Tag / Spot

Subscribe

Spot

Frontier Formation Stirs Hopes for Mackenzie Valley

Canada’s frontier shale drilling hot spot lived up to hopes for a new source of premium-grade oil, according to first results disclosed from 2012-2013 winter exploration in the central Mackenzie Valley region of the Northwest Territories.

March 25, 2013

Canada’s Canol Formation Stirring Shale Excitement

Canada’s frontier shale drilling hot spot lived up to hopes for a new source of premium-grade oil, according to first results disclosed from 2012-2013 winter exploration in the central Mackenzie Valley region of the Northwest Territories.

March 25, 2013

EIA: NatGas Prices to Rise — A Bit — Through 2014

Natural gas spot prices, which averaged $2.75/MMBtu at the Henry Hub last year and $3.33 last month, are expected to climb to an average of $3.41 this year and $3.63 in 2014, according to the Energy Information Administration (EIA).

March 18, 2013

NatGas Prices to Increase Slowly Through 2014, EIA Says

Natural gas spot prices, which averaged $2.75/MMBtu at the Henry Hub last year and $3.33 last month, are expected to climb to an average of $3.41 this year and $3.63 in 2014, according to the Energy Information Administration (EIA).

March 13, 2013

EIA: NatGas Prices to Rise — A Bit — Through 2014

Natural gas spot prices, which averaged $2.75/MMBtu at the Henry Hub last year and $3.33 last month, are expected to climb to an average of $3.41 this year and $3.63 in 2014, according to the Energy Information Administration (EIA).

March 13, 2013

Northeast Tumbles, East Weakens, and California Steady

Spot natural gas prices on average fell 37 cents Monday, but if volatile New England pipes such as Algonquin, Iroquois and portions of Tennessee are factored out, the decline was about 3 cents.

February 5, 2013

Analysts: Ethane Surplus Could Last Through 2016

The Marcellus Shale, among other regions, could see persistent ethane rejection until the market comes back into balance, according to analysts at Raymond James & Associates Inc.

January 29, 2013

Canada Cracks Door to Foreign Investment

The Canadian government earlier this month granted Chinese state-controlled industry a spot in the North American oil and gas industry with its approval of a merger by CNOOC Ltd. of Nexen Inc. (see NGI, Dec. 10), but it pledged that the toehold will not be allowed to grow into a dominant role.

December 17, 2012

EIA Again Increases 2013 Henry Hub Price Forecast

With natural gas working inventories remaining near record highs through the end of November, the Energy Information Administration (EIA) expects the Henry Hub spot price to average $2.78/MMBtu this year, down from $4.00/MMBtu in 2011, before rebounding to an average of $3.68/MMBtu in 2013.

December 17, 2012

EIA Again Increases 2013 Henry Hub Price Forecast

With natural gas working inventories remaining near record highs through the end of November, the Energy Information Administration (EIA) expects the Henry Hub spot price to average $2.78/MMBtu this year, down from $4.00/MMBtu in 2011, before rebounding to an average of $3.68/MMBtu in 2013.

December 12, 2012