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Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Royal Dutch Shell plc warned Tuesday of “significant uncertainty” regarding commodity prices and demand for oil and natural gas because of Covid-19, but it reiterated that liquidity remains strong.

March 31, 2020
Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Shell Says Liquidity Remains Strong, Guides to Lower LNG Volumes in 1Q2020

Royal Dutch Shell plc warned Tuesday of “significant uncertainty” regarding commodity prices and demand for oil and natural gas because of Covid-19, but it reiterated that liquidity remains strong.

March 31, 2020

Enterprise’s Record Oil, Natural Gas Volumes Drive Suite of Infrastructure Projects

With record volumes moving across six of Enterprise Products Partners LP’s (EPD) midstream facilities and a slew of new projects recently announced, the company is targeting $3.8 billion in capital expenditures (capex) for 2019 and eyeing $3-4 billion in 2020 spending that would fund organic growth projects.

October 29, 2019

Crestwood Eyeing Midstream Projects in Bakken, PRB After Record 3Q Volumes

After setting fresh highs in gathering volumes on its Jackalope natural gas gathering and processing (G&P) system in Wyoming earlier in October, Crestwood Equity Partners LP is looking to add incremental dedications to the system.

October 29, 2019
Patterson-UTI Idles Spreads, Retires Horsepower as E&P Activity Wanes

Patterson-UTI Idles Spreads, Retires Horsepower as E&P Activity Wanes

Houston-based Patterson UTI Energy Inc. is idling fracturing spreads in the Lower 48 and evaluating the economics of working versus shutting down more equipment through the end of the year as customers drop rigs.

October 24, 2019

Permian Supply, Gulf Coast Demand Creating ‘Very Positive Situation’ for Kinder’s NatGas Business

Coming off a strong quarter of growth in its natural gas business, Kinder Morgan Inc. (KMI) remains poised to capture value from connecting the sources of supply and demand burgeoning on either side of Texas.

October 18, 2019

Roan Mulling Fewer Rigs in Anadarko Basin as Sale Evaluation Continues

Oklahoma City-based Roan Resources Inc., which is focused exclusively on the stacked plays within the Anadarko Basin, dropped one rig in the second quarter, bringing the count to three*, and is considering potentially dropping another this year, executives said on a 2Q2019 earnings call.

August 13, 2019
NOV Facing Challenges in ‘Generational Oilfield Downturn,’ Says CEO

NOV Facing Challenges in ‘Generational Oilfield Downturn,’ Says CEO

Houston-based oilfield services operator National Oilwell Varco Inc. (NOV) reported growth in its international and offshore businesses during the second quarter, but the North American land market suffered as producers slashed spending.

July 30, 2019
Marcellus Drove Double-Digit Production Gains for Cabot in First Quarter

Marcellus Drove Double-Digit Production Gains for Cabot in First Quarter

Cabot Oil & Gas Corp. exceeded the high-end of its first quarter guidance, producing 2.276 Bcfe/d, or 21% more than it did at the same time last year, as its Marcellus Shale assets in Northeast Pennsylvania continued to outperform.

April 30, 2019

Range Resources Eager to Start Flowing Appalachian Liquids as ME 1 Restarts

Range Resources Corp., which has had to find other outlets for its Appalachian ethane and butane over the last three months with Mariner East (ME) 1 offline in Pennsylvania, expects the outlook for natural gas liquids (NGL) to continue improving after the pipeline restarted service on Tuesday.

April 23, 2019
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