Poised

Offshore drilling contractor Noble Corp. executives said last week the U.S. Gulf of Mexico (GOM) deepwater market is poised to grow “substantially” in the coming years, as exploration and production (E&P) companies develop a portfolio of highly touted prospects.

After a year of jumping through regulatory hoops, Canada’s biggest and oldest petrochemical complex is poised to become a customer for exports of U.S. shale gas and liquids production.

After a year of jumping through regulatory hoops, Canada’s biggest and oldest petrochemical complex, Nova Chemicals, is poised to become a U.S. export customer of unconventional gas and liquids.

After relying on industry voluntary actions regarding drilling setback and water sampling approaches, Colorado regulators are poised to establish new mandatory rules covering exploration and production (E&P) companies.

The petrochemical industry in the United States is poised for a “spectacular comeback,” thanks to an abundant supply of feedstock from shale reserves, industry analysts with GlobalData said Monday.

How much more oomph can new drilling technology bring to the U.S. unconventional revolution? The United States likely will add 11 Bcf/d of natural gas to its reserves this year at total finding, development and completion costs under $3.00/Mcf, while a review of 45,000 unconventional oil wells is finding “tremendous” growth in oil reserves, preliminary IHS Inc. data indicate.

Officials with Whiting Petroleum Corp. said the company is poised to meet its production guidance for the year, with increased drilling in emerging shale plays and a slight increase in capital expenditures (capex).

Officials with Whiting Petroleum Corp. said the company is poised to meet its production guidance for the year, with increased drilling in emerging shale plays and a slight increase in capital expenditures (capex).

IHS Cambridge Energy Research Associates (CERA) issued a report Thursday that said liquefied natural gas (LNG) is poised to penetrate long-haul heavy-duty trucking fleets as a result of current low natural gas prices resulting from the U.S. shale boom.