Natural gas and oil production in the nation’s seven most prolific onshore unconventional plays is expected to continue an upward trend next month that has been in effect for most of the year, according to data from the Energy Information Administration (EIA).
September
Articles from September
September Called Penny Lower After Thursday’s Advance
September natural gas was set to open about a penny lower at $2.973 Friday, holding onto most of Thursday’s 10-cent gain as overnight weather data showed little to push the market in either direction. Overnight oil markets were down slightly.
August 11, 2017
NatGas Forwards Leap 22 Cents On Looming Heat, Bullish Storage Report
What a difference a week makes. Just a week after plunging by the double digits, natural gas September forward prices vaulted an average 22 cents from Aug. 4 to 10 as weather forecasts became more convincing that the United States will experience more hot weather for the second half of August and into the first week of September.
August 11, 2017
Weather Models Move Little; September Called Steady
September natural gas is expected to open flat Monday morning at $2.77 as temperature forecasts changed little over the weekend and a tropical system looks too remote to have a market impact. Overnight oil markets weakened.
August 7, 2017
Traders Still Digesting Major Cooling; September Called 2 Cents Lower
September natural gas is expected to open 2cents lower Wednesday morning at $2.80as traders factor in an ongoing cooling trend in near-term weather forecasts. Overnight oil markets were narrowly mixed.
August 2, 2017
Traders Staying Long; September Seen Up a Penny
September natural gas is set to open a penny higher Friday morning at $2.98 as traders keep to their bullish stance and weather is seen having less of an impact. Overnight oil markets rose.
July 28, 2017
Still Waiting on Texas Petro Index Turnaround
September was the 22nd consecutive month that saw a decline in the Texas Petro Index (TPI), a barometer of upstream oil and natural gas activity in the Lone Star State. No one in the energy patch is going to call this recovery a quick one.
November 2, 2016
Only Moderate Cooling Expected; September Seen 2 Cents Higher
September natural gas is set to open 2 cents higher Tuesday morning at $2.61 as traders note only modest cooling in extended weather forecasts. Overnight oil markets gained.
August 16, 2016
Big Seven Plays to Continue Months-Long Production Decline in September, EIA Says
The downward slide of oil and natural gas production from the nation’s seven largest unconventional plays will extend into a twelfth month in September, though at a somewhat less pronounced decline, according to data from the Energy Information Administration (EIA).
August 15, 2016
Traders Eyeing Sales; September Called 2 Cents Lower
September natural gas is set to open 2 cents lower Friday morning at $2.85 as traders see a market at the upper end of its recent trading range and at the same time factor in expected above-normal temperatures in the weeks ahead. Overnight oil markets continued to melt down.
July 29, 2016
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
