January natural gas is expected to open unchanged Friday morning at $2.18 as traders see a market precariously holding on to current price levels. Overnight oil markets rose.
Weeks
Articles from Weeks
Cold Outlook Holding On; March Seen 3 Cents Higher
March natural gas is expected to open 3 cents higher Thursday morning at $2.86 as overnight weather forecasts edged colder and traders look beyond this week’s expected release of modest gas usage figures. Overnight oil markets fell hard.
Cold On The Way? January Seen 2 Cents Higher
January natural gas is set to open 2 cents higher Thursday morning at $3.73 as traders brace for what looks to be the first in a series of lean storage withdrawal reports, yet forecasters see a hint of cold by the end of the month. Overnight oil markets eased.
Analyst Viewing Deficit Turning to Surplus; November Seen 3 Cents Lower
November natural gas is set to open 3 cents lower Wednesday morning at $3.68 as weather forecasts remain stubbornly locked in moderate mode and the technical environment continues to deteriorate. Overnight oil markets rose.
Cash Prices Mixed; Futures On Sub-$3 Seasonal Path
Natural gas prices for Wednesday physical delivery overall averaged a penny lower Tuesday despite some significant individual point gains in the Marcellus Shale. Elsewhere, most gains and losses were more or less equally dispersed, with most points trading a nickel on either side of unchanged.
E&P NatGas Market Insight Expected in 2Qs
North American exploration and production (E&P) companies will begin to unveil their second quarter results over the coming weeks, and while there aren’t expected to be any big surprises, analysts are hoping for details on natural gas market fundamentals — particularly in the Marcellus Shale — along with insight into emerging plays and more information on ethane rejection in natural gas liquids (NGL) plays.
Analysts Watch E&P 2Qs for Clues to Basin Potentials, Prices
North American exploration and production (E&P) companies will, over the next few weeks, unveil their earnings and operations results for the second quarter, but analysts aren’t expecting any big upside surprises. Instead, they hope for details on Marcellus Shale pricing, emerging sweet spots in the Utica Shale and details about wells in several big onshore basins.
Questions on Chesapeake Lease Transfer Near Ohio Storage Field
Chesapeake Energy Corp. transferred nearly 1,100 oil and natural gas leases in and around an underground natural gas storage field in Columbiana County, OH, to Hilcorp Energy Co. in February.
Robotics Taking E&P to Earth’s Final Frontiers
Energy technology breakthroughs introduced in recent weeks are offering a peek at the future of the oil and gas industry, which is less H.G. Wells and more J.J. Abrams.
Robotics, ROVs Taking E&P to Earth’s Final Frontiers
Energy technology breakthroughs introduced in recent weeks are offering a peek at the future of the oil and gas industry, which is less H.G. Wells and more J.J. Abrams.