Persistently

Low Natgas Prices Impacting Canadian Energy Patch Workforce

Canada’s oil and gas industry could lose about 3% of its workforce by 2015 due to “persistently low natural gas prices,” according to a new report. However, the jobs outlook varies greatly across industry sectors.

May 30, 2012

Oilfield Services Facing Pullback, But Not Like 2008

With oil prices falling and natural gas prices still persistently low, oilfield services companies are facing a potential downturn in the months ahead, but it won’t be like the pullback in late 2008 and early 2009, according to energy analysts.

October 10, 2011

Oilfield Services Facing Pullback, But Not Like 2008

With oil prices falling and natural gas prices still persistently low, oilfield services companies are facing a potential downturn in the months ahead, but it won’t be like the pullback in late 2008 and early 2009, according to energy analysts.

October 6, 2011

Canadian Gas Exports Holding Their Own

Canadian natural gas exports are holding firm — and even growing slightly — despite persistently weak prices and competition in the United States from shale gas production.

August 29, 2011

Canadian Gas Exports Holding Their Own

Canadian natural gas exports are holding firm — and even growing slightly — despite persistently weak prices and competition in the United States from shale gas production.

August 29, 2011

Drilling Down for More Transparency

With persistently low prices and a production glut, U.S. natural gas markets are in flux. Keeping track of the ups and downs in production data, as rigs move to more oily plays, which in turn affects output and pipeline capacity, can be a challenge for market forecasters.

June 27, 2011

Drilling Down for More Transparency

What’s actually happening “in the ground” challenges natural gas production forecasts.

June 27, 2011

Analysts: Canadian Gas Industry Must Look Beyond U.S.

Faced with pricing uncertainty, anticipated decrease in U.S. demand and a shifting regulatory landscape, Canadian gas companies will need to look beyond the United States if they are to retain market share and remain competitive, according to Ernst & Young.

April 4, 2011

Western Canadian Drilling Up on Oil Shale Activity

The persistently sharp contrast between expensive oil and cheap gas has had dramatic effects on Western Canadian drilling, boosting activity and accelerating a trend to targeting oil rather than gas.

February 8, 2011

Analysts: Won’t Love Gas ‘For Good, Long While’

A plethora of natural gas shale deposits, persistently high rig counts, hedging and available debt capacity have stifled domestic natural gas prices for possibly three years, analysts at Tudor, Pickering, Holt & Co. (TPH) said last week. Tradition Energy analysts also blamed “the poor prospect of economic growth in the second half of the year” in revising down its gas price forecast.

August 16, 2010
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