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Gas

Gas
2015, June, 14, 17:30:00

U.S. RIGS DOWN 9

U.S. Rig Count is down 9 rigs from last week to 859, with oil rigs down 7 to 635, gas rigs down 1 to 221, and miscellaneous rigs down 1 to 3. U.S. Rig Count is down 995 rigs from last year at 1854, with oil rigs down 907, gas rigs down 89, and miscellaneous rigs up 1. The U.S. Offshore rig count is 29, up 2 rigs from last week, and down 30 rigs year over year.

Gas
2015, June, 14, 17:25:00

NORWAY INVESTMENTS: NOK 184.8 BLN

According to Statistics Norway, total investments in oil and gas activity in 2016 should be NOK 184.9 billion, which is 1.4% higher than the corresponding estimate for 2015.

Gas
2015, June, 14, 17:20:00

IRAN NEEDS $100 BLN

Iran needs $100 billion to rebuild its gas industry and has met with European energy giants as an end to decades of international sanctions looms, according to the state-run company in charge of discussions.

Gas
2015, June, 12, 20:45:00

RUSSIA & NETHERLANDS GAS DOWN

Global trade of natural gas via pipelines fell the most on record last year as Russia halted exports to Ukraine and shipments declined from the Netherlands, the European Union’s biggest producer, according to BP.

Gas
2015, June, 12, 20:40:00

STATOIL FINDS GAS

A consortium led by Norway’s Statoil discovered a gas pay zone at wildcat well 6706/11-2 in the Gymir prospect in the Norwegian Sea. The well was drilled about 12 miles west of the Aasta Hansteen field to prove petroleum in Upper Cretaceous reservoir rocks, in the Nise formation.

Gas
2015, June, 11, 19:00:00

BP: WORLD ENERGY - 2015

The most significant development on the supply side in 2014 was undoubtedly the continuing revolution in US shale. The US recorded the largest increase in oil production in the world, becoming the first country ever to increase average annual production by at least 1 million barrels per day for three consecutive years.

Gas
2015, June, 9, 19:25:00

EUROPE GAS DEFICIT: 50 BLN TO 2025

Europe may face deficit of gas imports of a total of 50 bln cubic meters in 2025, Gazprom Deputy Chairman Alexander Medvedev said Monday.

Gas
2015, June, 9, 19:20:00

NOVATEK & SHELL CONTRACT

OAO Novatek announced Thursday that Novatek Gas & Power, a wholly owned trading subsidiary of Novatek, has signed a long-term contract with Shell International Trading Middle East for the supply of LNG from the Yamal LNG project.

Gas
2015, June, 8, 19:00:00

EU GAS IS WORSE

Not quite as severe as in the UK, he says the trend is similar in the Netherlands, considering the decline in Groningen and the curtail in production: “Moving from a net exporter of gas to a net importer of gas.” The situation across the entire EU, according to Mr. Egan, is even worse, with the European Union importing 80% of its gas, forecast to get even worse.

Gas
2015, June, 8, 18:55:00

EU HAS WIDENED

The European Union last October reached an outline deal on three 2030 targets to cut emissions by at least 40 percent versus 1990, improve energy savings to at least 27 percent and to increase the share of renewable energy to 27 percent.

Gas
2015, June, 8, 18:50:00

POLISH DREAM MURDER

ConocoPhillips announced that is was withdrawing from shale gas exploration in Poland.

Gas
2015, June, 7, 19:25:00

ULTRA-DEEP GROWTH: $378 BLN

Oil & gas output from ultra-deepwater (>1,000m water depth) fields will continue the relentless growth seen in recent years. In the latest World Drilling & Production Forecast, Douglas-Westwood predict combined oil & gas production from such fields will grow 7.7% year-on-year over 2015-2021 from 6.5 mboe/d to 10.2 mboe/d.

Gas
2015, June, 7, 19:15:00

U.S. RIGS DOWN 7

U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down 3 to 222, and miscellaneous rigs unchanged at 4.

Gas
2015, June, 5, 19:00:00

U.S.: MORE EFFICIENT 65%

Compared with 2014, IHS expects investment capital in US shale oil plays to be 65% more efficient at the start of 2016 than the start of 2015 due to compounding productivity and cost cuts

Gas
2015, June, 5, 18:55:00

TEXAS OIL & GAS DOWN 40%

The outlook in the U.S. Texas oil and gas sector remains negative as most companies expect low capital spending in 2016, the Dallas Federal Reserve said.

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