Tough

Colleges Offer Training in Response to Illinois’ Oil & Gas Regulations

Responding to Illinois’ tough new hydraulic fracturing (fracking) legislation, and with the potential for a surge of activity in relatively untapped shale natural gas deposits in Illinois, two colleges say they are planning an array of training opportunities for the emerging oil and natural gas industry.

June 20, 2013

Big Oil to Eclipse Independents in North American Spending

North American onshore spending in 2013 is forecast to be dominated by Big Oil, international oil companies (IOC) and national oil companies (NOC), according to the latest annual review by Barclays Capital.

December 10, 2012

DRBC Faces Restored Pennsylvania Funding, More Cuts From New York

Pennsylvania is reportedly planning to resume paying its dues to the Delaware River Basin Commission (DRBC) for the upcoming fiscal year (FY) 2012-2013, but New York wants to continue cutting its contribution to the watershed protection organization.

March 8, 2012

Gas Prices Said ‘Biggest Threat’ to E&P Credit Quality

All-in finding and development (F&D) costs to produce U.S. natural gas are $4.00-5.00/MMBtu, but with benchmark Henry Hub spot prices hovering at $2.50/MMBtu, exploration and production (E&P) companies are in a tough spot, particularly if they have few hedges in place, no oil component in their portfolio, or are just beginning to transition to oily projects, Standard & Poor’s (S&P) analysts said last week.

February 20, 2012

S&P: Gas Prices ‘Biggest Threat’ to E&P Credit Quality

All-in finding and development (F&D) costs to produce U.S. natural gas are $4.00-5.00/MMBtu, but with benchmark Henry Hub spot prices hovering at $2.50/MMBtu, exploration and production (E&P) companies are in a tough spot, particularly if they have few hedges in place, no oil component in their portfolio, or are just beginning to transition to oily projects, Standard & Poor’s (S&P) analysts said in a new report.

February 15, 2012

Shale Gas Seen as Major Factor in LNG Export

The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).

January 25, 2012

Multiple Factors Complicate Natural Gas Export Issue

The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).

January 23, 2012

PA House, Senate Face Drilling Bill Negotiations

Legislators from both chambers of the Pennsylvania General Assembly face tough negotiations into December as they try to reconcile the differences between their two Marcellus Shale regulatory reform bills, which include an impact fee on oil and natural gas drilling.

November 21, 2011

Quest for Shale Continues to Fuel M&A Activity

Nearly half of the U.S. oil and natural gas merger and acquisition (M&A) activity during the third quarter was driven by shale plays, according to the latest survey by consultancy PwC US.

October 28, 2011

East Coast Braces for Strengthening Hurricane Irene

The first hurricane of 2011 does not appear to be headed for the Gulf of Mexico, but the U.S. East Coast could be in for a tough week as the storm intensifies and moves north, tropical forecasters said Monday.

August 23, 2011
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