The worst may be over for the oil market as drilling activity begins to inch up across the United States, but the bullish narrative is bearish for natural gas prices as associated volumes begin to grow, according to energy analysts.
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U.S. Proppant Market Showing ‘Signs of Improvement,’ Says Fairmount CEO
Fairmount Santrol, which provides sand used in hydraulic fracturing operations, said its proppant operations remained challenged in the second quarter, hampered by a substantial sequential decrease in U.S. rig activity. However, market conditions are improving, the company’s CEO said.
New Eagle Ford Wells Help Noble Set Quarterly Sales Record in 2Q2016
Noble Energy Inc. said new wells targeting the Eagle Ford Shale helped boost expected sales volumes for 2Q2016 to approximately 425,000 boe/d, a new quarterly record for the Houston-based super independent.
Noble Energy Raises Output Forecast by 4% as DJ, Permian Performance Jumps
Houston-based Noble Energy Inc. during the first three months of this year delivered cost reductions across the board, while its U.S. natural gas-rich production, led by the Denver-Julesburg (DJ) and Permian basins, outperformed.
Noble Energy Raises Output Forecast by 4% as DJ, Permian Performance Jumps
Houston-based Noble Energy Inc. during the first three months of this year delivered cost reductions across the board, while its U.S. natural gas-rich production, led by the Denver-Julesburg (DJ) and Permian basins, outperformed.
Anadarko CEO Says ‘Things Feel Better Today’ Than Three Months Ago
Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.
Anadarko CEO Says ‘Things Feel Better Today’ Than Three Months Ago
Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.
MPLX ‘Encouraged’ by Gathering, Processing Growth in Marcellus/Utica
MPLX LP said Thursday they are “very encouraged” by growth in the company’s gathering and processing segment, especially in support of the Marcellus and Utica shales. But the master limited partnership (MLP) again cut capital spending (capex) for 2016 as it delays gathering and processing projects.
MPLX ‘Encouraged’ by Gathering, Processing Growth in Marcellus/Utica
MPLX LP said Thursday they are “very encouraged” by growth in the company’s gathering and processing segment, especially in support of the Marcellus and Utica shales. But the master limited partnership (MLP) again cut capital spending (capex) for 2016 as it delays gathering and processing projects.
Enterprise’s Teague: ‘Fundamentals Point’ to Higher Prices
Houston-based Enterprise Products Partners LP reported first quarter results in line with analyst expectations while management on Thursday expressed a bullish view on prices underpinned by strengthening fundamentals in the hydrocarbons complex.