Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-04-15 21:10:00

U.S. GAS DOWN

U.S. GAS DOWN

 

USA SHALE GAS BASINS MAP

 

Natural gas production from America's biggest shale formations is poised to slide by the most in three years as tumbling crude oil prices force the nation's energy explorers to cut back on drilling for both fuels.

Gas output from the top seven shale deposits will fall by 1.1 percent to 45.93 billion cubic feet a day from April, the biggest percentage decline since March 2013. The retreat is led by the oil-rich Eagle Ford deposit in Texas and the Niobrara shale in Colorado and neighboring states, where gas is pumped as a byproduct of crude extraction.

After five years of record natural gas production, bullish traders are seeking signs that output is declining enough to boost prices from 1990s-era lows. Without a pullback in supply, the biggest gas stockpile glut in four years will expand, leaving inventories at risk of testing physical storage limits in the fall.

Production declines have accelerated each month this year as the plunge in oil and natural gas prices forces companies to reduce the number of drilling rigs to historic lows. So-called associated gas output from oil basins is dropping faster than supplies from the Marcellus, America's biggest shale gas reservoir.

"The gas industry is ebbing and flowing with what we are seeing in the oil markets right now," said Stephen Schork, president of the Schork Group Inc., a consulting company in Villanova, Pennsylvania. "Associated production is beginning to suffer with what we are seeing in the Eagle Ford."

Natural gas for May delivery fell 7.8 cents, or 3.9 percent, to settle at $1.912 per million British thermal units on Monday on the New York Mercantile Exchange. The futures are down 18 percent this year.

boereport.com

-----

More: 

U.S. OIL DOWN 114,000 

U.S. SHALE PRESSURE 

U.S. RIGS DOWN 7 

POORLY CONCEIVED U.S. 

U.S. GOOD PRICE - 2

 

Tags: USA, SHALE, OIL, GAS, PRODUCTION

Chronicle:

U.S. GAS DOWN
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

U.S. GAS DOWN
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

U.S. GAS DOWN
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

U.S. GAS DOWN
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

All Publications »