Prospects

The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).

The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).

Fort Worth, TX-based Quicksilver Resources Inc. has added depth to its North American lineup of oil and gas prospects with two large-scale commercial projects — one in search of a partner — which altogether would give it a large presence in seven North American basins, officials said Thursday.

The finance chiefs at U.S. exploration and production companies appear more optimistic about the prospects of accessing capital in the coming year, but they remain concerned about volatility in the global economy, according to a survey by consultant BDO USA LLP.

The finance chiefs at U.S. exploration and production companies appear more optimistic about the prospects of accessing capital in the coming year, but they remain concerned about volatility in the global economy, according to a survey by consultant BDO USA LLP.

Though optimistic about prospects for stronger long-term natural gas prices, Deutsche Bank on Friday reduced its outlook for 2012 U.S. prices because the domestic market is “still very loose” and industrial demand hasn’t taken up the slack.

Though optimistic about prospects for stronger long-term natural gas prices, Deutsche Bank on Friday reduced its outlook for 2012 U.S. prices because the domestic market is “still very loose” and industrial demand hasn’t taken up the slack.

An apparent uptick in approved permits in the deepwater Gulf of Mexico (GOM) has boosted investor enthusiasm about the near-term prospects for offshore activity but the backlog of permits issued but not yet drilled paints a different picture, according to an analysis by FBR Capital Markets.

Natural gas growth potential and prospects for continued modest prices were talked up to a group of state regulatory commissioners meeting in Los Angeles last week, following keynote addresses earlier in the day touting gas and all of its traditional and renewable competitors.