NGI The Weekly Gas Market Report

ARTICLES

NatGas Cash Takes Double-Digit Drubbing; Futures Clock 11-Month Low

Futures prices may have taken a hit from an uninspired weekly Energy Information Administration storage report Thursday, while physical market trading for Friday delivery took no prisoners and left only a handful of points in the plus column. Read More

Oxy Puts More Emphasis on Permian as California Splits Off

Reporting lower year-over-year 3Q2014 profits tied to lower oil prices and higher costs, Occidental Petroleum Corp. senior executives expressed bullishness Thursday... Read More

Customer Demand Drives Patterson-UTI Focus on High-Tech Rigs, HP

Patterson-UTI Energy Inc. (PTEN) expects to have an estimated 27% more in onshore horsepower capacity for its pressure pumping fleet services by the middle of 2015 as customers push for more intense hydraulic fracturing (frack) services, executives said Thursday. Read More

More Models for CNG Fueling Technology Take Shape

Natural gas vehicle (NGV) start-up GSD Systems is working on compressed natural gas (CNG) architecture for pressure vessels that would allow 20% more fuel to be stored in a back-of-the-cab structure on heavy-duty truck cabs. Read More

Natural Gas to Surpass Coal as PJM's Top Source Fuel in May

The head of PJM Interconnection, the regional transmission organization responsible for moving electricity over most of the Mid-Atlantic and parts of the Midwest, said natural gas is on pace to surpass coal as its primary source fuel by May 2015. Read More

Subsea Technology Backlog Highest in Four Years, Says FMC

Subsea demand is strong and getting stronger, with a backlog for orders at the highest level in more than four years for Houston's FMC Technologies Inc., the company reported Wednesday. Read More

Alaska Awards Leases on Disputed Acreage

Alaska has awarded two Beaufort Sea leases that had been pending since 2011 based on the state's belief that it -- and not the federal government -- controls 3,000 acres of tidal and submerged lands along the Beaufort coastline. Read More

Nabors Says 'Rapidly Expanding Population' of Long-Length Horizontals Signals Stronger U.S. Market

Unconventional drilling in the U.S. onshore boosted Nabors Industries Ltd. quarterly revenues to their highest level in more than two years, as customers sought better technology to finesse their wells. Read More

California’s Energy Outlook Mixed, Say Industry, Legislators

With carbon emissions and well stimulation now regulated by the state, and with new water rules and energy taxes possible next year, oil and natural gas industry representatives expressed mixed feelings Tuesday about the future of their business at Oil and Gas Awards’ West Coast Energy Summit in Bakersfield, CA. Read More

British Columbia Cuts LNG Export Taxes, Adds Corporate Incentives

The British Columbia (BC) government chopped its liquefied natural gas export tax in half Tuesday and added corporate tax cuts as lure to build tanker terminals on Canada's Pacific coast. Read More

DOCUMENTS AND FILES

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