Results from Talisman Energy’s North American shale plays continue to be positive, but the impact of increased taxes in the United Kingdom and a loss on held-for-trading financial instruments and the timings of liftings led to negative overall earnings in 1Q2011, the Calgary-based producer said Wednesday.
Parity
Articles from Parity
Congress Needs to Act on Carbon, FERC Commissioner Says
Congress needs to take action on carbon pricing to establish more parity between renewables and fossil fuels that historically have enjoyed generous tax code subsidies, FERC Commissioner Marc Spitzer, a former tax attorney and Arizona state regulator, told a Law Seminars International conference, “Energy in California,” Tuesday in San Francisco.
Ziff: Alberta Gas Industry to Suffer Under Royalty Changes
Oil and natural gas prices reached a “near parity” in 2003, trading at a 6:1 ratio, but the discount grew to a third in 2005, and by the end of the first eight months of this year, the oil-versus-gas discount ballooned to 78%, hitting Canada’s gas industry particularly hard, according to energy consultant Ziff Energy Group.
Rockies Producers Enjoy Price Parity with Neighboring Regions
Rocky Mountain region producers may be entering a golden age in which prices for their production are nearly equal to what producers in neighboring regions are able to bring home. Some price differentials have tightened significantly because for the first time in many years there actually appears to be more takeaway pipeline capacity out of the Rockies than there is supply to fill it.
Rockies Producers Finally Enjoy Price Parity with Other Regions
Rocky Mountain region producers are enjoying a new golden age in which prices for their production are nearly equal to what producers in neighboring regions are able to bring home. Price differentials have tightened significantly because for the first time in many years there actually appears to be more takeaway pipeline capacity out of the Rockies than there is supply to fill it.
BP Leads 1Q Gas Sales, But Parity Shows Signs of Returning
BP plc remained atop the leader board for physical natural gas sales in North America in the first quarter, with 24.5 Bcf/d in gas sales, a 22% hike year-over-year. Sempra Energy retained second place, gaining 1% in gas sales over 1Q2003.
BP Leads 1Q Gas Sales, But Parity Shows Signs of Returning
BP plc remained atop the leader board for physical natural gas sales in North America in the first quarter, with 24.5 Bcf/d in gas sales, a 22% hike year-over-year. Sempra Energy retained second place, gaining 1% in gas sales over 1Q2003.