Window

Cash prices weakened across most points Friday as traders attempted to navigate the tricky three-day trading window with lower weekend demand followed by a higher demand start to the week.

Despite numerous proposed power generation projects, California faces a seven-year window (2017-2024) in which an adequate amount of natural gas-fired power is uncertain without costly upgrades to an aging fleet of coastal facilities, according to a long-term strategic plan by the California Independent System Operator (CAISO).

Despite numerous proposed power generation projects, California faces a seven-year window (2017-2024) in which adequate amounts of natural gas-fired power is uncertain without costly upgrades to an aging fleet of coastal facilities, according to a long-term strategic plan by the California Independent System Operator (CAISO).

The Eagle Ford Shale, where oil and natural gas development began in earnest less than three years ago, is making a big economic footprint in the 24-county South Texas area where it lies, according to researchers at the University of Texas at San Antonio (UTSA).

Shale player Magnum Hunter Resources Corp. grew its total proved reserves by 116% last year, and the value of reserves grew 171% from the year-ago period, the Houston-based company said Tuesday. And there will be more growth like that this year if the company’s CEO is correct.

Rosetta Resources Inc. will spend about 90% of its 2011 capital budget of $360 million on the liquids-rich window of the Eagle Ford Shale in South Texas, the Houston-based independent said. Spending will be funded from cash flow and planned asset sales in the Denver-Julesburg Basin and California.

Rosetta Resources Inc. will spend about 90% of its 2011 capital budget of $360 million on the liquids-rich window of the Eagle Ford Shale in South Texas, the Houston-based independent said. Spending will be funded from cash flow and planned asset sales in the Denver-Julesburg Basin and California.

Houston-based Savoy Energy Corp. said it has completed a 300-acre lease acquisition in Central Texas within the “oil window” of the Eagle Ford Shale formation.

FERC last Thursday issued a package of reforms that offer regulated companies a window into the agency’s enforcement process, as well as provide potentially targeted companies with more rights in the enforcement process.