The Supreme Court of Pennsylvania said oil and natural gas coming from shale wells drilled and hydraulically fractured are protected by the common “rule of capture,” but left open the Continue Reading
Weak natural gas prices amid abundant supply and a falling rig count across the United States will slow down U.S. natural gas production growth this year, and some basins will Continue Reading
New York — The US Energy Information Administration on Tuesday lowered by 35 cents to $2.27/MMBtu its first-quarter 2020 forecast for Henry Hub spot natural gas prices. Receive daily email Continue Reading
The largest natural gas driller in the United States just announced a massive write-down for its assets, offering more evidence that the shale sector faces fundamental problems with profitability. In Continue Reading
Permian Basin forward gas prices are testing new lows this month as the 2020 market outlook for available pipeline capacity exiting the West Texas basin continues to deteriorate. At market Continue Reading
Appalachian gas production last month registered its first monthly decline since May as producers in the dynamic US Northeast shale basin responded to low prices and growing pressure from the Continue Reading
Castleton Resources has acquired the East Texas and North Louisiana Haynesville shale assets of Shell’s subsidiary, BG US Production Company. Castleton Commodities International LLC’s subsidiary, Castleton Resources LLC (CR), has Continue Reading
Chevron surprised a number of people last week when it announced that it would take a non-cash, after-tax impairment charges of $10 billion to $11 billion in its fourth-quarter 2019 Continue Reading
There have been some signs the shale boom that re-energized America’s domestic energy industry a few years back, might be entering a maturing phase of its development. A phase where Continue Reading
As production from the US Northeast stalls and the active rig count declines in the region, the market could tighten significantly and help propel Henry Hub futures later this winter. Continue Reading
