Straight

U.S. NatGas Trade with Canada Still Gaining

U.S. natural gas exporters are on course for a seventh straight record year for northbound sales, according to the U.S. Department of Energy’s (DOE) trade scorecard.

July 22, 2013
Forest to Run Faster in Eagle Ford on $90M Drilling Carry

Forest to Run Faster in Eagle Ford on $90M Drilling Carry

Forest Oil Corp. has struck an agreement with Schlumberger that the company said will allow it to accelerate development of its Eagle Ford Shale acreage.

April 15, 2013

GOM Output Seen Blowing Past U.S. Onshore

Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, according to Raymond James & Associates Inc.

March 25, 2013

GOM Output Seen Blowing Past U.S. Onshore Growth

Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, said Raymond James & Associates Inc.

March 20, 2013

ExxonMobil Holds Supreme as Top Energy Enterprise

ExxonMobil Corp., the No. 1 natural gas producer in the United States, continues to reign supreme as the world’s top energy enterprise, and it has regained its footing as the largest domestic publicly traded entity.

February 4, 2013

ExxonMobil Still Global Energy’s Heavyweight Champ

ExxonMobil Corp. continues to reign supreme as the world’s top energy enterprise and has regained its title as the largest domestic publicly traded entity.

January 29, 2013

Texas Was an Oil Barn Burner Again Last year

Texas producers boosted crude oil production for the third straight year in 2012, lifting statewide output by nearly 100 million bbl to 604 million bbl, according to the year-end report issued by the economist who compiles the monthly Texas Petro Index.

January 29, 2013

Shale Boom Makes Storage and Exports Important, CME Exec Says

Technology and good old “American ingenuity” that have driven the shale gas boom are also prompting responses to a supply glut that make storage and eventual liquefied natural gas (LNG) exports more important than ever, according to Bryan Durkin, COO at CME Group, who addressed the opening session of the LDC Gas Forums mid-continent meeting in Chicago Monday.

September 11, 2012

Cash Flat to Higher as Futures Virtually Unchanged

Much of the physical natural gas market recorded small upticks for a second straight day despite the facts that summer heat is waning and the levels of natural gas in storage are more than comfortable. While most regions did report gains, pockets of declines were prevalent on Tuesday for Wednesday delivery in the Northeast and the Rockies, while a number of points were flat. September futures put in a quiet day Tuesday with a $2.775 close, one-tenth of a penny lower than Monday’s finish.

August 22, 2012

Cash Romps Higher At Most Points, But Futures Skid

Spot natural gas made it three straight days of advances Wednesday as attractive storage differentials at some Western points, along with cooler weather, prompted buying in most regions of the country. A handful of Northeast locations were the exception as the posted double-digit drops, mostly between a dime and 30 cents. At the close of futures trading May had fallen 4.6 cents to $2.141 and June had skidded 5.1 cents to $2.267. May crude oil tumbled $2.54 to $101.47/bbl.

April 5, 2012
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