Pessimistic

Germany Releases Optimistic Shale Gas Estimate

Germany’s shale plays could hold trillions of cubic feet of natural gas, according to figures released last week by the Federal Institute for Geosciences and Natural Resources (BGR), a government geosciences authority.

July 5, 2012

U.S. Onshore Oil Activity Curtailed in ‘Upcoming Weeks,’ Says Analyst

Monster U.S. oil supply growth will force domestic producers to curtail onshore activity in the upcoming weeks but it won’t be soon enough for 2013 oil prices, which likely will be “uglier than expected,” Raymond James & Associates Inc. analysts said Monday.

June 19, 2012

Survey: Energy CFOs Expect Global Demand to Increase

For the most part, exploration and production (E&P) company CFOs expect demand for natural gas and oil to increase next year, but they’re looking over their shoulders at international competition and wondering what U.S. lawmakers might do that could make it tougher to earn a buck in the energy patch. These are some of the findings of a survey by consultancy BDO USA LLP released last week.

December 6, 2010

Stone Energy Falls Short of Analyst Production Targets

Lehman Brothers analyst Jeffrey W. Robertson is pessimistic about Stone Energy being able to meet its 2003 and 2004 gas production targets and has lowered his share price projections on the company.

September 29, 2003

Stone Energy Falls Short of Analyst Production Targets

Lehman Brothers analyst Jeffrey W. Robertson is pessimistic about Stone Energy being able to meet its 2003 and 2004 gas production targets and has lowered his share price projections on the company.

September 26, 2003

EOG Ups ’02 U.S. Gas Production Decline Forecast to 7%

Earlier this month, Mark Papa, the CEO of EOG Resources Inc., offered a pessimistic assessment for the decline rate in U.S. natural gas production in 2002 (see NGI, Sept. 9). He said then that production would fall between 5-6% over 2001. Tuesday, EOG lowered its expectations, predicting production will fall 7%.

September 30, 2002

EOG Ups ’02 U.S. Gas Decline Forecast to 7%

Earlier this month, Mark Papa, the CEO of EOG Resources Inc., offered a pessimistic assessment for the decline rate in U.S. natural gas production in 2002 (see Daily GPI, Sept. 6). He said then that production would fall between 5-6% over 2001. Tuesday, EOG lowered its expectations, predicting production will fall 7%.

September 25, 2002

Alaska House Passes Bill To Consider State-Owned Gas Line

The Alaska House of Representatives has sent a strong message to gas producers, who so far have been pessimistic about building a privately-owned pipeline system to transport Alaska’s vast natural gas resources to markets in the Lower 48 states: “Build it or we will.” The House passed a bill last Monday sponsored by Rep. Jim Whitaker (R-Fairbanks) to authorize a feasibility study of the state building its own gas line.

April 29, 2002

Report Pessimistic on Planned Power Plants

Less than half of the electric power plants now in development in the United States are likely to be completed, according to an analysis of electricity and natural gas supply and demand by an energy analyst with the Williams Capital Group LP, a New York-based investment bank.

July 2, 2001

Report Pessimistic on Planned Power Plants Being Completed

Less than half of the electric power plants now in development in the United States are likely to be completed, according to an analysis of electricity and natural gas supply and demand by an energy analyst with the Williams Capital Group LP, a New York-based investment bank.

July 2, 2001
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