Sequentially

U.S. natural gas output for some of the largest domestic producers inched up sequentially in the final three months of 2009 from 3Q2009, according to a survey issued Friday by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

U.S. natural gas output for some of the largest domestic producers inched up sequentially in the final three months of 2009 from 3Q2009, according to a survey issued Friday by SunTrust Robinson Humphrey/the Gerdes Group (STRH).

Oilfield operator Baker Hughes Inc. (BHI) said Tuesday North American business climbed 9% sequentially in 4Q2009 after producers went back to work to drill more horizontal natural gas wells in U.S. and Canadian unconventional shale plays, as well as increased offshore drilling in the Gulf of Mexico (GOM) and the Permian and Williston basins.

Oilfield operator Baker Hughes Inc. (BHI) said Tuesday North American business climbed 9% sequentially in 4Q2009 after producers went back to work to drill more horizontal natural gas wells in U.S. and Canadian unconventional shale plays, as well as increased offshore drilling in the Gulf of Mexico (GOM) and the Permian and Williston basins.

U.S. natural gas production in 2Q2007 increased 1.9% sequentially from the first three months of the year, representing the first sequential gain since 3Q2006, and gas output gained 3.5% from the same period a year ago, according to a survey by SunTrust Robinson Humphrey/Gerdes Group (STRH) energy analysts.

U.S. natural gas production in 2Q2007 increased 1.9% sequentially from the first three months of the year, representing the first sequential gain since 3Q2006, and it was up 3.5% from the same period a year ago, according to a survey by SunTrust Robinson Humphrey/Gerdes Group (STRH) energy analysts.

Denver-based Gasco Energy reported record-breaking production volumes for 2Q2007 of 1.1 Bcfe, which was 8% higher sequentially than in 1Q2007 and 30% above 2Q2006. However, with none of its production protected by hedging, the price differentials for Rocky Mountain natural gas played havoc with the company’s balance sheet and sent it to a loss for the quarter.

Denver-based Gasco Energy on Thursday reported record-breaking production volumes for 2Q2007 of 1.1 Bcfe, which was 8% higher sequentially than in 1Q2007 and 30% above 2Q2006. However, with none of its production protected by hedging, the price differentials for Rocky Mountain natural gas played havoc with the company’s balance sheet and sent it to a loss for the quarter.

U.S. natural gas production decreased a modest 0.2% sequentially in the first quarter from the final three months of 2006, suggesting that gas supplies are stabilizing, according to a survey by energy analysts. U.S.-based independents also appear to be are bulking up their capital budgets, with their eyes on more exploration and possible acquisitions.