natural gas prices

Enbridge Pipe Reversal to Deliver U.S. Shale Oil to Canada Refineries

After capturing a healthy and growing share of Canadian natural gas consumption with shale production from the United States, exploration and production companies are poised to repeat the feat in oil markets.

August 12, 2013

Natural Gas Guiding Sempra’s Growth

With continued confidence that their proposed Gulf Coast-based liquefied natural gas (LNG) export project will begin construction next year, Sempra Energy senior executives last week said they are looking for other market growth opportunities from the shale-driven U.S. gas supply boom.

August 12, 2013

Rockies Output Building on Williston, San Juan Growth

The Rocky Mountain area provided years of solid natural gas growth until an upstart called shale oil came along. Now the massive region is providing both, with operators showing that from a lot, they can produce a lot. Here’s a review of area developments surfacing over the past week in 2Q earnings reports from several operators.

August 12, 2013

Lake Charles Cleared for Worldwide LNG Export

Lake Charles Exports LLC (Lake Charles) last Wednesday became the third prospective liquefied natural gas (LNG) terminal tapped by the U.S. Department of Energy (DOE) to export domestic natural gas worldwide, bringing such authorized export volumes to 5.6 Bcf/d.

August 12, 2013

Private Companies Finding Success Again and Again with PE Backing

Private equity (PE) continues to put a bead on funding U.S. exploration and production (E&P) companies, and there appears to be a lot more money available than ever before, unconventional operators said at the Colorado Oil & Gas Association’s Rocky Mountain Energy Summit in Denver.

August 12, 2013

Forays From the Established Eagle Ford into the Tuscaloosa

Producers reporting their operations results in 2Q2013 over the past week indicate no let-up in the work to be done, with liquids/oil growth from the Eagle Ford funding forays into the Tuscaloosa Marine Shale (TMS).

August 12, 2013

‘Change the Narrative,’ COGA Chair Tells Oil, Gas Industry

A call to action was sounded last Tuesday at the Rocky Mountain Energy Summit for U.S. oil and natural gas operators to take what industry pioneers created and continue reinventing for the future — with the public’s backing.

August 12, 2013

FERC, BP Dispute 2008 Gas Market Manipulation Charges

FERC last Monday ordered BP America Inc. and affiliates to show cause in a long-running case [IN13-15] involving the alleged gaming of the physical and financial markets at the Houston Ship Channel (HSC). The Commission proposed a near-$29 million penalty for transactions taking place from mid-September 2008 through Nov. 30, 2008.

August 12, 2013

Texas Tea, Midcon Sugar Sweetening U.S. Reserves

Smack dab in the middle of the country to the Texas coast, unconventional producers have reported strengthening oil and natural gas output between April and June, with strong contributions from the Permian Basin along with the Fayetteville and Woodford and liquids growth in the Barnett shales.

August 12, 2013
Go Beyond What’s Required, Says Top Colorado Regulator

Go Beyond What’s Required, Says Top Colorado Regulator

Colorado’s chief oil and natural gas regulator told executives in Denver last week that adopting a culture in the onshore that goes above and beyond what’s legally required will do more than anything to achieve community acceptance.

August 12, 2013