Producers

Oil, Gas Operations Appear Unscathed by Colorado Wildfires

Oil and natural gas operations on Wednesday remained untouched by a series of wildfires raging in Colorado, industry representatives told NGI’s Shale Daily.

June 14, 2018

China, India to Lead Renewables Charge in Coming Decades, Says IEA Director

The United States will become the world’s top producer of oil and natural gas over the next several decades, but China and India will lead a host of developing countries in embracing clean energy technologies for power generation as costs for renewables continue to decline.

January 17, 2018
Appalachian E&Ps Working to Fend Off Cold, Keep NatGas Flowing

Appalachian E&Ps Working to Fend Off Cold, Keep NatGas Flowing

With single-digit lows continuing and forecasts calling for temperatures to plunge below zero on Friday and Saturday in the Pittsburgh region, small and large Appalachian natural gas producers were grappling with frigid temperatures in different ways.

January 4, 2018

Limited Pipeline Capacity to Gulf Coast Means More NatGas Basis For E&Ps, Says Braziel

With so much new supply hitting the market over the next few years, and with incremental demand from the Gulf Coast, natural gas producers haven’t seen the last of widening basis differentials, according to RBN Energy LLC’s Rusty Braziel.

September 29, 2017
With Mexico Upstream Bids Awarded, ‘Now Comes the Hard Part,’ Talos CEO Says

With Mexico Upstream Bids Awarded, ‘Now Comes the Hard Part,’ Talos CEO Says

Producers that have been awarded blocks in Mexico’s historic oil and natural gas upstream auctions should not rest on their laurels, said Talos Energy LLC CEO Tim Duncan.

July 19, 2017
A Tale of Two Basins as Market Resets and Permian, Appalachian NatGas Volumes Rise

A Tale of Two Basins as Market Resets and Permian, Appalachian NatGas Volumes Rise

Oil-directed drilling in the Permian Basin is creating yet another natural gas glut that could keep prices lower for longer and threaten industry growth across the country.

June 23, 2017
Canada NatGas Suppliers in ‘Survival Mode’ as Lower 48 Shale Competes for Profits

Canada NatGas Suppliers in ‘Survival Mode’ as Lower 48 Shale Competes for Profits

Canadian natural gas producers will cut but not eliminate financial losses until late 2018 as stiff competition continues from U.S. unconventional supply sources, a private Ottawa-based business research agency predicted Monday.

March 22, 2017

PA Sen. Wants to Redraft 30-Year-Old Oil/Gas Law to Aid Legacy Producers

Pennsylvania Republican state Sen. Scott Hutchinson circulated a memo last week seeking co-sponsors for legislation that would redraft the Oil and Gas Act of 1984 to clarify its language and address the current challenges facing legacy producers that operate under it.

January 9, 2017
U.S. Onshore Players Tapping Equity Markets on Manna from OPEC

U.S. Onshore Players Tapping Equity Markets on Manna from OPEC

Producers and their oil service brethren, looking to nourish their balance sheets after wandering in a price wasteland for two years, are receiving manna for equity offerings from the unlikely source of the oil price debacle in late 2014, the Organization of the Petroleum Exporting Countries (OPEC).

December 7, 2016

Models Show Slightly Cooler Temps; January Called Unchanged

January natural gas was set to open flat Wednesday morning at $3.31 as traders studied weather models, and the energy complex gets a boost from surging oil quotes. Overnight oil markets soared on hints of an OPEC deal to curb production.

November 30, 2016