Steep

Eagle Ford Oil Production Poised to Be a Bakken Beater

Eagle Ford Oil Production Poised to Be a Bakken Beater

As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.

May 31, 2013

ExxonMobil Profits Up, Output Down; Chevron the Reverse

ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday.

February 4, 2013

ExxonMobil Output Slumps, Chevron’s Strengthens

ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday. Until natural gas prices are revived, the producer will direct most of North American unconventional spending on liquids and oil, the investor relations chief said Friday.

February 4, 2013

ExxonMobil Output Drops, Chevron’s Rises

ExxonMobil Corp.’s profits climbed 6% year/year in 4Q2012, with annual earnings jumping 9%, despite a steep fall-off in global natural gas and oil production, the supermajor reported on Friday. Chevron Corp., however, reported strong year/year (y/y) earnings and higher production.

February 4, 2013

West Virginia Panel Recommends Fee Hikes

A committee of West Virginia lawmakers has recommended steep increases to permit fees and bonding requirements for Marcellus Shale drilling, expanding the public notice and comment period over drilling activities and changing the way it hires natural gas well inspectors.

September 19, 2011

West Virginia Panel Calls for ‘Dramatic’ Well Fee, Bonding Hikes

A committee of West Virginia lawmakers voted Wednesday to recommend steep increases in permit fees and bonding requirements for Marcellus Shale drilling, resolving two key areas of disagreement as they work to cobble together a draft regulatory reform bill.

September 16, 2011

Share Price Decline Puts Bull’s Eye on E&Ps

A steep decline in share prices, combined with uncertain oil prices, have put a bull’s eye on about two dozen large U.S. producers and close to 100 small exploration and production (E&P) companies, which may be targets for consolidation, according to a report by IHS Inc.

September 5, 2011

Prices Reverse Direction Again, Rising at Most Points

The cash market continued this week’s roller-coaster ride, returning to a fairly steep uphill track for most locations in recording gains virtually across the board Wednesday. Thursday lows getting to freezing or occasionally lower were the main driver of the bullishness, getting a small extra contribution from Tuesday’s screen advance of 3.8 cents.

November 4, 2010

Market Sheds More Weight as Screen Leads the Way

Coming off of Wednesday’s significant declines in natural gas futures, the cash market on Thursday not only recorded steep declines at a majority of points for the second consecutive day, but it also recorded widespread double-digit drops for the second consecutive day.

May 21, 2010

EOG: Short-term Bulls, Long-term Bears

The Energy Information Administration’s (EIA) recent downward production revision probably wasn’t steep enough, according to EOG Resources Inc., which last week reported a 4.8% decline in its own first quarter natural gas production.

May 10, 2010
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