a “decent rate of return” at prices above $4.25, according to an analysis by Raymond James & Associates Inc.

June 11, 2013

Price Trigger at $4.00-Plus for ‘Breakeven’ U.S. Natural Gas

Nearly every major natural gas play in the United States makes money at prices above $4.00/Mcf, and more important, may generate a “decent rate of return” at prices above $4.25, according to an analysis by Raymond James & Associates Inc.

June 11, 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

Most Challenges, Promise in Northeast, Says Williams Exec

No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now “four years into a 50-year play,” but ensuring that there’s enough infrastructure for adequate takeaway will take some time, a top Williams executive said last week.

May 27, 2013
Quicksilver Cutting Costs, Still Seeking Horn River JV

Quicksilver Cutting Costs, Still Seeking Horn River JV

During the first quarter, Quicksilver Resources Inc. lost more money than Wall Street was expecting as the company continued to “hammer on the cost side” of its business, deferring elective spending in the energy patch and cutting back on staff.

May 8, 2013

Southwestern Nearly Doubles Marcellus Position

Southwestern Energy Co., which has proved time and again that making money is possible in some of the onshore natural gas plays, last week cut a bargain deal that will nearly double its gassy acreage position in the Marcellus Shale of Pennsylvania.

May 6, 2013

Eagle Ford Also a Tax Money Gusher, Texas Lawmakers Told

Texas lawmakers on Wednesday gained some insight into where an increasing amount of money in the Lone Star State comes from: the Eagle Ford Shale oil and gas patch. The state is producing more oil than it has in the last 25 years, thanks in large part to the unconventional play in South Texas.

February 8, 2013
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