Pockets

Deloitte: Cheap Gas Puts Some Companies in Play

Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to a midyear report on M&A activity.

August 13, 2012

Deloitte: Cheap Gas Puts Some Companies in Play, MLPs Consolidating

Low natural gas prices have created a buying opportunity among dry gas-directed companies for larger players whose pockets are lined with oil dollars, according to consultancy Deloitte. And in the midstream, mergers and acquisitions (M&A) will be propelled by a consolidation trend among master limited partnerships (MLP), according to the firm’s midyear report on M&A activity.

August 8, 2012

Tillerson: At $2.50, The Price is Wrong

ExxonMobil Corp. CEO Rex Tillerson gave a New York City audience a glimpse of natural gas producers’ empty pockets during an exchange about gas prices following a speech he gave to the Council on Foreign Relations last Wednesday.

July 2, 2012

Tillerson: The Price Is Wrong; It’s Not $2.50

ExxonMobil Corp. CEO Rex Tillerson gave a New York City audience a glimpse of natural gas producers’ empty pockets during an exchange about gas prices following a speech he gave to the Council on Foreign Relations Wednesday.

June 29, 2012

Cash Market Bullishness Gets All-Points Extension

The recently bullish cash market carried over into Monday, with price gains across the board supported by pockets of weather-related demand and the previous Friday’s rise of 12.7 cents by June futures.

May 3, 2011

U.S. Producers Taking Shale Know-How on the Road

Untapped unconventional gas plays still exist in pockets across North America, but domestic producers are branching out to test prospects in Europe, the Asian Pacific area, Africa and elsewhere to stake their claims in the next big shale plays.

November 3, 2010

Industry Ups Spending on Pennsylvania Politicians

A proposed severance tax on natural gas extraction and a now-scrapped moratorium on drilling on state lands have helped to line the pockets of some Pennsylvania politicians with gas industry dollars, liberal watchdog group Common Cause said in a report on campaign contributions and lobbying by the industry.

May 17, 2010

Gas Industry Lobbying, Contributions Up in Pennsylvania

A proposed severance tax on natural gas extraction and a now-scrapped moratorium on drilling on state lands have helped to line the pockets of some Pennsylvania politicians with gas industry dollars, liberal watchdog group Common Cause said in a report on campaign contributions and lobbying by the industry.

May 14, 2010

OFOs Growing, Prices Receding and Gas Shut-ins Appear Inevitable

Natural gas production is being curtailed in pockets across North America and some completed wells are not being hooked up, events that energy analysts say are inevitable, given weak prices and a growing list of storage-related operational flow orders (OFO).

September 14, 2009

Strong Support for Northern British Columbia Infrastructure

While conventional and shallow drilling die down, Canadian natural gas producers with deep enough pockets to outlive current low prices are switching to larger, more technical tight and shale targets for their next generation of supplies.

August 24, 2009
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