All publications by tag «GAS»
2017, April, 25, 18:40:00
NORD STREAM - 2 INVESTMENT
Nord Stream 2 AG signed financing agreements for the Nord Stream 2 pipeline project with ENGIE, OMV, Shell, Uniper and Wintershall.
2017, April, 25, 18:30:00
U.S. RIGS UP 10
U.S. Rig Count is up 426 rigs from last year's count of 431, with oil rigs up 345, gas rigs up 79, and miscellaneous rigs up 2.
Canadian Rig Count is up 59 rigs from last year's count of 40, with oil rigs up 21, gas rigs up 39, and miscellaneous rigs down 1.
2017, April, 21, 20:40:00
U.S. PETROLEUM DELIVERIES UP 0.2%
Total petroleum deliveries in March moved up 0.2 percent from March 2016 to average nearly 19.7 million barrels per day. These were the highest March deliveries in nine years, since 2008. For the first quarter of 2017, total domestic petroleum deliveries, a measure of U.S. petroleum demand, were up 0.4 percent compared with the first quarter of 2016 to average 19.5 million barrels per day. These were the highest first quarter deliveries since 2008. According to the U.S. Bureau of Labor Statistics (BLS) April 7, 2017 report, the U.S. added 98,000 jobs in March. In addition, the unemployment rate (4.5 percent) and the number of unemployed persons (7.2 million) were down from prior month and the prior year.
2017, April, 19, 17:55:00
U.S. OIL GAS PRODUCTION UP
The seven major onshore producing regions in the US are expected to collectively increase oil output by 124,000 b/d month-over-month in May to average 5.193 million b/d.
Gas production from the seven regions is forecast to gain 501 MMcfd month-over-month in May to 50.089 bcfd. The Permian is expected to rise 159 MMcfd to 8.135 bcfd, while the Eagle Ford is projected to increase 84 MMcfd to 5.936 bcfd.
2017, April, 14, 18:40:00
IEA: OIL MARKET BALANCE
It can be argued confidently that the market is already very close to balance, and as more data becomes available this will become clearer.
2017, April, 14, 18:30:00
U.S. RIGS UP 8
U.S. Rig Count is up 407 rigs from last year's count of 440, with oil rigs up 332, gas rigs up 73, and miscellaneous rigs up 2.
Canadian Rig Count is up 78 rigs from last year's count of 40, with oil rigs up 30 and gas rigs up 48.
2017, April, 12, 18:45:00
GAS PRICES FORECAST UP $0.15
For 2017, Henry Hub prices are projected to average $3.10/MMBtu, 7 cents above what was indicated in March. The forecast for 2018 stayed steady at $3.45/MMBtu.
2017, April, 10, 18:45:00
INDIA'S ENERGY TRANSFORMATION
Peak electricity demand has grown nearly 13% over the past two years as a growing middle class seeks new services, such as air conditioning, which continue to place higher demands on the system. Over the next 25 years, energy demand is expected to more than double as a result.
2017, April, 10, 18:35:00
U.S. DRILLING UP 35%
API announced today that estimated total wells drilled and completed in the first quarter of 2017 saw an increase of 35 percent compared to the first quarter of 2016. This is a drastic improvement from 2016 levels which saw a 59 percent decrease in total wells drilled and completed from the previous year.
2017, April, 10, 18:30:00
U.S. RIGS UP 15 AGAIN
U.S. Rig Count is up 396 rigs from last year's count of 443, with oil rigs up 318, gas rigs up 76, and miscellaneous rigs up 2.
Canadian Rig Count is up 91 rigs from last year's count of 41, with oil rigs up 34 and gas rigs up 57.