The Energy Information Administration (EIA) dropped another bombshell on the natural gas market, reporting a 115 Bcf injection into storage inventories for the week ending June 14.
Articles from Report
The Canadian fossil fuel industry is taking a long fall into becoming a poor cousin to its peer in the United States, according to an annual review of the North American energy scene by the Fraser Institute.
The Energy Information Administration (EIA) reported a 92 Bcf injection into storage inventories for the week ending April 12, a build that was on the higher end of market expectations and a few Bcf above consensus.
Energy activity was flat in the first quarter across much of the Rockies and the northern half of New Mexico, as the region’s exploration and production (E&P) companies said natural gas prices needed to average $3.02/MMBtu for drilling to be profitable, according to the Federal Reserve Bank (Fed) of Kansas City.
A slowdown in oil and gas activity in Oklahoma between late 2014 and late 2016 created a $1.5 billion, or 15.4%, loss in total state tax revenue, according to a report released last month by the State Chamber of Oklahoma.
Natural gas futures prices charted a relatively tranquil pattern Thursday after the Energy Information Administration’s (EIA) weekly storage report showed a 36 Bcf withdrawal from U.S. stocks that was in line with estimates.
Links between hydraulic fracturing (fracking) and earthquakes, and predicting and preventing the tremors, remain riddles requiring far more scientific study, according to a report commissioned by the British Columbia (BC) government.
If various regulatory and economic hurdles can be overcome, storage of produced natural gas through reinjection in the oil patch may prove to be a breakthrough for curbing flaring in North Dakota’s Bakken Shale, according to a state-sponsored report released Wednesday.
The Department of Energy (DOE) on Tuesday unveiled a long-awaited report demonstrating the feasibility of developing a natural gas liquids (NGL) storage hub in the Appalachian Basin that it says would increase supply and geographic diversity for the nation’s petrochemical and plastics industries.
U.S. oil and natural gas independents need to position themselves to survive and thrive as the domestic markets are overhauled and excess onshore production is exported to global markets, according to an analysis.