natural gas prices

Rockies operator WPX Energy Inc. has taken on a partner for some of its gassy Piceance Basin operations, G2X Energy, a Houston firm that, among other things, develops natural gas to methanol projects.

Pacific Gas and Electric Co. (PG&E) officials on Tuesday voiced satisfaction with the performance of employees and infrastructure in the wake of Sunday’s 6.0-magnitude earthquake in California’s Napa Valley (see Daily GPI,Aug. 25).

Preliminary data from the Railroad Commission of Texas (RRC) show that both crude oil and natural gas production in the Lone Star State climbed during June.

Antero Resources Corp. inspired mixed reactions late Tuesday when it increased this year’s capital expenditure (capex) budget by nearly $1 billion and said production guidance would increase nominally, while electing to delay plans for a dry natural gas Utica test in West Virginia because of depressed prices.

Antero Resources Corp. inspired mixed reactions late Tuesday when it increased this year’s capital expenditure (capex) budget by nearly $1 billion and said production guidance would increase nominally, while electing to delay plans for a dry natural gas Utica test in West Virginia because of depressed prices.

Odebrecht Organization has taken another step in its plans to construct a multi-billion-dollar ethane cracker and three associated polyethylene plants in West Virginia, submitting a voluntary remediation program (VRP) application to the state.

Radiant Oil & Gas Inc., an independent exploration and production (E&P) company based in Houston, has acquired a legacy oil and natural gas field in Louisiana for future redevelopment.

U.S. primary energy consumption totaled 7.66 quadrillion Btu in May, and natural gas met 24.1% of that demand, a 0.8% increase from a year earlier, according to preliminary estimates compiled by the U.S. Energy Information Administration (EIA).

Organizers of the Oil & Gas Awards announced Monday that the 2014 finalists have been picked. Judged by more than 110 senior executives from midstream and exploration and production companies, the Oil & Gas Awards saw more than 400 companies participate across multiple categories this year. “The Awards champion companies that display best practice in the key areas of operational excellence, environmental stewardship, corporate social responsibility and excellence in health and safety. All key areas of public interest where misinformation dissipated by industry critics has been a thorn in the industry’s side.” The Oil & Gas Awards take place regionally throughout North America in the Gulf Coast, Midcontinent, Northeast, Rocky Mountains, Southwest and West Coast. Winners of the Oil & Gas Awards will be announced at the Oil & Gas Awards Gala Dinner in the relevant region. Each gala dinner will be preceded by a regional Oil & Gas Awards Industry Summit held for participating companies and organizations that have an interest in networking and learning about challenges faced in the region. The West Coast event is being held on Oct. 21 in Bakersfield, CA, while the Southwest event will be held on Oct. 23 in Dallas, TX, and the Midcontinent one on Oct. 29 in Oklahoma City, OK. For a full list of West Coast, Southwest and Midcontinent finalists for 2014, visithttp://www.oilandgasawards.com/2014-finalists/. For more information on the Industry Summit and Awards Dinner, contact info@oilandgasawards.com, or call (210) 591-8471.