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Category: 360 Articles

EIA Report: June Dry Gas Production 70.2 Bcf/day, Consumption 58.2 Bcf/day

EIA Report: June Dry Gas Production 70.2 Bcf/day, Consumption 58.2 Bcf/day

The EIA released its August Natural Gas Monthly report, including production data through June as follows: Preliminary dry gas production for June 2014 of 2,106 billion cubic feet (Bcf) or 70.2 Bcf/day.  This is the fourth consecutive month where the Bcf/day dry production value set the record for the highest ever for any month. June’s 70.2 Bcf/day is a slight […]

District Judge Overturns Lafayette, Colo.’s Charter Amendment Banning All Oil and Gas Activity

District Judge Overturns Lafayette, Colo.’s Charter Amendment Banning All Oil and Gas Activity

In November, voters in the city of Lafayette, Colorado approved Ballot Measure 300, which banned all “oil and gas extraction and related activities” within the Lafayette city limits. Lafayette is at the western edge of the Wattenberg field in the Denver Julesburg Basin, where horizontal drilling into the Niobrara has taken off in the past three years. On Aug. 27, […]

Rail Deliveries of U.S. Oil Reach Highest Mark Since July 1986

Rail Deliveries of U.S. Oil Reach Highest Mark Since July 1986

Approximately 2/3 of Bakken crude moves by rail The amount of crude oil and refined petroleum products moved by U.S. railroads increased 9% during the first seven months of this year compared with the same period in 2013, the EIA said in a report today. “In July, monthly average carloadings of oil and petroleum products were near 16,000 carloads per […]

CNBC: WPX Energy New CEO Rick Muncrief from EnerCom in Denver

CNBC: WPX Energy New CEO Rick Muncrief from EnerCom in Denver

New WPX Energy President and CEO Rick Muncrief appeared on CNBC’s Mad Money with Jim Cramer from EnerCom’s The Oil & Gas Conference in Denver to detail near-term operational objectives and provide an update on his first 100 days as CEO. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as […]

CNBC: Range Resources Jeff Ventura on Marcellus Production Growth

CNBC: Range Resources Jeff Ventura on Marcellus Production Growth

The industry will celebrate the 10th Anniversary of the  first Marcellus well that was drilled by Range Resources back in October 2004. Jeff Ventura appeared on CNBC’s Mad Money with Jim Cramer to discuss near-term production growth objectives in the Marcellus. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as […]

CNBC: Denbury Resources CEO on CO2 EURs from EnerCom in Denver

CNBC: Denbury Resources CEO on CO2 EURs from EnerCom in Denver

Denbury Resources President and CEO Phil Rykhoek appeared on CNBC’s Mad Money from EnerCom’s The Oil & Gas Conference in Denver to discuss the company’s growth and income strategy.   Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information […]

CNBC: Energy XXI CEO on GOM Ops from EnerCom in Denver

CNBC: Energy XXI CEO on GOM Ops from EnerCom in Denver

Energy XXI Chairman and CEO John Schiller spoke with CNBC’s Mad Money about the recent EPL acquisition and the synergies created from the acquisition. Mr. Schiller details how the company plans to increase cash flow, reduce debt and grow production. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to […]

CNBC: Atlas Energy CEO on NatGas from EnerCom in Denver

CNBC: Atlas Energy CEO on NatGas from EnerCom in Denver

Atlas Energy CEO Ed Cohen appeared on CNBC’s Squawk Box from EnerCom’s The Oil & Gas Conference in Denver, Colorado, to discuss the current natural gas landscape and how “too much of a good thing” has supposed prices. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or […]

Horizontal Drillers Plowing Ahead in the Wattenberg

Horizontal Drillers Plowing Ahead in the Wattenberg

Energy Companies Discussed their Colorado Operations at EnerCom’s The Oil & Gas Conference 19® Weld County, Colorado, is home to the Wattenberg Field, where horizontal drilling and hydraulic fracturing and complex well completion techniques are creating Colorado’s shale boom. Operators are going after oil and gas trapped in layers of shale about 7,000 feet beneath Weld County’s rich farmland and […]

Sanchez Energy Analyst Day Recap: Production Estimated to Exceed 60 MBOEPD by Year-End 2014

Sanchez Energy Analyst Day Recap: Production Estimated to Exceed 60 MBOEPD by Year-End 2014

Sanchez Energy (ticker: SN) is an Eagle Ford-focused E&P that has built a sizeable footprint through acquisitions following its IPO in December 2011. Since going public, Sanchez has spent more than $1.1 billion to add approximately 163,400 acres in what has become one the second greatest play in the United States based on oil production volume. The EIA expects Eagle […]