Optimism has Key Energy Seeing Extended Drilling

The current upturn in oil and natural gas drilling is likely to be more prolonged than similar cycles in past years, a top executive of Key Energy Services Inc., a leading drilling and well services equipment company, told financial analysts and producers Tuesday.

April 18, 2001

Most Prices Up, But May Follow Screen Lower Today

Just as a couple of producers had predicted, the screen’s upturnMonday afternoon after being mildly negative earlier was enough togenerate a moderate cash rally Tuesday. Only the SouthernCalifornia border and Malin continued to head lower. Just as mostof Monday’s declines had been between 10 and 20 cents, the sameapproximate range applied to most of Tuesday’s rises.

March 14, 2001

Market Slide Comes to End With Modest Upturn

The moderate price slide that defined much of the cash marketsince late last week reached a plateau Tuesday as flat to slightlyhigher pricing dominated reports. The correlation of cash movementwith a tight-ranged screen was very high, sources said. A gradualwarming trend was just starting to be felt in the major marketareas of the Midwest and Northeast, they added, but it was lendingsupport to small price increases at citygates and in the Gulf Coastand Midcontinent regions.

June 23, 1999
1 2 3 Next ›