Recovered

Centrica Taking Bet on UK’s Shale Gas Resources

The UK’s leading energy retailer, Centrica, is taking a bet that shale gas resources in the country’s Bowland Basin are the real deal after making a hefty commitment in explorer Cuadrilla Resources Ltd.

June 14, 2013
U.S. Shales Putting Canadian NatGas Producers ‘In A Holding Pattern’

U.S. Shales Putting Canadian NatGas Producers ‘In A Holding Pattern’

While natural gas prices have recovered to nearly $4/MMBtu, the National Energy Board (NEB) said Thursday that Canadian natural gas producers are undertaking minimal natural gas drilling as current prices do not cover the full costs of developing most natural gas prospects and U.S. shale development continues to displace Canadian gas exports.

May 13, 2013

NEB: Canada NatGas Producers ‘In A Holding Pattern’

While natural gas prices have recovered to nearly $4.00/MMBtu, the National Energy Board (NEB) Thursday said Canadian gas producers are undertaking minimal drilling activity, as current prices do not cover the full costs of developing most prospects.

May 13, 2013

Canadian NatGas Producers ‘In A Holding Pattern,’ NEB Says

While natural gas prices have recovered to nearly $4/MMBtu, the National Energy Board (NEB) reported Thursday that Canadian natural gas producers are undertaking minimal natural gas drilling activity, as current prices do not cover the full costs of developing most natural gas prospects.

May 13, 2013

Leading Eagle Ford Counties Oil Production Up 66% from Year Ago

Overall oil production in Texas declined somewhat in January from December, according to preliminary January production figures from the Railroad Commission of Texas (RRC). But the Eagle Ford Shale kept on pumping, with leading Eagle Ford counties charting substantial oil production increases from year-ago levels.

March 26, 2013

Tennessee Gets FERC Nod on Northeast Upgrade Project

FERC on Tuesday issued a certificate for Tennessee Gas Pipeline’s Northeast Upgrade Project, which would expand the company’s existing 300 Line system in Pennsylvania and New Jersey to provide an additional 636,000 Dth/d of Marcellus Shale gas to Northeast markets. This comes only months after Tennessee placed into service an initial expansion and upgrade of the 300 Line.

May 31, 2012

Colorado Report: Water for Fracking to Grow 35% by 2015

Water use for hydraulic fracturing (fracking) in Colorado is expected to grow by 35% by 2015, but it will remain a minute portion of the state’s overall water use, according to a report by a trio of state agencies, including the Colorado Oil and Gas Conservation Commission (COGCC).

January 30, 2012

Marketers 2Q2011: Big Names Report Declining Sales

Three of the top four natural gas marketers reported volume declines compared with the year-ago period, and 24 leading companies had total sales transactions of 123.44 Bcf/d in 2Q2011, a 3.50 Bcf/d (3%) decrease from the 126.94 Bcf/d they transacted in 2Q2010, according to NGI’s 2Q2011 Top North American Gas Marketers Ranking.

September 12, 2011

Marketers 2Q2011: Big Names Report Declining Sales

Three of the top four natural gas marketers reported volume declines compared with the year-ago period, and 24 leading companies had total sales transactions of 123.44 Bcf/d in 2Q2011, a 3.50 Bcf/d (3%) decrease from the 126.94 Bcf/d they transacted in 2Q2010, according to NGI’s 2Q2011 Top North American Gas Marketers Ranking.

September 9, 2011

Lawmakers: National Security Depends on Gas, Especially Shale Gas

Eight members of Congress have told President Obama that the United States’ national security interests are dependent on natural gas, and urged the president to support efforts to expand exploration, development and production, especially through hydraulic fracturing (fracking).

July 7, 2011
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