Records

FERC: Shale Gas Increased Influence on Market in 2010

Natural gas supply and demand set new records in 2010, while regional changes in production — including that from the nation’s fast-growing shale plays — altered the industry landscape, according to a state of the markets report issued Thursday by FERC’s Office of Enforcement.

April 25, 2011

FERC: Gas Supply and Demand Set Records in 2010

Natural gas supply and demand set new records in 2010, while regional changes in production and new infrastructure changed utilization along some key pipeline routes across the country, according to a state of the markets report issued Thursday by FERC’s Office of Enforcement.

April 25, 2011

Industry Briefs

Natural gas production in Louisiana last year hit a level not seen since 1980, according to state records. In 2010 the state produced nearly 2.06 Tcf, which is nudging up against the 2.67 Tcf produced 21 years ago. The state’s figures include wet gas after lease separation and exclude production from the Outer Continental Shelf. The Haynesville Shale area was credited for the rise in production — although Bill Delmar, assistant director of technology assessment for the state’s Department of Natural Resources, said it could not yet be determined how much of the production was from the Haynesville play proper. “The data just doesn’t split out that way for us; we’re in the process of trying to do that right now,” he told NGI’s Shale Daily. However, he said, “We could speculate that it was coming from the Haynesville Shale.”

February 21, 2011

Haynesville Area Leading Louisiana Production Climb

Natural gas production in Louisiana last year hit a level not seen since 1980, according to state records. In 2010 the state produced nearly 2.06 Tcf, which is nudging up against the 2.67 Tcf produced 21 years ago.

February 18, 2011

Storm Gives Major Boost to Non-Northeast Points

It might not set records like the one in New England during mid-January, but another major winter storm spreading into most market areas was generating flat to as much as about 95 cents higher prices at most non-Northeast locations Tuesday. The previous day’s futures gain of 9.7 cents gave a little extra support to cash.

February 2, 2011

Canadian Exports Slipping, Prices Soft

Canadian natural gas exporters are firmly on track — downhill — toward a second straight year of decline in annual sales, according to trade records kept by the National Energy Board (NEB).

July 12, 2010

Up North the Trend Is Still Down

Canadian natural gas exporters are firmly on track — downhill — toward a second straight year of decline in annual sales, according to trade records kept by the National Energy Board (NEB).

July 12, 2010

Some in Canada See Turnaround Coming

Imports into the United States of Canadian natural gas tapered sharply last heating season. Records of the U.S. Department of Energy confirm earlier reports by Canada’s National Energy Board (NEB) that the volume of trade contracted during the period fell when it normally peaks, at the same time that prices fell on glutted markets.

September 14, 2009

Bullish Predictions Emerge Following Canadian Import Declines

Imports into the United States of Canadian natural gas tapered sharply last heating season. Records of the U.S. Department of Energy confirm earlier reports by Canada’s National Energy Board (NEB) that the volume of trade contracted during the period fell when it normally peaks, at the same time that prices fell on glutted markets.

September 14, 2009

Devon Looks to Share the Wealth in Lower Tertiary

Devon Energy Corp.’s North American quarterly natural gas output jumped nearly 10% from a year ago after surpassing production records in the Barnett Shale in Texas and the Powder River Basin in Wyoming, the company said Wednesday. However, to ensure it has adequate funding for its near-term, onshore projects, the producer wants to find a partner to share expenses for its longer-term projects in the deepwater Gulf of Mexico (GOM).

May 11, 2009