Despite the record rig count, gas production isn’t picking upspeed the way many expected, according to Robert Morris of SalomonSmith Barney. Gas production decline rates are extremely high andthe United States will be lucky to see production growth of 3% thisyear, Morris said during a conference call Friday.
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Supply-Demand Tightness Should Continue
Despite the record rig count, gas production isn’t picking upspeed the way many expected, according to Robert Morris of SalomonSmith Barney. Gas production decline rates are extremely high, andthe United States will be lucky to see production growth of 3% thisyear, Morris said during a conference call Friday.
Northern Exploration Picks Up Speed
While three top Canadian producers move forward on tappingnatural gas reserves on the Mackenzie Delta and designing apipeline to bring it to market, the first step is being takentowards reopening drilling much farther north. For the first timesince the Prudhoe Bay discovery ignited an exploration rush on thetop of the world in the 1960s and ’70s, the vast Sverdrup Basin inthe Arctic Islands is being offered to gas hunters.
DIGP Connects With Two Gulf Projects
Increased natural gas development in the Gulf of Mexicocontinues at break-neck speed. Daulphin Island Gathering Partners(DIGP) recently completed two projects that will expand natural gasservice in the Gulf.
DIGP Connects With Two Gulf Projects
Increased natural gas development in the Gulf of Mexicocontinues at break-neck speed. Daulphin Island Gathering Partners(DIGP) recently completed two projects that will expand natural gasservice in the gulf.
Energy Companies Find Expanded Revenue Through eBusiness
The speed at which energy companies embrace the Internet isexpected to accelerate for at least two more years, after whichcompanies that have aggressively invested in eBusiness will moveahead of competitors because of expanded revenue growthopportunities and reduced cost structures. At least that’s what anindustry survey by energy adviser Cap Gemini Ernst & Young U.S.LLC suggests.
Internet Savvy May Decide Your Future
The speed at which energy companies embrace the Internet isexpected to accelerate for at least two more years, after whichcompanies that have aggressively invested in eBusiness will moveahead of competitors because of expanded revenue growthopportunities and reduced cost structures. At least that’s what anindustry survey by energy adviser Cap Gemini Ernst & Young U.S.LLC suggests.
Search for Gas on Northeastern Frontier Picks Up Speed
The northern frontier on the eastern side of the continent isstepping up work on adding new supplies to the North Americannatural-gas market, along with promoters of a development andpipeline revival in Alaska and the Northwest Territories.
Search for Gas on Northeastern Frontier Picks Up Speed
The northern frontier on the eastern side of the continent isstepping up work on adding new supplies to the North Americannatural-gas market, along with promoters of a development andpipeline revival in Alaska and the Northwest Territories.
Mobil Propagates GOM Success
Using new technology to increase transport speed from thewellhead to the pipeline, Mobil Exploration & Producing U.S.Inc. said it recently commenced selling gas from the newly streamedMobile 822 No. 6 well, in the Gulf of Mexico. The company said theprocess, which took 369 days, was its fastest drill-to-salesoperation to date in the Mobile Bay.