Stands

Hurricane Sandy appears to have posed a minimal disruption to oil and gas companies operating in the Marcellus Shale.

Houston-based Carrizo Oil & Gas Inc. posted records during the first quarter for natural gas, natural gas liquids (NGL) and oil production as well as chart-topping revenue, largely thanks to the Eagle Ford Shale of South Texas and the Barnett Shale in North Texas. Meanwhile, Marcellus Shale activities are ramping up.

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

While noting that the organization stands behind the Commodity Futures Trading Commission’s (CFTC) efforts to prevent price manipulation, the Futures Industry Association (FIA) said Thursday it opposes the commission’s proposed speculative position limits on energy commodities.

On one side of the country, ExxonMobil Corp. CEO Rex Tillerson Thursday cast doubts on whether natural gas stands much of a chance to penetrate the U.S. transportation market (see Daily GPI, March 12). Meanwhile, at the annual CERAWeek conference in Houston, auto and energy executives mostly expressed pessimism about how big the market might become.

On one side of the country, ExxonMobil Corp. CEO Rex Tillerson Thursday cast doubts on whether natural gas stands much of a chance to penetrate the U.S. transportation market (see Daily GPI, March 12). Meanwhile, at the annual CERAWeek conference in Houston, auto and energy executives mostly expressed pessimism about how big the market might become.

From a trough of 17 drilling rigs last summer to a current rig count that stands above 40, natural gas and oil producers are flocking to the Eagle Ford Shale in South Texas, which holds the potential for a big nest egg of returns.

From a trough of 17 drilling rigs last summer to a current rig count that stands above 40, natural gas and oil producers are flocking to the Eagle Ford Shale in South Texas, which holds the potential for a big nest egg of returns.