| 1. Analysts See Lower U.S. Gas Prices Long Term |
|
from Natural Gas Intelligence Jun 1, 2009
Emerging unconventional resources, especially from shale, could result in lower-than-expected natural gas prices for the next five to 10 years, a Barclays Capital analyst said last week.( more )
|
| 2. Kinder Bullish on Shale Gas, Midstream Opportunities |
|
from Natural Gas Intelligence Jun 8, 2009
Rich Kinder, who helms one of the largest pipeline transportation and energy storage companies in North America, agrees with a host of energy pundits that North America's extraordinary shale discoveries have pressured U.S. gas prices and contributed to near-capacity storage levels. However, to the savvy business leader, the new shale supplies are "sort of like nirvana."( more )
|
| 3. Raymond James: 2009 Gas Market 'Hosed,' 2010 Rally 'At Serious Risk' |
|
from Natural Gas Intelligence Jun 15, 2009
Even with an anticipated 70% cut to the U.S. natural gas rig count and an increasing number of uncompleted wells and summer shut-ins, domestic supply won't fall fast enough to solve the overcapacity problem this year, analysts with Raymond James & Associates Inc. said last week.( more )
|
| 4. U.S. Gas Reserves Estimated to Last 100 Years |
|
from Natural Gas Intelligence Jun 22, 2009
U.S. natural gas available for production has jumped 58% in the past four years, driven by improved drilling techniques and the discovery of huge shale fields in Texas, Louisiana, Arkansas and Pennsylvania, according to a report issued Thursday by the nonprofit Potential Gas Committee (PGC).( more )
|
| 5. EnCana: Shale to Lift British Columbia Gas Profile |
|
from Natural Gas Intelligence Jun 8, 2009
British Columbia (BC) will grow to match Alberta -- and possibly surpass it -- as Canada's prime supply source as development of shale deposits accelerates, the nation's biggest natural gas producer predicts.( more )
|
| 6. Analyst: '$8-10 World' In the Past |
|
from Natural Gas Intelligence Jun 8, 2009
Judging by recent exploration and production (E&P) company behavior, some in the energy patch are in denial that low gas prices will be around for a while, Becca Followill, managing director at Tudor, Pickering Holt & Co. Securities Inc., told an industry audience in Houston last Thursday.( more )
|
| 7. Gas Marketing Flat in 1Q2009; Signs of Upturn Elusive |
|
from Natural Gas Intelligence Jun 15, 2009
Some companies saw substantial growth and others saw their numbers fall, but the total volume of natural gas sold in North America in 1Q2009 remained basically flat, falling less than 0.5 Bcf/d from the same period last year, according to NGI's 1Q2009 Top North American Gas Marketers Ranking.( more )
|
| 8. Natural Gas 'Renaissance' Overlooked, Says ConocoPhillips CEO |
|
from Natural Gas Intelligence Jun 22, 2009
A natural gas "renaissance" is under way, but the federal government appears not to have noticed, ConocoPhillips CEO Jim Mulva said last week.( more )
|
| 9. EnCana Shuts in Gas Wells on Low Prices |
|
from Natural Gas Intelligence Jun 22, 2009
Because of low natural gas prices EnCana Corp. has shut in some wells in both the United States and Canada that produce "a couple of hundred million cubic feet a day," CEO Randy Eresman said last week.( more )
|
| 10. Upstream Costs Fall, but Further Plunge Expected |
|
from Natural Gas Intelligence Jun 8, 2009
The costs to build and operate upstream facilities have plunged over the past six months, but they still have further to fall, according to IHS Cambridge Energy Research Associates (IHS CERA).( more )
|
