By 2025 natural gas is expected to overtake coal as the second most used fuel worldwide and North America will have transitioned to become a net energy exporter, while by 2040 global energy demand will have increased by almost 35% from 2010 levels, according to ExxonMobil Corp.’s Outlook for Energy: A View to 2040, which wasreleased Tuesday.
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Matador Weights 2012 Spending to Liquids-Rich Eagle Ford Shale
Joining the months-long trend in the industry of transitioning from dry natural gas targets to more liquids-rich plays due to market economics, Dallas-based Matador Resources Co. said recently its 2012 plans will target the Eagle Ford Shale of South Texas while ramping down the development of its Haynesville Shale acreage in North Louisiana.
March 15, 2012
Goldman Analysts See U.S. NatGas Prices ‘Decoupling’ From Globe
The widely held belief of the last few years that natural gas would be transitioning to a crude oil-like global market in the near future appears to be overstated, if a new report from Goldman Sachs analysts holds up. Higher than expected U.S. production levels will likely prolong the “winter disconnect” between U.S. and international natural gas prices through, and possibly beyond 2009, according to Goldman Sachs analysts Samantha Dart and Jefferey Curry.
October 13, 2008
Goldman Sachs Analysts See U.S. NatGas Prices Decoupling From Globe
The widely held belief of the last few years that natural gas would be transitioning to a crude oil-like global market in the near future appears to be overstated, if a new report from Goldman Sachs analysts holds up. Higher than expected U.S. production levels will likely prolong the “winter disconnect” between U.S. and international natural gas prices through, and possibly beyond 2009, according to Goldman Sachs analysts Samantha Dart and Jefferey Curry.
October 9, 2008
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