Resulted

Mandated Natural Gas Price Tests Take Toll on U.S. E&Ps

Sharply lower natural gas prices year/year in 2012, used under required 12-month average price tests, resulted in significant negative revisions for many domestic gas- and liquids-weighted producers, which rendered some current projects uneconomic and pushed a boat load of proved undeveloped reserves (PUD) out of the five-year development window, according to an analysis by Fitch Ratings.

June 3, 2013

SEC’s Natural Gas Price Tests Take Toll on E&Ps

Sharply lower natural gas prices in 2012 from 2011, used under required 12-month average price tests, resulted in significant negative revisions for many domestic gas- and liquids-weighted producers, rendering some current projects uneconomic and pushing a boat load of proved undeveloped reserves (PUD) out of the five-year development window, according to an analysis by Fitch Ratings.

June 3, 2013

Texas RRC Adopts Well Casing, Fracking Rule Changes

The Railroad Commission of Texas (RRC) amended its oil and gas well construction requirements rule (Statewide Rule 13) to clarify requirements related to casing, cementing, drilling, well control and completions. The changes take effect Jan. 1, 2014 and apply to any wells drilled on or after that date.

May 28, 2013

EIA Once Again Raises 2013, 2014 NatGas Price Forecasts

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014.

May 13, 2013
EIA Sees Gas Production Growth, Price Increases Through 2014

EIA Sees Gas Production Growth, Price Increases Through 2014

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014. The government agency added that strong onshore production growth will offset Gulf of Mexico declines in both years.

May 9, 2013

EIA Hikes 2013, 2014 Gas Price Forecasts Again

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014.

May 8, 2013

AGA: NatGas Efficiency Programs Creating Big Savings

Natural gas utilities increased their investment in gas efficiency programs to nearly $958 million in 2011, which resulted in a total savings of more than $300 million for U.S. gas customers last year, according to a report issued Wednesday by the American Gas Association (AGA).

February 7, 2013

Energy Department Hit by Hackers

A “cyber incident” at Department of Energy (DOE) headquarters in Washington, DC, in mid-January targeted the agency’s network “and resulted in the unauthorized disclosure of employee and contractor” information.

February 5, 2013

MSC Compels Anti-Drilling Website to Remove Similar Logo

A kerfuffle between the Marcellus Shale Coalition (MSC) and an anti-drilling group over copyright infringement has resulted in the latter removing from its website a logo similar to the one used by the MSC.

October 2, 2012

Northeast Market Points Plummet As Cooler Weather Is Forecast

Cash market prices overall fell an average of 28 cents Thursday, but much of the decline resulted from short-term weather-driven changes affecting Northeast markets. Declines averaged closer to 14 cents if the multi-dollar free-fall experienced by Northeast markets is not considered, but losses were widespread nonetheless.

June 22, 2012
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