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Traders Scratching Their Heads Following Plump EIA Stats

Traders Scratching Their Heads Following Plump EIA Stats

October futures worked higher Thursday following a report by the Energy Information Administration (EIA) showing a storage injection that was greater than what traders were expecting.

September 14, 2017

Correction

In the article titled “‘Bakken Forward’ Marks Return of Optimism in North Dakota Oil Patch,” NGI’s Shale Dailyincorrectly listed the number of jobs tied to U.S.-Canada trade as 9,000 (see Shale Daily,May 26). Canada’s Consul-General for the upper U.S. Midwest region, Jamshed Merchant, who spoke at the Williston Basin Petroleum Conference, said the number was actually nine million. NGI regrets the error.

June 1, 2016

December’s Extreme Weather Whipped Bakken Country, Too

Bitter cold, high winds and heavy snows have been gripping much of the country — and the economy — and the same is true in the North Dakota oil patch. Drilling and production statistics for December show that even heavy industrial activities like drilling and well completion have their limits when it comes to extreme weather.

February 14, 2014
Shale-Rich Northern Colorado County Floats Secession Idea

Shale-Rich Northern Colorado County Floats Secession Idea

One of Colorado’s richest local jurisdictions, Weld County, with extensive oil/natural gas and agricultural operations, in June launched discussions with a number of other counties in the northeastern part of the state about a move to secede and form a new state.

July 3, 2013

NGVs On Pace to Hit 35 Million in 2020

The number of natural gas vehicles (NGV) worldwide will nearly double between now and 2020, according to a report released last week by Navigant Research. NGVs on the roadway will increase steadily from 18.2 million now to 34.9 million by 2020, Navigant said.

July 1, 2013

Report: NGVs Worldwide to Hit 35 Million in 2020

The number of natural gas vehicles (NGV) worldwide will nearly double between now and 2020, according to a report released Tuesday by Navigant Research. NGVs on the roadway will increase steadily from 18.2 million now to 34.9 million by 2020, Navigant said.

June 27, 2013

Industry Partner Sought for Tennessee Natural Gas, Oil Impact Study

The University of Tennessee’s Institute of Agriculture (UTIA) is seeking an industry partner for a proposed research project to investigate impacts of natural gas and oil exploration, as well as development from shale formations, in East Tennessee and the wider region.

June 13, 2013
Report Says CHP Scenario Could Boost U.S. NatGas Demand by 4.42 Tcf/Year

Report Says CHP Scenario Could Boost U.S. NatGas Demand by 4.42 Tcf/Year

Expanded use of combined heat and power (CHP) for making electricity could, under one scenario, boost natural gas demand in the United States by as much as 4.42 Tcf/year, according to a report commissioned by the American Gas Association (AGA).

June 3, 2013

Halcon’s Utica Test Wells Disappoint Analysts; EVEP Charges On

After disconcerting Utica Shale production figures were released earlier this month by Ohio regulators, industry analysts said they were disappointed with the results of the first two test wells Halcon Resources Corp. drilled in the play, and EV Energy Partners (EVEP) said it is continuing to look for buyers interested in its holdings there.

May 28, 2013

Energy Permitting, Leasing to Feel Sequestration Pain

The across-the-board budget sequestration cuts, which began in March, will result in a considerable reduction in the number of oil and natural gas permits processed and leases issued annually, according to a new report by Democrats on the House Appropriations Committee Wednesday.

May 16, 2013
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