Test

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.

FERC has approved Golden Pass LNG Terminal LLC’s request to accept delivery of liquefied natural gas (LNG) cargoes for test and commissioning of its terminal facilities in Sabine Pass, TX.

Natural gas futures continued to test the upside Friday after support at $4 held earlier in the week. The July contract recorded a high of $4.399 before closing Friday’s regular session at $4.341, up 4.7 cents from Thursday’s finish and 23.5 cents higher than the previous week’s close.

Natural gas futures slid lower in uninspired trading Monday and traders have begun to question the markets ability to test the upper end of its trading range. June futures fell 1.8 cents to $4.017 and July shed 3.1 cents to $4.075. July crude oil added 17 cents but the remaining contract months posted losses.

Houston-based Southwestern Energy Co., which up to now has focused its exploration efforts in the Fayetteville Shale of Arkansas, plans to test new hydrocarbon basins in New Brunswick (NB) after winning bids in a tender call for licenses covering more than 2.5 million acres (1.02 million hectares).

Houston-based Southwestern Energy Co., which up to now has focused its exploration efforts in the Fayetteville Shale of Arkansas, on Monday said it would test new hydrocarbon basins in New Brunswick (NB) after winning bids in a tender call for licenses covering more than 2.5 million acres (1.02 million hectares).

Houston-based Southwestern Energy Co., which up to now has focused its exploration efforts in the Fayetteville Shale of Arkansas, on Monday said it would test new hydrocarbon basins in New Brunswick (NB) after winning bids in a tender call for licenses covering more than 2.5 million acres (1.02 million hectares).

Picking up right where they left off on Friday, natural gas futures traders on Monday continued to test the downside as the April contract recorded yet another new low for the move before closing out the regular session at $4.391, down just less than a penny from last week’s finish.

Picking up right where they left off on Friday, natural gas futures traders on Monday continued to test the downside as the April contract recorded yet another new low for the move before closing out the regular session at $4.391, down just less than a penny from last week’s finish.