Articles by Carolyn Davis

$150B-Plus of Upstream Projects Face Wipeout on Low Oil Prices, Says Analyst

Final investment decisions for $150 billion worth of projects, including in Canada, Alaska and the Gulf of Mexico... Read More

Buckyballs Throwing New Curve Into Capturing CO2 From NatGas Wells

Rice University scientists are on to an environmentally friendly carbon-capture method that may be equally adept at drawing carbon dioxide (CO2) emissions from natural gas wells and industrial flue gases. Read More

Sharp Decline Forecast For Horizontal Drilling, Frack Demand Due to Falling Oil Prices

Service providers and equipment manufacturers haven't seen a big market change yet on lower oil prices, but it's coming, and with it, a much lower forecast for North American horizontal drilling and hydraulic fracturing (fracking) in 2015, PacWest Consulting Partners LLC said Thursday. Read More

Big Four Shale Gas Plays Show Decline -- Not Plateau -- After 2020, Say University of Texas Researchers

The U.S. Energy Information Administration (EIA) and a bevy of independent analysts have predicted domestic natural gas production will climb rapidly over the long-term because of booming unconventional gas growth. However, the University of Texas at Austin (UT) is predicting production from the biggest shale gas plays -- Marcellus, Barnett, Fayetteville and Haynesville -- will peak by 2020 and decline thereafter. Read More

Chevron’s Jack/St. Malo Project Underway in Lower Tertiary

Natural gas and oil production has started up from the Jack/St. Malo fields from one of the largest production facilities ever designed for the deepwater Gulf of Mexico (GOM), with total production by 2020 forecast to reach 21 MMcf/d of natural gas and 94,000 b/d of crude oil. Read More

Constitution OK'd to Begin Construction; In Service as Soon as Late 2015, Early 2016

Constitution Pipeline, designed to carry natural gas from Pennsylvania's Marcellus Shale to New York and New England markets, has been given the green light by FERC to begin construction. Read More

Spending by Independents Drops in 2013 on Depressed NatGas Prices

Exploration and development (E&D) spending by independents worldwide dropped by 14% in 2013 from 2012 as depressed natural gas prices in North America took a toll on cash flows and spending ability, an annual survey by EY found. Read More

Southwestern Grabs More Marcellus Acreage in Deal With WPX

Southwestern Energy Co. is gobbling up more acreage in the Marcellus Shale in a $300 million agreement with WPX Energy Inc... Read More

People

E&P Execs More Focused on Capital Discipline, Less on M&A, Says Survey

An increased focus on capital returns, uncertainty over global commodity prices and rising geopolitical risks have dampened enthusiasm among exploration and production (E&P) executives worldwide, a survey has found. Read More