Nearly

Continental Resources Inc. announced Wednesday that its proved reserves have nearly doubled, driven primarily by strong production growth in North Dakota and Montana’s portions of the Bakken Shale, and part from a legacy play in south-central Oklahoma.

Baker Hughes Inc.’s North American activity is predicted to be steady this year compared with 2012, but customers still remain cautious about what’s ahead, CEO Martin Craighead said Wednesday. Canadian projects also are posing “near-term risks,” he said.

Nearly half the liquefied natural gas (LNG) fueling stations for natural gas vehicles (NGV) now being developed are in the United States, according to a recent report by Navigant Consulting’s Pike Research unit. Globally there are 117 LNG stations, while compressed natural gas (CNG) stations number more than 20,000.

Gasco Energy Inc. will submit a plan of compliance next month to NYSE MKT to address how it intends to right its financial ship and avoid being delisted by the exchange, the Denver-based company said Wednesday.

A Pennsylvania driller has bought more than 56,000 acres of leasehold, hundreds of producing natural gas wells and nearly 200 miles of natural gas pipeline and other infrastructure in New York state from a subsidiary of Chesapeake Energy Corp. It said it plans to drill vertical wells on the acquisition acreage this year.

Canada’s natural gas industry will see a difficult market over the next several years, marked by lower prices, falling production and a decline in exports to the United States, but unconventionals will turn around the economy once new export terminals are completed in British Columbia (BC), the Conference Board of Canada said Monday.

Lower 48 U.S. natural gas production during September increased by 0.6%, or 0.45 Bcf/d, from August and was up by nearly 3.9%, or 2.73 Bcf/d, from a year ago, according to the most recent data from the Energy Information Administration (EIA).

Lower 48 U.S. natural gas production during September increased by 0.6%, or 0.45 Bcf/d, from August and was up by nearly 3.9%, or 2.73 Bcf/d, from a year ago, according to the most recent data from the Energy Information Administration (EIA). September production was 73.05 Bcf/d. The revised figure for August production was 72.6 Bcf/d, and September 2011 production was 70.32 Bcf/d.

The cash market jumped nearly 29 cents on average Tuesday as a cold front dropped high temperatures recorded early in the day by as much as 20 degrees in just minutes. Northeast and eastern points in the crosshairs of the cold front jumped the most, with some points realizing multi-dollar gains. Gulf and Great Lakes points were also strong. December futures added 16.9 cents to $3.739 and January advanced 16.2 cents to $3.857. December crude oil slipped 19 cents to $85.38/bbl.