Tightens

Natural Gas Shale Takes Money to Make Money…Eventually

Natural Gas Shale Takes Money to Make Money…Eventually

Natural gas shale plays have become “relatively well delineated,” which is sending production costs south in many onshore basins, a trend that should continue as adequate infrastructure opens the door to more opportunities, according to Credit Suisse’s energy team.

December 26, 2012

Dominion Reports Favorable Earnings; Tightens Purse Strings

Dominion Resources Inc. reported last Thursday that fourth quarter net income for the company rose significantly over a year ago due to a variety of factors, including higher production levels and expanded growth in its customer base. Nevertheless, it said it plans to dramatically tighten its capital spending in 2003 and beyond to boost cash flow.

January 27, 2003

Dominion Reports Favorable Earnings; Tightens Purse Strings

Dominion Resources Inc. reported Thursday that fourth quarter net income for the company rose significantly compared to a year earlier due to a variety of factors, including higher production levels and expanded growth in its customer base. Nevertheless, it said it plans to dramatically tighten its capital spending in 2003 and beyond to boost cash flow.

January 24, 2003

Market Tightens as Credit Crunch Restricts Drilling, Production

Restricted access to capital brought on in part by the financial market’s recently-acquired aversion to anything relating to energy is holding back drilling and will contribute to a tight natural gas market over the next two years, according to Boston-based Energy Security Analysis Inc. (ESAI) in its latest North American Natural Gas Stockwatch 2-Year Outlook.

September 16, 2002

Market Tightens as Credit Crunch Restricts Drilling, Production

Restricted access to capital brought on in part by the financial market’s recently-acquired aversion to anything relating to energy is holding back drilling and will contribute to a tight natural gas market over the next two years, according to Boston-based Energy Security Analysis Inc. (ESAI) in its latest North American Natural Gas Stockwatch 2-Year Outlook.

September 13, 2002

Equitable Tightens 1999 Purse Strings

Equitable Resources revealed its 1999 capital budget Monday,demonstrating its dedication to focusing on only its coreAppalachia production and gas utility businesses. Equitable’s 1999spending plan for its four main divisions, Equitable Production,Utilities, Services, and its corporate group, adds up to $119million, representing a $64 million decrease from 1998. Theproduction unit was allocated 54% of the budget, down 21% from theyear before.

January 5, 1999