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Goldman: Target Upside for 16 Energy Companies

Goldman Sachs analysts recently published their list of the top 40 undervalued stocks and 40% of them were energy-related. Chesapeake Energy Corp. was the only energy stock listed of 25 others “that people expect to fail.”

January 14, 2013
North Dakota Turns Corner on Flaring, Officials Say

North Dakota Turns Corner on Flaring, Officials Say

When considering the increased rate that wells are getting connected to gathering pipeline systems, North Dakota is “turning the corner” on the volumes of natural gas flaring despite the relatively high percentage of associated gas that is still being burned at the wellhead, state officials told NGI’s Shale Daily.

December 26, 2012

Higher North American Onshore Resource Estimates Forecast for 2013

Higher natural gas and oil resource estimates should continue through 2013 for several onshore unconventional areas, especially in “pockets of the Permian Basin,” the Niobrara formation, as well as the Eagle Ford and “super-rich” Marcellus and Utica shales, according to Credit Suisse.

December 19, 2012
Marcellus: A Source for More NGVs?

Marcellus: A Source for More NGVs?

Pennsylvania continues its support for natural gas use to power vehicles.

December 19, 2012

Voters in Mansfield, OH, Approve ‘Environmental Bill of Rights’

Supporters of an “environmental bill of rights” charter amendment in Mansfield, OH, prevailed at the polls on Tuesday, but opponents of the measure fear it could be used beyond its intended purpose — to possibly block wastewater injection wells — and applied to other types of business.

November 9, 2012

Cut Global Gas Flaring by 30%, Says Group

Countries and companies that produce oil should reduce the flaring of associated natural gas by 30% by 2017, the World Bank-led Global Gas Flaring Reduction (GGFR) partnership said last Wednesday. Meanwhile, in the United States and Mexico, progress on flaring reduction is being made as gas-handling infrastructure is built out in oil plays.

October 29, 2012

Flaring Group: ‘Cannot Afford to Waste This Gas Anymore’

Countries and companies that produce oil should reduce the flaring of associated natural gas by 30% by 2017, the World Bank-led Global Gas Flaring Reduction (GGFR) partnership said Wednesday. Meanwhile, in the United States and Mexico, progress on flaring reduction is being made as gas-handling infrastructure is built out in oil plays.

October 26, 2012
Heightened North Dakota Drilling Spurs Data Sensitivity

Heightened North Dakota Drilling Spurs Data Sensitivity

It has been around for more than 30 years, long before the state’s current oil/gas boom, but North Dakota’s six months of confidentiality provided new wells is taking on greater interest in the midst of the competitive exploration and production (E&P) push throughout the industry.

August 31, 2012

Rosetta Resources: Back at the (Gates) Ranch, There’s Profit

Houston-based Rosetta Resources Inc. grew net income and revenues during the second quarter, thanks to more production that was more heavily weighted to liquids. Where one goes to get that in Texas — as everyone knows — is the Eagle Ford Shale. As it continues to develop its core Gates Ranch area there, Rosetta is stepping out as well.

August 9, 2012

Comstock and KKR in Eagle Ford JV

Comstock Resources Inc.’s second quarter results took a beating from “extraordinarily low natural gas prices,” but the company continues to shift to oil in a big way and just sealed a joint venture (JV) for its “growth engine” Eagle Ford Shale acreage. Comstock expects good things to come from the Permian Basin and plans to hold on to its Haynesville-Bossier Shale acreage in anticipation of better days for dry gas.

August 1, 2012
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