ConocoPhillips on Thursday said it expects to see higher sequential 2Q2006 oil and gas production over 1Q2006, mostly on the acquisition of Burlington Resources Inc. (see Daily GPI, April 3). Meanwhile, BP plc, already beset by safety problems at some of its refinery units and an alleged propane price-fixing scheme (see Daily GPI, June 29), expects its quarterly output to fall about 2.5% from a year ago.
Tag / Sequential
SubscribeSequential
Articles from Sequential
ConocoPhillips Expects Slight Sequential Drop in Production
ConocoPhillips expects its first quarter oil and natural gas production to be “slightly less” sequentially over the fourth quarter of 2003, the company said Monday.
ConocoPhillips Expects Slight Sequential Drop in Production
ConocoPhillips expects its first quarter oil and natural gas production to be “slightly less” sequentially over the fourth quarter of 2003, the company said Monday.
RBC: Oil Service Sector Rally Expected to Continue in 2004
The oil service sector ended the year on a strong note, with stocks gaining more than 10% in December, and the rally is expected to continue “along a bumpy path” for the first half of 2004, according to a new report by RBC Capital Markets analysts.
RBC: Oil Service Sector Rally Expected to Continue in 2004
The oil service sector ended the year on a strong note, with stocks gaining more than 10% in December, and the rally is expected to continue “along a bumpy path” for the first half of 2004, according to a new report by RBC Capital Markets analysts.
Lehman Holds Fast to Sequential, Full-Year North American Gas Declines
With about 66% of its third quarter production survey completed, Lehman Brothers analysts said Friday that they believe North American natural gas production fell an estimated 2.3% sequentially from the second quarter and that full-year volumes are expected to fall nearly 2.5% in the United States and 3.2% in Canada over 2002.
Producers Reporting Slight Production Declines over 1Q
The 11 majors and independents that produce about 14% of the natural gas for the Lower 48 are reporting a 1.7% sequential decline over the first quarter and a 5.8% decline over a year ago, according to research by Lehman Brothers’ analyst Thomas R. Driscoll. The analyst, who surveys a total of 45 producers that overall account for 70% of U.S. production, has revised a previous forecast of flat production for the quarter, and now predicts either a small increase or decrease, in the range of +0.4% to 0.4%, from the first quarter of this year.
Producers Reporting Slight Production Declines over 1Q
The 11 majors and independents that produce about 14% of the natural gas for the Lower 48 are reporting a 1.7% sequential decline over the first quarter and a 5.8% decline over a year ago, according to research by Lehman Brothers’ analyst Thomas R. Driscoll. The analyst, who surveys a total of 45 producers that overall account for 70% of U.S. production, has revised a previous forecast of flat production for the quarter, and now predicts either a small increase or decrease, in the range of +0.4% to 0.4%, from the first quarter of this year.