Shying

A growing number of producers are shying away from dry gas drilling and instead pointing their drillbits at liquids-rich and oil targets, but drillers are “soldiering on” despite stubbornly low natural gas prices and “are set to do what they do best: drill,” according to energy analysts with Barclays Capital Markets.

A growing number of producers are shying away from dry gas drilling and instead pointing their drill bits at liquids-rich and oil targets, but drillers are “soldiering on” despite stubbornly low natural gas prices and “are set to do what they do best: drill,” according to energy analysts with Barclays Capital Markets.

Despite relatively low natural gas prices and a record-setting season for U.S. natural gas storage, it would appear that producers are not shying away from their development of shale plays, judging by the latest Baker Hughes rig count.

Despite relatively low natural gas prices and a record-setting season for U.S. natural gas storage, it would appear that producers are not shying away from their development of shale plays, judging by the latest Baker Hughes rig count.

While not shying away from active trading, independent generation and merchant natural gas pipeline/storage plays, it’s a sign of the economic downturn that Sempra Energy is charting a course led by its two sizable California utilities, CEO Don Felsinger told financial analysts.

While not shying away from active trading, independent generation and merchant natural gas pipeline/storage plays, Sempra Energy is charting a course led by its two sizable California utilities, CEO Don Felsinger told financial analysts last week at a company meeting in New York City.