Sunday, July 27, 2025
Fracing

Natural Gas: Growing Infrastructure Shrinks Marcellus-Henry Hub Price Gap

The spread between natural gas prices at Henry Hub and in the North East are narrowing as infrastructure increases, according to information from the Energy Information Administration. Henry Hub in Louisiana acts as the main trading point for natural gas in the U.S., but natural gas from the Utica shale plays in Pennsylvania, West Virginia, and Ohio constantly trade lower

Athabasca Oil Announces C$475 Million (Net) Light Oil Joint Venture With Murphy Oil and Exceeds 2015 Corporate Exit Guidance

Athabasca Oil Corporation (ATH.TO) (“Athabasca” or “the Company”) announces that it has entered into an agreement with Murphy Oil Company Ltd. (Canadian subsidiary to Murphy Oil Corporation, “Murphy”) to form a strategic joint venture (the “transaction”) to develop the Duvernay and Montney in the Kaybob area. Transaction highlights: Greater Kaybob Assets. Athabasca is selling a 70% working interest in production,

Enbridge Acquires Montney Natural Gas Assets from Murphy Oil Corp.

Enbridge Inc. (ENB) (ENB) (the “Company”) today announced the $538 million acquisition of Tupper Main and Tupper West gas plants and associated pipelines in northeastern B.C., from the Canadian subsidiary of Murphy Oil Corporation (Murphy) (MUR). “This acquisition fits extremely well with Enbridge’s low risk value proposition and supports our key priority of extending and diversifying growth,” said C. Gregory

Antero Resources Announces 4% Increase in Proved Reserves to 13.2 Tcfe

Antero Resources (AR) (“Antero” or the “Company”) today announced reserves as of December 31, 2015. Announcement Highlights: Proved reserves increased by 4% to 13.2 Tcfe at year-end 2015 Proved developed reserves increased by 54% to 5.8 Tcfe at year-end 2015 Replaced 425% of net production in 2015 All-in finding and development cost for proved reserve additions from all sources was

Pipeline

KLR Group Sees Markets Rebalancing in 2017

OPEC production expected to stabilize A recent analyst note from KLR Group indicated that oil and gas markets could balance in 2017 as OPEC production begins to stabilize and U.S. production rolls off. Saudi Arabia’s oil production is expected to stay at about 10.4 MMBOPD, while Iran gradually ramps up production and Iraq’s output moderates. The crash in oil prices