Projections

Ohio regulators expect combined conventional and unconventional natural gas production to top 1 Tcf in 2015 when fourth quarter data is released in the coming months, a milestone that would mark the rise of the Utica Shale five years ago.

EQT Corp. released updated information for its investors on Friday, including higher projections for estimated ultimate recovery (EUR) at wells in its core Marcellus Shale acreage, thanks to reduced cluster spacing, longer laterals and a pending deal with Chesapeake Energy Corp.

Projections calling for below-normal water levels in the Pacific Northwest create the prospect for higher natural gas loads this year to make up for the smaller amounts of hydropower expected in the region, according to a Barclays report on the region’s prospects.

While drilling, prices and permitting all declined in North Dakota, natural gas and oil production set new monthly records, according to the most recent statistics compiled at the end of October in a Department of Mineral Resources (DMR) report released Monday.

A professor at Ohio’s Cleveland State University (CSU) said permitting activity in the Utica Shale this year is in line with projections but further success in the play depends on obtaining accurate decline curve data for production over a longer period of time.

A professor at Ohio’s Cleveland State University (CSU) said permitting activity in the Utica Shale this year is in line with projections but further success in the play depends on obtaining accurate decline curve data for production over a longer period of time.

Enbridge Energy Partners LP ast Tuesday lowered its full-year earnings projections to the C$440-470 million range from earlier guidance of C$510-$550 million. The near-term outlook for the natural gas business is being hurt by continuing declines in natural gas liquids (NGL) prices, but management said the company has “significantly mitigated” the the negative impact through “existing commodity hedging arrangements.”

Dealing with an Eagle Ford gas flow that has turned out to be much more liquids-rich than expected, Regency Energy Partners LP announced Monday that it will expand its Edwards Lime gathering joint venture in the South Texas shale play to increase the system’s capacity by 90 MMcf/d to 160 MMcf/d, and provide for additional crude transportation and stabilization capacity of 17,000 b/d.

Poland’s technically recoverable shale gas resources are much lower than projections made last year by the U.S. Energy Information Administration (EIA), according to a report issued Wednesday.