Upswing

Continental Resources Inc. has successfully completed its second natural gas well in the Anadarko Woodford play, while the company’s production total continued to rise during 4Q2011.

It is becoming impossible to ignore the Bakken Shale in North Dakota as an oil play that may be at the center of a domestic upswing in U.S. production, according to a report released Wednesday by the Washington, DC-based Energy Policy Research Foundation Inc. (EPRINC).

Well completions are on an upswing from levels of last year, with activity targeting oil rather than natural gas charting the largest gains, according to the American Petroleum Institute (API).

The timing and magnitude of the U.S. Gulf of Mexico (GOM) drilling recovery will be more “asset-specific” than any cyclical offshore drilling upswing in decades, the energy team at Raymond James & Associates said last week.

The timing and magnitude of the U.S. Gulf of Mexico (GOM) drilling recovery will be more “asset-specific” than any cyclical offshore drilling upswing in decades, the energy team at Raymond James & Associates said Monday.

Contract drilling in the United States was on the upswing in the second quarter as Patterson-UTI Energy Inc. credited its improved results compared to a year ago to more business in Appalachia as well as in West and South Texas. Helmerich & Payne also reported increased income from U.S. land operations.

With predictions for a 10-year low in water levels, Pacific Northwest energy planners said earlier in April they are looking at an upswing in natural gas use for electric generation in the opening months of the summer. The Northwest River Forecast Center’s latest outlook released earlier in April underscored this prospect.

With predictions for a 10-year low in water levels, Pacific Northwest energy planners are looking at an upswing in natural gas use for electric generation in the opening months of the summer. The Northwest River Forecast Center’s latest outlook released earlier in April underscored this prospect.

With predictions for a 10-year low in water levels, Pacific Northwest energy planners are looking at an upswing in natural gas use for electric generation in the opening months of the summer. The Northwest River Forecast Center’s latest outlook released earlier in April underscored this prospect.