Stood

U.S. shale plays are on the right track, regulation-wise, even regarding hydraulic fracturing (fracking), according to oil and natural gas professionals surveyed recently by Deloitte LLP.

Constellation Energy Partners LLC (CEP) said Monday it’s looking for a buyer for its natural gas-heavy Black Warrior Basin properties in Tuscaloosa County, AL.

Most cash market points gained a few cents, lost a few cents or stood unchanged Wednesday, except for deliveries into the Northeast, where a handful of points posted double-digit gains due to cooler weather. Futures elected to go their own way and closed higher. At the closing bell April futures had risen 9.7 cents to $2.616 and May had improved 8.3 cents to $2.710. April crude oil rose 52 cents to $107.07/bbl.

Researchers from Cornell University last week firmly stood by an earlier claim that shale gas has a larger greenhouse gas (GHG) footprint than conventional gas and oil or coal, and thus would be an unsuitable bridge fuel.

In a paper released Thursday, researchers from Cornell University firmly stood by an earlier claim that shale gas has a larger greenhouse gas (GHG) footprint than conventional gas and oil or coal, and thus would be an unsuitable bridge fuel.

Multi-dollar plunges at several Northeast citygates stood out as most points in other regions were either flat or recorded changes up and down of about a nickel or less Thursday. Although leaving temperatures around freezing or not much higher in its wake, a winter storm was starting to move out of the Northeast, and other areas were seeing a variety of cold to cool conditions that failed to create impressive amounts of heating load. Cash quotes also continued to get no backing from the previous day’s 5.5-cent fall by April futures.

China’s and Korea’s national oil companies (NOC) stood out as particularly acquisitive in a mergers and acquisitions (M&A) market last year that saw NOCs as mostly buyers and international oil companies (IOC) as mostly sellers, according to consultancy Wood Mackenzie. There were exceptions, however, as some IOCs had their checkbooks out in a big way, too.

China’s and Korea’s national oil companies (NOC) stood out as particularly acquisitive in a mergers and acquisitions (M&A) market last year that saw NOCs as mostly buyers and international oil companies (IOC) as mostly sellers, according to consultancy Wood Mackenzie. There were exceptions, however, as some IOCs had their checkbooks out in a big way, too.

Larry Nichols, who now chairs Devon Energy Corp., stood “on top of the Fort Worth Basin” last Tuesday and recalled the turning point for his company — and the global natural gas industry.