Denver, CO-based Aspen Exploration Corp. announced Monday its seventh consecutive successful flow test on a recently drilled gas well in the Sacramento Valley gas province of northern California. The Kalfsbeek #1-13 well located in the Buckeye Gas Field, Colusa County, CA, was drilled to a depth of 8,800 feet and encountered gas pay in several intervals in the Forbes formation.
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Articles from Seventh
Futures Break Six-Day Upward Streak, Await EIA Storage Methodology Revision
After giving the appearance in Wednesday morning trading that natural gas futures were headed higher for a seventh consecutive day, the September contract ended up pulling off of its highs and exploring lower, before settling near unchanged.
ICAP Energy Sees Storage Options Trade Increasing
Completing its seventh week of operation, the derivatives auction based on the Energy Information Administration’s (EIA) weekly natural gas storage report continues to grow, its sponsors say. Launched by ICAP Energy, Goldman Sachs and Nymex in early June, the electronic options auction looks to help market participants “manage exposure” to the impact of reported natural gas storage inventories released by the EIA each week (see NGI, May 3).
ICAP Energy Sees Storage Options Trade Increasing
Going into its seventh week of operation, the derivatives auction based on the EIA’s weekly natural gas storage report continues to grow, its sponsors say. Launched by ICAP Energy, Goldman Sachs and Nymex in early June, the electronic options auction looks to help market participants “manage exposure” to the impact of reported natural gas storage inventories released by the Energy Information Administration (EIA) each week (see Daily GPI, April 29).
Petro-Canada Looks to LNG to Hedge Field Decline
Describing operations in picked-over natural gas fields at home as a case of “managing decline,” Canada’s seventh-ranked producer has set out to expand in international liquefied natural gas development in order to maintain and increase sales to the United States.
Petro-Canada Looks to LNG to Hedge Field Decline
Describing operations in picked-over natural gas fields at home as a case of “managing decline,” Canada’s seventh-ranked producer has set out to expand in international liquefied natural gas development in order to maintain and increase sales to the United States.
With Winter Showing Tail-lights, Bears Assert Their Control
In concert with the downtrend now in its seventh week, the natural gas futures market stumbled lower Monday as traders returned from the weekend to weather forecasts suggesting the month of March would blow in more like a lamb than like a lion.
British Columbia Gains IOGCC Affiliation
British Columbia has been unanimously elected the seventh international affiliate member of the Interstate Oil and Gas Compact Commission (IOGCC), giving the Canadian province full access to information and resources of the Oklahoma City-based commission.
British Columbia Gains IOGCC Affiliation
British Columbia has been unanimously elected the seventh international affiliate member of the Interstate Oil and Gas Compact Commission (IOGCC), giving the Canadian province full access to information and resources of the Oklahoma City-based commission.
Canadian Natural Resources Increases Gas Production
Canadian Natural Resources increased natural gas production for the seventh consecutive quarter with 1.08 Bcf/d in 2Q02, or 22% more than the company’s production in the second quarter of 2001.