Items Tagged with 'production'

ARTICLES

Pennsylvania Legislature Passes Bill Calling for Monthly Unconventional Production Reports

Lawmakers in both chambers of the Pennsylvania General Assembly have unanimously passed a bill requiring operators of unconventional oil and gas wells to report their production on a monthly basis, a similar practice in other major producing states. The bill is awaiting Gov. Tom Corbett's signature. Read More

Genscape Says Another Polar Vortex Won't Sap Supplies, Spike Prices

The upcoming winter season in the Lower 48 is expected to be warmer than the last one, but even if the polar vortex returns for a sequel, many factors would likely... Read More

LNG First-Mover Algeria Seeking to Grow Exports

It was 50 years ago this month that the Methane Princess delivered the world's first commercial liquefied natural gas (LNG) cargo from Algeria to the United Kingdom. Much has changed since, and notably, Algeria could see its profile as an LNG supplier grow while European consumers increasingly turn to the fuel as an alternative to pipeline gas from Russia. Read More

North Dakota Officials Eye Oil Price Declines; Fear Rig Cutback

Bakken sweet crude oil on Wednesday was fetching $66.25/bbl, prompting North Dakota's chief oil/natural gas regulator to spend most of his time during a monthly production webinar lamenting the possibility of future slowed production in the state's otherwise uninterrupted oil boom. Read More

Weather, Completions Gave SM Energy 3Q Production Pains

Implementation of its enhanced completion program in the Eagle Ford Shale and weather-related delays in the Williston Basin caused SM Energy Co. to turn in disappointing third quarter production results. Read More

Gas Glut Dissected by Variety of Forum Speakers in West

With varying degrees of bullishness, industry leaders, analysts and government representatives last Tuesday deconstructed the U.S. natural gas bonanza that seems to be the gift that keeps on giving, but not without various strings attached. Read More

EIA Projects Milder Temps, Lower Heating Bills This Winter

U.S. households should expect lower heating bills this winter compared to last, thanks in large part to less severe temperatures, but also due to lower natural gas spot prices and significantly higher winter gas production, according to the U.S. Energy Information Administration (EIA). Read More

Shale-Rich 'Other States' Pushed Domestic NatGas Production Higher in July, EIA Says

U.S. natural gas production was 2.65 Tcf in July, up 3.7% compared with 2.55 Tcf in July 2013, and total production through the first seven months of 2014 was 18.26 Tcf, up almost 5% compared to the same period last year, thanks in large part to the nation's shale plays, according to the Energy Information Administration (EIA). Read More

Marcellus Is King, But Other Formations Also Boosting PA Production

In a wide-ranging analysis of 1H2014 state production data, the Pennsylvania State University Marcellus Center for Outreach and Research demonstrated how... Read More

Huge Benefits Projected for East Coast States With Atlantic OCS Drilling

Offshore oil and natural gas drilling in two offshore areas along the Atlantic seaboard could add $10.8 billion to $60 billion in value, and $2.1 billion to $11.6 billion in additional tax revenue for states along the East Coast, according to a report released Wednesday and funded by several right-leaning organizations. Read More

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