This week’s Baker Hughes rig count shows that U.S. had a decrease of 64 over last week, resulting in a total count of 664 rigs. Canada had a decrease of 13 over last week, resulting in a total Canadian count …
Wednesday’s Chapter 11 bankruptcy filing for Colorado-based Whiting Petroleum is a grim omen of things to come, experts say, as oil prices face historic collapse amid the coronavirus crisis and the Saudi-Russia oil price war.
The company is the …
The EIA has released its natural gas inventory report, showing a net decrease of 19 Bcf as of March 27, 2020.
Working gas in storage was 1,986 Bcf as of Friday, March …
MIDLAND, Texas, March 31, 2020 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ: VNOM) (“Viper” or the “Company”) today provided an update to its oil hedge position for the remainder of 2020. The Company has now hedged the majority of …
This week’s Baker Hughes rig count shows that U.S. had a decrease of 44 over last week, resulting in a total count of 728 rigs. Canada had a decrease of 44 over last week, resulting in a total Canadian count …
San Diego MTS expands sustainable transit with 26 more buses from New Flyer
…The EIA has released its natural gas inventory report, showing a net decrease of 29 Bcf as of March 20, 2020.
Working gas in storage was 2,005 Bcf as of Friday, March …
European natural gas storage inventories as of March 1, 2020, were 60% full—the highest ever recorded level for the start of March, according to Gas Storage Europe’s Aggregated Gas Storage Inventory (AGSI+). European stock levels for both January and …
This week’s Baker Hughes rig count shows that U.S. had an decrease of 20 over last week, resulting in a total count of 772 rigs. Canada had a decrease of 77 over last week, resulting in a total Canadian count …
The EIA has released its natural gas inventory report, showing a net decrease of 9 Bcf as of March 13, 2020.
Working gas in storage was 2,034 Bcf as of Friday, March …
SINGAPORE / ACCESSWIRE / March 19, 2020 / Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) (“Jadestone” or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, provides an update on its 2020 capital expenditure guidance.
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“The uncertainty caused by the COVID-19 pandemic and recent market volatility has significantly changed our growth plans for the year. As stewards of capital, the current environment requires that we take a more defensive position to maintain balance sheet strength …
Goodrich Petroleum Corporation (NYSE American: GDP) today announced it has lowered its 2020 preliminary capital expenditure budget by $15 million to $40 – $50 million, which is expected to generate free cash flow of an estimated $15 – $25 million…
Philippines-based Udenna Corporation has completed the acquisition of Chevron’s interest in Service Contract 38 in the Philippines, also known as the Malampaya natural gas project.
Udenna’s subsidiary, UC Malampaya Philippines Pte Ltd., in October 2019 signed a …
This week’s Baker Hughes rig count shows that U.S. had an decrease of 1 over last week, resulting in a total count of 792 rigs. Canada had a decrease of 27 over last week, resulting in a total Canadian count …
“The Company has extensive commodity contracts in place for 2020 which significantly protects the operating cash flow from our existing wells from market price fluctuations during the year. We have commodity contracts in place for over 75% of our existing …
Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “We operate 29 of our 31 blocks and over 95% of our producing assets and therefore have significant control over capital allocation and timing. As a result of current …
Financial derivatives linked to liquefied natural gas are mushrooming as a market crash and a boom in physical trading creates an appetite to manage risk and provides opportunity to speculate on prices.
The growth is helping speed up …
FORT WORTH, Texas: Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, “Lonestar,” “our” or the “Company”) announced that it has entered into a series of hedge transactions which considerably enhance the certainty around crude …
The EIA has released its natural gas inventory report, showing a net decrease of 48 Bcf as of March 6, 2020.
Working gas in storage was 2,043 Bcf as of Friday, March …
The collapse of U.S. oil prices earlier this week and a rise in natural gas futures cut the oil-to-gas ratio to its lowest since January 2019, as some analysts saw a silver lining in the oil price drop for …
Oil & Gas Publishers Note: Excellent piece by Ron Miller about importing liquefied natural gas from Russia into the New England area, rather than using resources from the United States.
Boston is importing liquefied natural gas from Russia, …
MIDLAND, Texas, March 09, 2020 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today provided an operational update given recent commodity price volatility. Diamondback is reducing activity immediately from nine completion crews …
As the collapse of OPEC+ talks on production cuts sent energy stocks into a tailspin, one corner of the industry defied the rout: U.S. natural gas drillers.
Shares of gas producers including Cabot Oil & Gas Corp., Southwestern …
Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region during the next several years. According to the U.S. Energy Administration’s (EIA) tracking of natural gas pipeline projects…
This week’s Baker Hughes rig count shows that U.S. had an increase of 3 over last week, resulting in a total count of 793 rigs. Canada had a decrease of 37 over last week, resulting in a total Canadian count …
Hopes that Canada could turn into a gas export powerhouse seem to be waning fast.
The current climate for energy investments in the country and the global market for liquefied natural gas are a far cry from October …
The EIA has released its natural gas inventory report, showing a net decrease of 109 Bcf as of February 28, 2020.
Working gas in storage was 2,091 Bcf as of Friday, February …
This week’s Baker Hughes rig count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 790 rigs. Canada had a decrease of 4 over last week, resulting in a total Canadian count …
Houston-based Telluraian, along with its $28 billion export project, has been rattled by the attempts of a potential major customer in India to probe the market for competing supplies, highlighting mounting pressure on sellers amid a global glut …
