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Past

Few Small Gains Avoid Overall Dips; Northeast Plunges

Nobody is proclaiming winter as “over” yet, but the worst is past as far as many are concerned. The downhill slope for Northeast citygates grew even steeper Friday, and most other points joined them with more mundane losses. Several scattered points ran against the overall market grain by being flat to about a dime higher.

January 18, 2011

Cabot, Pennsylvania Settle Gas Migration Lawsuit

Residents of Dimock Township in Susquehanna County, PA, whose drinking water supplies were contaminated by natural gas, are to receive a share of $4.1 million that Cabot Oil & Gas Corp. agreed to pay under a settlement negotiated with the state’s Department of Environmental Protection (DEP).

December 17, 2010

Upstream Building, Operating Costs Gain Momentum

Building and operating upstream natural gas and oil facilities regained upward momentum in the past six months after falling in 2009, according to cost indexes developed by IHS.

December 13, 2010

Upstream Building, Operating Costs Gain Momentum

Building and operating upstream natural gas and oil facilities regained upward momentum in the past six months after falling in 2009, according to cost indexes developed by IHS.

December 13, 2010

U.S. Shale Credited for Surge in Upstream Spending

Big spending by Big Oil in the U.S. shale plays is leading to a big-time recovery in global upstream capital spending, according to energy consultant Wood Mackenzie.

November 15, 2010

Baker Hughes: Big Backlog of Uncompleted Shale Wells

Baker Hughes Inc.’s management team reported Monday that the purchase of pressure pumping specialist BJ Services Inc. already is paying off, helping to boost quarterly profits both year/year and sequentially, with most of the uptick coming from work in North America’s unconventional basins.

November 2, 2010

California Smart Meters Prompting Health Concerns

Although state and utility officials are contending that past scientific studies support their use, advanced or smart electricity and natural gas meters have drawn a number of protests from consumers in Northern California who allege there are public health risks from advanced metering devices that use radio frequencies to communicate with a network.

September 8, 2010

Industry Faces Concessions in Canadian Sour Gas Access

Canadian producers are keeping access to their most hazardous natural gas source, but the path to the drilling target is becoming a tight squeeze past popular resistance and regulatory supervision.

July 26, 2010

Canadian Producers Face Sour Gas Concessions

Canadian producers are keeping access to their most hazardous natural gas source, but the path to the drilling target is becoming a tight squeeze past popular resistance and regulatory supervision.

July 26, 2010

Oil Spill Unlikely to Boost Gas Prospects, Says Exec

The U.S. natural gas industry collectively is holding its breath to see whether the grim Gulf of Mexico (GOM) oil spill disaster impacts onshore drilling one way or the other, but in the near term, a positive influence is unlikely, an energy executive said last week.

June 7, 2010