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Natural Gas Not Out of Favor at Vanguard

Unlike many producers today, Vanguard Natural Resources LLC is not necessarily focused on oil and natural gas liquids (NGL)-rich acquisitions. The company has done recent deals for both liquids and dry gas assets, instead focusing on margin and how the properties fit into its structure, CEO Scott Smith said last week.

March 11, 2013

Vanguard Is Oil/Gas ‘Agnostic,’ Focused on Margin

Unlike many producers today, Vanguard Natural Resources LLC is not necessarily focused on oil and natural gas liquids (NGL)-rich acquisitions. The company has done recent deals for both liquids and dry gas assets, instead focusing on margin and how the properties fit into its structure, CEO Scott Smith said Monday.

March 5, 2013

Shale Boom Riding the Rails to Find Markets

Unlike natural gas, oil can be carried in a bucket — or in a rail car — as is increasingly the case in the Bakken Shale, for instance, where the drill bit has gotten ahead of the pipeline, way ahead of the pipeline, in offering oil producers a route to market.

February 11, 2013

Chevron’s Focus on Deepwater Gulf

With promising deepwater Gulf of Mexico projects, Chevron Corp. is in no hurry to buy anything in the U.S. onshore, CFO Pat Yarrington said Friday.

November 1, 2010

New Moratorium on Deepwater Drilling Would End Nov. 30

Interior Secretary Ken Salazar Monday issued a new moratorium on deepwater drilling in the Gulf of Mexico (GOM) that, unlike the initial moratorium, gives a date-certain for when it would end — Nov. 30.

July 13, 2010

Transportation Notes

Southern California Gas kept a high-linepack OFO that had started Wednesday in effect through at least Saturday. Unlike the previous two days in which it had not announced the OFO extension until the afternoon, shippers were notified by e-mail early Friday morning about the Saturday OFO.

April 19, 2010

Transportation Notes

Southern California Gas kept a high-linepack OFO that had started Wednesday in effect through at least Saturday. Unlike the previous two days in which it had not announced the OFO extension until the afternoon, shippers were notified by e-mail early Friday morning about the Saturday OFO.

April 19, 2010

All Points Fall; Cold-Based Holiday Rally Not Sure Bet

Triple-digit plunges continued at Northeast citygates Wednesday, and unlike a day earlier they were joined by declines spreading across the board. Several sections of the market were due to get a bit more reprieve Thursday from frigid conditions previously, although lows in the teens and 20s were still in the forecast from the Rockies through the Midwest, and sub-zero readings were expected in Alberta and parts of the Upper Plains.

December 31, 2009

Impact of New 12-Month Natural Gas ETF Likely to Be Muted

The United States Commodity Funds LLC (USCF) completed a 28-month process last Wednesday to launch its United States 12-Month Natural Gas (UNL) exchange-traded product. Unlike its sister United States Natural Gas (UNG) fund offering, which focuses on replicating price changes of the near-month New York Mercantile Exchange (Nymex) futures contract, the UNL exchange-traded fund (ETF) is attempting to track movements in the prices of the nearest 12-month Nymex futures strip.

November 23, 2009

Impact of New 12-Month Natural Gas ETF Likely to Be Muted

The United States Commodity Funds LLC (USCF) completed a 28-month process on Wednesday to launch its United States 12-Month Natural Gas (UNL) exchange-traded product. Unlike its sister United States Natural Gas (UNG) fund offering, which focuses on replicating price changes of the near-month New York Mercantile Exchange (Nymex) futures contract, the UNL exchange-traded fund (ETF) will attempt to track movements in the prices of the nearest 12-month Nymex futures strip.

November 20, 2009
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