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Rex Energy Says Warrior South Well Results ‘Impressive’

Rex Energy Corp. said it has seen “impressive” results so far from its first three wells in the Warrior South prospect, an area in Ohio’s portion of the Utica Shale.

July 10, 2013

CNG Still Sparking Interest

The compressed natural gas (CNG) sector has seen no shortage of supporters, with continuing interest in new fleet orders, technology advancements in fuel tank design and governmental/utility initiatives, as witnessed at the recent Alternative Clean Transportation (ACT) Expo in Washington, DC.

July 8, 2013

Low NatGas Prices Created Early Spring Storage Deficit, Analyst Says

A U.S. natural gas storage surplus of 463 Bcf on Feb. 15 had tumbled to a 32 Bcf deficit by May 24, a 495 Bcf decline that “ranks among the strongest we have seen, and oddly, the timing was in the late winter and early spring,” analysts at Stephen Smith Energy Associates said in their most recent Monthly Energy Outlook.

June 7, 2013

Industry Briefs

The United States has completed its bilateral consultations with Japan for the country’s membership in the Trans-Pacific Partnership (TPP). If ultimately approved, membership is seen as potentially aiding U.S. liquefied natural gas to Japan (see Daily GPI, March 19). “Since November 2011, the United States has been engaged in consultations with Japan focused on Japan’s readiness to meet the TPP’s high standards for liberalizing trade and investment, and to address specific bilateral issues of concern in the automotive and insurance sectors, as well as other Japanese non-tariff measures,” said Acting U.S. Trade Representative Demetrios Marantis. “…[W]e are pleased to welcome Japan’s participation in the TPP negotiations pending a consensus agreement among the current TPP members and the completion of our respective domestic processes.” Through the TPP, the United States and 10 Asia-Pacific countries are seeking to negotiate a next-generation, regional trade agreement.

April 16, 2013

WSI: Warmer than Normal Spring for East Coast

The Northeast has seen a run of colder-than-normal weather through March Madness, but the next three months should bring the region a considerable warm-up, according to forecasters at Andover, MA-based Weather Services International (WSI).

April 1, 2013
Weak Job Growth Seen in Ohio Shale, But Retail Sales Strong

Weak Job Growth Seen in Ohio Shale, But Retail Sales Strong

Researchers from Cleveland State University (CSU) said Ohio counties with significant Marcellus and Utica shale development have seen only a modest increase in job creation in 2012, but those same counties also saw a large increase in retail sales.

March 27, 2013

WSI Forecasts Warmer than Normal Spring for East Coast

The Northeast has seen a run of colder-than-normal weather through March Madness, but the next three months should bring the region a considerable warm-up, according to forecasters at Andover, MA-based Weather Services International (WSI).

March 27, 2013
Marcellus Changing Game For Some Producers; Some Still Lag

Marcellus Changing Game For Some Producers; Some Still Lag

The Marcellus Shale today is the largest U.S. natural gas production region, with output of more than 7 Bcf/d, which has led to a “significant, positive” impact on early movers, but some operators continue to underperform share-wise in the play, according to IHS Inc.

March 19, 2013

North Dakota Production Drops; More Declines Coming?

In a reversal not seen for a number of months, North Dakota oil/natural gas officials on Friday reported a decline in month-over-month production for both oil and gas in January, and some of the sour weather conditions attributed to the drop may keep production down well into May, according to Lynn Helms, director of the state Department of Mineral Resources (DMR).

March 18, 2013
North Dakota Production Drops; More Declines Coming?

North Dakota Production Drops; More Declines Coming?

In a reversal not seen for a number of months, North Dakota oil/natural gas officials on Friday reported a decline in month-over-month production for both oil and gas in January, and some of the sour weather conditions attributed to the drop may keep production down well into May, according to Lynn Helms, director of the state Department of Mineral Resources (DMR).

March 18, 2013
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