Survey

Privately backed financial firms have close to $1 trillion ready to deploy into the global oil and natural gas sector, with one-quarter now planning acquisitions by year’s end that mostly target North America and the Asia-Pacific, a survey by Ernst & Young has found.

Unmanned robots, aerial drones and 3-D printing technologies could more efficiently secure global oil and gas supplies, a survey of energy professionals by Lloyd’s Register (LR) has found.

Unmanned robots, aerial drones and 3-D printing technologies could more efficiently secure global oil and gas supplies, a survey of energy professionals by Lloyd’s Register (LR) has found.

Upstream operators may be scrutinizing their dwindling finances, but they haven’t stopped investing in digital technologies to improve well completions and capital efficiencies, according to a new global survey.

Frustratingly low commodities prices continued to exert their force as 2015 wound down, with a majority of the companies participating in NGI’s 4Q2015 Top North American Gas Marketers Ranking reporting lower sales transaction numbers than they did in 4Q2014.

The West Virginia Senate on Monday rejected a bill that would have given natural gas companies the right to survey on private property without the owner’s consent.

Atlantic Coast Pipeline LLC (ACP) is working through a slew of court cases in Virginia as opponents try to block its ability to survey on private land to route the proposed 550-mile, 1.5 Bcf/d interstate natural gas pipeline.

Since the start of the year, almost half of the privately held oilfield service company owners in the United States have seen their work volumes slump by more than 25%, and nearly 60% are bracing for more reductions, according Citadel Advisory Group.

The energy industry is more convinced that U.S. natural gas prices will be lower over the coming year, while expectations are higher for oil prices to strengthen, a new survey by Bernstein Energy has found.