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.
Articles from Number
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.
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.
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.
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.
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.
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.
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).
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.
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.