Seems

Mild weather seems to matter little as market recently follows prior-day futures guidance.

Two drilling companies reported disappointing financial results last Thursday but hinted that things could be looking up in the gas/oil patch as the rig count seems to have hit its nadir.

Two drilling companies reported disappointing financial results Thursday but hinted that things could be looking up in the gas/oil patch as the rig count seems to have hit its nadir.

While the consensus seems to be that the 2009 Atlantic hurricane season will be relatively mild and temperatures across much of the country will be slightly cooler this summer than in recent years, the weather’s effect on natural gas consumption is not so easy to predict, according to analysts at Barclays Capital.

The 2009 Atlantic Hurricane season seems likely to be milder than last year’s, with Andover, MA-based WSI Corp. on Tuesday adding its name to the list of forecasters predicting “relatively quiet” storm numbers.

The future of natural gas vehicles (NGV) and the use of natural gas as a transportation fuel seems brighter after Utah lawmakers moved to continue an NGV-related subsidy and two other states began considering legislation to provide tax credits for NGVs.

A roughly 20% drop in domestic drilling activity seems necessary to align exploration and production (E&P) industry cash generation and capital spending, according to an analysis by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

A roughly 20% drop in domestic drilling activity seems necessary to align exploration and production (E&P) industry cash generation and capital spending, according to an analysis by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

Everyone, it seems, wants a piece of one of the shale plays that are spread across North America — majors, independents, privately owned producers, master limited partnerships (MLP) and even some of the neighborhoods that sit on top of them.