Numbers

Rochester, NY, Extends Mostly Symbolic Drilling Moratorium

In what is considered a symbolic gesture, Rochester, NY’s city council voted unanimously on Tuesday to extend by one year a moratorium on natural gas exploration and extraction activities, and in particular, hydraulic fracturing (fracking).

June 20, 2013
Eagle Ford Oil Production Hits New High

Eagle Ford Oil Production Hits New High

Crude oil production from the Eagle Ford Shale of South Texas was up by 74% in February compared with a year ago, reaching an all-time high of 471,258 b/d from the nine fields that comprise the majority of the play, according preliminary data from the Railroad Commission of Texas (RRC).

April 24, 2013

Canada’s Gas Shales Reportedly More Costly

A small handful of cold, hard numbers tells why Canadian unconventional natural gas is forced to rely on elusive Asian exports of liquefied natural gas (LNG) to thaw out drilling prospects.

February 11, 2013
Canada’s Shales More Costly than Those in U.S.

Canada’s Shales More Costly than Those in U.S.

A small handful of cold, hard numbers tells why Canadian shale gas is forced to rely on elusive Asian exports of liquefied natural gas (LNG) to thaw out drilling prospects

February 6, 2013
North Dakota Turns Corner on Flaring, Officials Say

North Dakota Turns Corner on Flaring, Officials Say

When considering the increased rate that wells are getting connected to gathering pipeline systems, North Dakota is “turning the corner” on the volumes of natural gas flaring despite the relatively high percentage of associated gas that is still being burned at the wellhead, state officials told NGI’s Shale Daily.

December 26, 2012
‘Everybody’s Hesitating’ in North American Onshore, Says NOV Exec

‘Everybody’s Hesitating’ in North American Onshore, Says NOV Exec

National Oilwell Varco Inc. (NOV), the largest oilfield equipment supplier in North America, beat profit forecasts in 3Q2012 on solid demand in the deepwater and overseas, but the U.S. land drilling market has stalled, executives said Thursday.

October 26, 2012

EIA: Domestic Natural Gas Production Jumped 1.74 Tcf in 2011

Total gross withdrawals of domestic natural gas jumped to 28.58 Tcf in 2011, a 6.5% increase from 26.84 Tcf in 2010, and are on pace to easily surpass those numbers again this year, according to the U.S. Energy Information Administration’s Monthly Energy Review for September.

October 1, 2012

Chesapeake Blames Media, Then Withdraws Statement

A new investor presentation posted early Tuesday by Chesapeake Energy Corp. offered 32 pages of onshore production and financial numbers, as well as a full-page statement that opened the document with the headline, “It’s been a tough five weeks, but better days ahead.” By Tuesday afternoon the page, originally the second page of the 32-page presentation, had been deleted with no explanation.

May 23, 2012

Mississippian Lime Lifts Kansas Oil Output

Lifted by prices and successful well tests from an extension of the emerging Mississippian Lime play, oil production in Kansas rose last year, according to new estimates by the Kansas Geological Survey at the University of Kansas. Natural gas production in 2011, however, declined by more than 6%.

May 9, 2012

Devon: Zero Dry Gas Drilling

Devon Energy Corp., which continues to be weighted to natural gas, said its embrace of North American liquids and oil lifted production to record numbers in the final three months of 2011.

February 16, 2012
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