Rebounded

Offshore Reinvestment Coming at Opportune Time

Following a turbulent period in the Gulf of Mexico after the Macondo well blowout in April 2010, offshore drilling companies have rebounded and are outperforming the top land service providers, according to IHS Inc.

February 4, 2013

Offshore Drillers’ Reinvestment Coming at Opportune Time

Following a turbulent period in the Gulf of Mexico after the Macondo well blowout in April 2010, offshore drilling companies have rebounded and are outperforming the top land service providers, according to IHS Inc.

February 4, 2013

For Third Consecutive Year, Comstock Targets Oil in South, West Texas

Comstock Resources Inc. announced Monday that it plans to spend about $420 million on exploration and development activities in 2013, with a drilling program focused on its oil-weighted holdings in South and West Texas — in the Eagle Ford Shale and Wolfbone and Wolfcamp formations in the Permian Basin, respectively.

January 8, 2013
Unconventionals Are a Huge U.S. Job Creator, Says IHS

Unconventionals Are a Huge U.S. Job Creator, Says IHS

The U.S. energy outlook is “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said Tuesday.

October 24, 2012

Gensler: CFTC Preparing Cross-Border Swaps Market Reforms

Pointing to international investment house failures that rebounded to their U.S. affiliates and ultimately the American taxpayer, Chairman Gary Gensler of the Commodity Futures Trading Commission (CFTC) said those foreign-based affiliates should come under the same market reforms being installed in the United States.

June 11, 2012

Rockies, Southwest Points Rise in Overall Flat Market; Futures Slide

Friday’s trading found cash prices overall flat with Thursday, but points throughout the Rockies and as far south as the Permian Basin rebounded from an outage reported east of Bakersfield, CA. Midcontinent points rose, but Gulf Coast locations weakened. At the close of futures trading June had fallen 6.1 cents to $2.279 and July had slipped 5.9 cents to $2.371. June crude tumbled $4.05 to $98.49 following a weak employment report and hints of hedge fund liquidation.

May 7, 2012

Marcellus, Utica Drilling Heated Up in October

Marcellus Shale drilling rebounded in October, according to recently released figures.

November 14, 2011

Marcellus and Utica Drilling Heated Up in October

Marcellus Shale drilling rebounded in October, according to recently released figures.

November 10, 2011

End-User Buying Interest Emerging; September Gains

Futures rebounded from Thursday’s decline on Friday as observers noted buying interest from the end-user community, and saw a bearish price pattern from last year that is not likely to repeat. At the close September had risen 4.8 cents to $3.940 and October was up 4.2 cents to $3.941. September crude oil eased 12 cents to $82.26/bbl.

August 22, 2011

Barnett Shale Continues to Drive Quicksilver Growth

Quicksilver Resources Inc. set another production record in the second quarter and rebounded from a 1Q2011 net loss with net income of $109 million (61 cents/share) in 2Q2011. Production in the Barnett Shale, which has been a primary driver of the company’s recent growth, is expected to ramp up through at least the end of the year.

August 9, 2011
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