Spring

E&P Spring Redeterminations Follow Mediocre 4Q Results, Oil Price Decline

U.S. producers are likely to face a “conservative but not knee-jerk response” by banks as they begin spring borrowing base redeterminations, according to a survey by Haynes and Boone LLC.

March 13, 2019
Centennial’s Papa Sees Permian Output From Delaware Climbing 72% Per Year to 2020

Centennial’s Papa Sees Permian Output From Delaware Climbing 72% Per Year to 2020

Permian Basin pure-play Centennial Resource Development Inc., which under the tutelage of former EOG Resources Inc. chief Mark Papa snapped up a tantalizing set of properties in West Texas last year, expects total output to soar in 2017 by 191%, the Denver-based explorer said Thursday.

March 23, 2017

Concho, Mexco Plying Bone Spring Together

Mexco Energy Corp. and Concho Resources Inc. have struck an agreement to develop the Bone Spring formation with horizontal drilling and multistage hydraulic fracturing (fracking).

September 24, 2013
Colorado Becoming ‘War Zone’ for Fracking Debate

Colorado Becoming ‘War Zone’ for Fracking Debate

Spring has brought out the Colorado frack fanatics on both sides of the growing hydraulic fracturing (fracking) debate as evidenced by the “Showdown of the Century” scheduled Wednesday in Boulder, CO, when pro- and anti-fracking documentaries and their writer/directors meet head-to-head (almost).

May 23, 2013

EIA Once Again Raises 2013, 2014 NatGas Price Forecasts

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014.

May 13, 2013
EIA Sees Gas Production Growth, Price Increases Through 2014

EIA Sees Gas Production Growth, Price Increases Through 2014

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014. The government agency added that strong onshore production growth will offset Gulf of Mexico declines in both years.

May 9, 2013

EIA Hikes 2013, 2014 Gas Price Forecasts Again

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014.

May 8, 2013

Spring Cold Prompts Midwest Gains, Yet Futures Regroup

Natural gas cash prices made a mid-spring advance of 4 cents overall Tuesday as a forecast influx of winter-like cold and snow was expected to pummel the nation’s midsection. The largest price increases were seen in the Midwest and Midcontinent, and California and the Gulf also registered gains. New England was flat to lower, and eastern prices made a nominal advance. At the close of futures trading, June had eased 4.9 cents to $4.343 and July was off 4.7 cents to $4.394. June crude oil fell $1.04 to $93.46/bbl.

May 1, 2013
Tuscaloosa Operators Get Severance Tax Break in Mississippi

Tuscaloosa Operators Get Severance Tax Break in Mississippi

Mississippi Gov. Phil Bryant on Tuesday signed into law several energy bills that were passed by state lawmakers this spring, including one piece of legislation that should encourage more development in the emerging Tuscaloosa Marine Shale (TMS), as well as other unconventional oil and natural gas formations.

April 25, 2013

Wyoming DEQ Increases Oil/NatGas Engine Checks

Wyoming Department of Environmental Quality’s (DEQ) Air Quality Division (AQD) Administrator Steve Dietrich on Monday reinforced the state’s intention this spring to increase its program for compliance checks of oil and natural gas production facility engines.

April 17, 2013
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