Surpassing

Marcellus, Utica NatGas to Surpass Rockies, Canada — Wood Mackenzie

Natural gas production from the Marcellus and Utica shales should double over the next five years, surpassing Rockies output levels from 2012 and accounting for “over a quarter of U.S. Lower 48 gas production,” Wood Mackenzie upstream analysts are forecasting.

August 1, 2013

For Old-Timer, Barnett Shale Still Getting it Done

A Barnett Shale well operated by Chesapeake Energy Corp. produced on average 17.824 MMcf/d for the month of September, surpassing any of the 14,000-plus wells drilled to date in the North Texas play.

November 12, 2010

Range to Jettison Barnett Stake to Focus on ‘Liquids-Rich’ Marcellus

Marking a U-turn of sorts in the company’s exploration and production strategy due to low natural gas prices and a premium on liquids prices, Range Resources Corp. in its 3Q2010 earnings call put its Barnett Shale properties in Texas on the block and announced that it plans to focus on its “liquids-rich plays” in the Marcellus Shale.

October 29, 2010

Horn River Called ‘Best’ Shale Play in North America

British Columbia’s Horn River Basin could be the “best” natural gas shale play in North America, matching or surpassing any of the touted “Big Four” shale gas fields in the Lower 48 states, EnCana Corp.’s Mike Graham said last week.

September 14, 2009

EnCana Exec Calls Horn River ‘Best’ Shale Play in North America

British Columbia’s Horn River Basin could be the “best” natural gas shale play in North America, matching or surpassing any of the touted “Big Four” shale gas fields in the Lower 48 states, EnCana Corp.’s Mike Graham said Wednesday.

September 10, 2009

BP CEO: ‘Little Evidence’ of Energy Demand Growth

BP plc’s quarterly profits fell by half from the same period a year ago, but the company is surpassing its cost-cutting targets and increasing output, CEO Tony Hayward told reporters Tuesday. The company, however, doesn’t think a global economic recovery — or energy demand growth — will happen this year.

July 29, 2009

Devon Looks to Share the Wealth in Lower Tertiary

Devon Energy Corp.’s North American quarterly natural gas output jumped nearly 10% from a year ago after surpassing production records in the Barnett Shale in Texas and the Powder River Basin in Wyoming, the company said Wednesday. However, to ensure it has adequate funding for its near-term, onshore projects, the producer wants to find a partner to share expenses for its longer-term projects in the deepwater Gulf of Mexico (GOM).

May 11, 2009

Devon’s Gas Output Jumps Almost 10%

Devon Energy Corp.’s North American quarterly natural gas output jumped nearly 10% from a year ago after surpassing production records in the Barnett Shale in Texas and the Powder River Basin in Wyoming, the company said Wednesday.

May 7, 2009

Gas Demand from Power Generation Still Running Strong

The Energy Information Administration has confirmed that gas demand from power generation posted a new record in July of 923.7 Bcf (29.8 Bcf/d), far surpassing the old record set in August 2005 of 780.9 Bcf. In a significant revision to its prior estimates, EIA sharply raised its demand estimate for July by about 138 Bcf. Furthermore, Denver-based consulting firm Bentek Energy said in several reports Wednesday that gas demand from generation remains well above levels last year, in part due to more nuclear maintenance outages in the shoulder months.

November 6, 2006

Gas Demand from Power Generation Still Running Strong

The Energy Information Administration has confirmed that gas demand from power generation posted a new record in July of 923.7 Bcf (29.8 Bcf/d), far surpassing the old record set in August 2005 of 780.9 Bcf. In a significant revision to its prior estimates, EIA sharply raised its demand estimate for July by about 138 Bcf. Furthermore, Denver-based consulting firm Bentek Energy said in several reports Wednesday that gas demand from generation remains well above levels last year, in part due to more nuclear maintenance outages in the shoulder months.

November 2, 2006
‹ Previous 1 2