U.S. natural gas production continued to break new ground late in 2015 thanks to unconventional shale development, as the Energy Information Administration (EIA) said total dry gas production in November reached its highest level for the month since reporting began in 1973.
November
Articles from November
Shale Driving Record Highs in U.S. NatGas Production, EIA Data Shows
U.S. natural gas production continued to break new ground late in 2015 thanks to unconventional shale development, as the Energy Information Administration (EIA) said total dry gas production in November reached its highest level for the month since reporting began in 1973.
February 1, 2016
Basic Energy’s Rig Days Slump to 59 From 298 Year/Year
Basic Energy Services Inc. said its drilling rig days in November slumped to 59 from 298 in the year-ago period. The utilization rate was 16%, versus 83% a year ago and 13% in October.
December 15, 2015
Downward Trek Continues; November Called 4 Cents Lower
November natural gas is expected to open 4 cents lower Friday morning at $2.35 as traders see Thursday’s decline contrary to a bullish storage report as further evidence of overall market weakness. Overnight oil markets were mixed.
October 23, 2015
NGI The Weekly Gas Market Report
Forward Prices Continue Downward Trend as Balmy Weather Prevails
Not even a less-than-expected storage fill was enough to move most natural gas forwards prices into the black for the week as market players remained fixated on the mild weather encompassing the majority of the country.
October 23, 2015
Record Storage In Sight, Yet November Called 3 Cents Higher
November natural gas is expected to open 3 cents higher Thursday morning at $2.55 as traders assess what they see as an oversold market that is ready to advance once cooler weather emerges. Overnight oil markets were mixed.
October 15, 2015
Warm Temps Still In Play; November Called A Penny Lower
November natural gas is expected to open a penny lower Friday morning at $2.49 as traders see little weather support over the next two weeks. Overnight oil markets rose.
October 9, 2015
Bin-Busting Storage Report Expected; November Called A Penny Lower
November natural gas is expected to open a penny lower Thursday morning at $2.51 as traders anticipate the release of government storage data showing a rising trend in builds with possible record-setting final levels in sight. Overnight oil markets rose.
October 1, 2015
November Now an Injection Month; Futures Called 3 Cents Lower
November natural gas is set to open 3 cents lower Wednesday morning at $2.56 as traders now see November as a net injection month and a tropical storm is seen grazing the East Coast. Overnight oil markets fell.
September 30, 2015
Lower 48 NatGas Production Up 0.9% in November; Shale Surge Continues
Natural gas production in the Lower 48 was up marginally in November to 81.54 Bcf/d, an increase of 0.76 Bcf/d (0.9%) compared to the previous month, with the latest in a long string of impressive months in the shale-rich Other States category overcoming month-to-month downturns or nearly flat performances in several other areas, according to the Energy Information Administration (EIA).
February 3, 2015
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
