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“The more people think things are going to stay the same, the more surprising it will be when they change,” might be an apt revision of an old proverb for today’s shale gas industry.

“The more people think things are going to stay the same, the more surprising it will be when they change,” might be an apt revision of an old proverb for today’s shale gas industry.

Natural gas prices are going to stay low “for quite a while,” and producers are just going to have to deal with it; after all, it’s their fault, Southwestern Energy CEO Steven Mueller told a Houston audience Wednesday.

Anadarko Petroleum Corp. has named Al Walker, the company’s current president and COO, to the post of CEO to replace current CEO Jim Hackett, who will stay on as executive chairman. Hackett became CEO in December 2003. The change will take effect May 15 at the company’s annual meeting. Walker will stand for election to Anadarko’s board of directors at that time. “Throughout his time with the company, Al has demonstrated an exceptional ability to create value for Anadarko, resulting in some of the company’s most noteworthy accomplishments,” said Hackett. “Al has been a member of the company’s executive management team since joining Anadarko in 2005 and has been integral to the company’s major strategic and tactical decisions over that period.” Walker, 55, has more than 30 years of experience in the energy industry, with a focus on exploration and production. “We see very little change as it relates to the day-to-day operations at [Anadarko],” Wells Fargo Securities analysts said of the CEO appointment.

Canada will stay in the natural gas export trade after all, said the National Energy Board (NEB) in a new 25-year forecast that recognizes emerging unconventional supplies for the first time.

Canada will stay in the natural gas export trade after all, said the National Energy Board (NEB) in a new 25-year forecast that recognizes emerging unconventional supplies for the first time.

Believing natural gas and oil prices will stay at their current levels “for a while,” Talisman Energy Inc. could shift money from the Marcellus and Montney shales to the Eagle Ford Shale next year as its focuses on liquid-rich plays, CEO John Manzoni said Wednesday.

EQT Corp. said last month it plans to stay in the midstream business, but not on its own.

EQT Corp. plans to stay in the midstream business, but not on its own.