Report

Natural gas prices continue to languish and oil prices have failed to strengthen despite recent geopolitical events, indicating more North American energy operators may face restructuring or bankruptcy through the first half of 2020, according to Haynes and Boone LLP.

New Mexico needs to boost staffing and pay competitive salaries to oil and gas regulators, along with working to improve drilling application approvals, according to a report card by the state’s Legislative Finance Committee (LFC).

U.S. exploration and production (E&P) dealmaking has begun, extending beyond the Permian Basin, with the Top 10 deals surpassing $17 billion in the third quarter, Enverus reported Wednesday.

Cracked rock layers and pressure pockets riddle Montney Shale gas drilling territory with earthquake hazards in northern British Columbia (BC), according to a report completed for the province’s Oil and Gas Commission (BCOGC).

The Energy Information Administration (EIA) on Thursday reported a leaner-than-expected 78 Bcf build into U.S. natural gas stocks, injecting a little upward movement into a futures market that had sold off in recent sessions.

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.

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.