Uncertain

Analyst Sees Shale Gas ‘Learning Curve’ Unfolding in California

There is no doubt that shale gas will be a factor in future natural gas supply forecasts, but how big the role that turns out to be is still uncertain as a “huge learning curve” accelerates, a lead gas analyst at the California Energy Commission (CEC) told NGI last Friday.

May 17, 2011

Maryland Lawmakers Seek Regulatory Review

On the heels of a legislative session that failed to pass any Marcellus Shale development measures, two Maryland lawmakers are seeking an independent review of their state’s regulatory framework.

April 26, 2011

Raymond James: Don’t Hold Breath for European Shale Gas

Last year “large overseas companies” invested more than $15 billion in U.S. shale plays, and they weren’t putting down the money to “expect juicy margins at $4/Mcf gas,” analysts with Raymond James & Associates Inc. said Monday.

April 20, 2011

Plains Exploration: Deepwater Moratorium Delayed Asset Sale

Plains Exploration & Production Co. (PXP) said last week the planned sale of its Gulf of Mexico (GOM) deepwater properties has been delayed because the uncertain regulatory environment for offshore producers has frightened away buyers.

March 28, 2011

Plains Exploration Says Deepwater Moratorium Delayed Asset Sale

Plains Exploration & Production Co. (PXP) said Thursday the planned sale of its Gulf of Mexico (GOM) deepwater properties has been delayed because the uncertain regulatory environment for offshore producers has frightened away buyers.

March 28, 2011

Ernst & Young: ‘Uncertain’ Environment for Gas, Oil Industry

An uncertain environment exists for North America’s oil and gas industry because of “sharp differences” in the economic strength between regions, development opportunities, a changing environmental landscape and the upcoming midterm elections, Ernst & Young LLP said in a report Friday.

November 1, 2010

Ernst & Young: ‘Uncertain’ Environment for Gas, Oil Industry

An uncertain environment exists for North America’s oil and gas industry because of “sharp differences” in the economic strength between regions, development opportunities, a changing environmental landscape and the upcoming midterm elections, Ernst & Young LLP said in a report Friday.

November 1, 2010

GOM Shallow-Water Players Getting ‘Mixed Signals’ from MMS

Drilling is still ongoing in the shallow waters of the Gulf of Mexico (GOM), but producers and rig providers are “uncertain” how long this will continue. They say they have received “mixed signals” from the Interior Department’s Minerals Management Services (MMS) in recent days over whether they can proceed with any drilling in the Gulf, no matter what water depth.

June 7, 2010

GOM Shallow-Water Players Getting ‘Mixed Signals’ from MMS

Drilling is still ongoing in the shallow waters of the Gulf of Mexico (GOM), but producers and rig providers are “uncertain” as to how long this will continue. They say they have received “mixed signals” from the Interior Department’s Minerals Management Services (MMS) in recent days over whether they can proceed with any drilling in the Gulf, no matter what the water depth.

June 7, 2010

Moody’s Sees Positives for Oilfield Services, Negatives for E&P

The U.S. oilfield services sector may be moving toward a positive environment, but the sustainability of exploration and production (E&P) spending “remains uncertain” because of weak natural gas prices and a continued oversupply, Moody’s Investors Service said Thursday.

April 5, 2010