Thanks

Thanks to the newfound interest and favorable economics in natural gas shale plays across the country, North American drilling activity should remain steady through 2008 — even if prices soften — Raymond James & Associates Inc. analysts said in a note.

Williams enjoyed vastly better results in the first quarter compared to a year ago, thanks in large part to the performance of its exploration and production business unit — which surpassed 1 Bcfe in average daily production for the first time — and its pipeline business.

Williams enjoyed vastly better results in the first quarter compared to a year ago, thanks in large part to the performance of its exploration and production business unit — which surpassed 1 Bcfe in average daily production for the first time — and its pipeline business.

Thanks to the newfound interest and favorable economics in natural gas shale plays across the country, North American drilling activity should remain steady through 2008 — even if prices soften — Raymond James & Associates Inc. analysts said Monday.

EOG Resources Inc.’s natural gas production inched up slightly in 3Q2007, but no thanks to the Rocky Mountains. In September and October the independent curtailed 50-140 MMcf/d net volumes “on any given day in the Rockies,” and EOG plans to shut in those same amounts through the first half of November, CEO Mark Papa said last week.

EOG Resources Inc.’s natural gas production was up slightly in 3Q2007, but no thanks to the Rocky Mountains. In September and October the producer curtailed 50-140 MMcf/d net volumes “on any given day in the Rockies,” and EOG plans to shut in those same amounts through the first half of November, CEO Mark Papa said Tuesday.

The Natural Gas Supply Association (NGSA) expects a relatively stable market this winter, thanks to forecasts of slightly warmer-than-normal temperatures, a flat economy and moderate growth in both natural gas demand and supply.

The Natural Gas Supply Association (NGSA) expects a relatively stable market this winter, thanks to forecasts of slightly warmer-than-normal temperatures, a flat economy and moderate growth in both natural gas demand and supply.

Thanks to historically high hydrocarbon prices, exploration and production (E&P) companies in 2006 are once again rewarding shareholders through stock repurchases and dividend increases. However, Standard & Poor’s (S&P) said those large share buybacks have tempered the credit ratings improvement E&Ps likely would have received otherwise.