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East, Gulf Lead Holiday Descent; Futures Inch Higher

Cash prices overall averaged about 9 cents lower Monday as trading rosters were thinned by the holiday and near-term weather was close to seasonal conditions. Eastern points fell along with Gulf quotes, but California locations were mostly steady to higher.

October 9, 2012

Ohio Water District Authorizes Temporary Sales to Operators

The Muskingum Watershed Conservancy District (MWCD) says it will consider short-term water sales from two lakes in eastern Ohio to oil and natural gas operators drilling in the Marcellus and Utica shales.

September 25, 2012

Raymond James: Natural Gas Rigs to Slow Descent in 2013

Raymond James & Associates Inc. energy analysts last week modestly reduced their near-term outlook for U.S. drilling activity and raised expectations for 2013, but only slightly. Drilling activity in the coming year still is “much lower than consensus expectations,” but the natural gas rig count should begin to stabilize.

September 24, 2012

Raymond James: Natural Gas Rig Count to Slow Descent in 2013

Raymond James & Associates Inc. energy analysts on Monday modestly reduced their near-term outlook for U.S. drilling activity and raised expectations for 2013, but only slightly. Drilling activity in the coming year still is “much lower than consensus expectations,” but the natural gas rig count should begin to stabilize.

September 18, 2012

Democrats Leave Door Open For Safe Gas Development

The Democrats’ national energy platform is heavy on clean energy, but it leaves the door open for the safe and responsible development of the nation’s “cheap, abundant natural gas” reserves.

September 5, 2012

Raymond James: Marcellus Gas Shale ‘King’ by 2015

Based on production data verifiable to date, the Marcellus Shale will become the “King of the Gas Shales” by 2015 at the latest, U.S. energy analysts with Raymond James & Associates Inc. said in a new report.

September 5, 2012

Dominion Project to Alleviate WV, PA Bottleneck Comes Online

FERC Friday gave Dominion Transmission Inc. (DTI) the go-ahead to place into service its Appalachian Gateway pipeline, which will loosen a bottleneck to allow for the transportation of shale and conventional natural gas production from West Virginia and southwestern Pennsylvania to growing markets in the Mid-Atlantic and Northeast. The facilities were to begin service on Saturday (Sept. 1), said DTI spokesman Dan Donovan.

September 4, 2012

FERC Conference: Shale Gas a Double-Edged Sword

Shale gas is a doubled-edged sword for power generators in the Mid-Atlantic region, supplying them with abundant, low-cost gas while at the same time putting pressure on an already over-taxed pipeline infrastructure, generators said Thursday at the fifth and final FERC conference on gas-power coordination issues.

September 4, 2012

Executives Expect Oilfield Services M&A to Increase

Mergers and acquisitions (M&A) within the oilfield services sector should pick up steam over the next one to two years, with most of the activity centered in North America, according to a survey by Ernst & Young.

August 31, 2012

Shale Gas: An Opportunity Wrapped in a Dilemma

Low prices have made dry gas from shales a producers’ problem and an end-user’s dream. But interests at both ends of the market do agree that the right gas price — the equilibrium price — would make shale gas a boon for the country.

August 27, 2012
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