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08/11/2017 Natural Gas: News Stories

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U.S. shale output poised to keep rising despite investor concerns | Reuters

...... of active U.S. drilling rigs also has slid in the past three weeks, prompting concerns that overall production growth could stall. Pioneer executives said that greater-than-expected natural gas volumes compensated for the lower-than-forecast oil production last quarter. Gas is produced alongside oil in wells. The older a well gets, the greater the percentage of gas it produces. But in ......

(585 words by reuters.com)
(08/11/2017)

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2 Articles

Arctic Ocean thaw helps Russian shipping as old ice blows west | Reuters

...... the oldest and thickest sea ice towards North America, further opening a remote region that is thawing amid global warming, scientists say. The thinning Russian ice could help liquefied natural gas (LNG) tankers, due to start exports from Russia's Yamal Peninsula in late 2017, to navigate an icy route east to Asia for more than a planned six months of the year, they said. Almost all ......

(622 words by reuters.com)
(08/11/2017)
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Special Report: Vladimir's Venezuela - Leveraging loans to Caracas, Moscow snaps up oil assets | Reuters

...... last month, Rosneft would swap its collateral on 49.9 percent of Citgo [PDVSAC.UL] - the Venezuelan owned, U.S.-based refiner - for stakes in three additional PDVSA oil fields, two natural gas fields and a lucrative fuel supply contract, according to two sources with knowledge of the negotiations. Under the proposal, Rosneft would also take increased management control over all the ......

(2362 words by reuters.com)
(08/11/2017)
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U.S. drillers add oil rigs for second week in three: Baker Hughes | Reuters

...... 2017 spending increase followed an estimated 48 percent decline in 2016 and a 34 percent decline in 2015, Cowen said. Cowen said it expects the total U.S. count, including both oil and natural gas rigs, to decline through 2017 and 2018. Most wells produce both oil and gas. The current U.S. oil and gas rig count is 949, according to Baker Hughes. That compares with an average of 509 in 2016 ......

(322 words by reuters.com)
(08/11/2017)
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Poverty, land rights feature at film festival in Indonesia's Papua | Reuters

...... and determining its own future and contributing to ending the injustice in the land of Papua". Papua is one of the poorest regions in Indonesia despite being rich in resources like natural gas, copper and gold. It has suffered an often violent separatist conflict since it was incorporated into Indonesia after a widely criticised U.N.-backed referendum in 1969. Dutch colonial rule ended ......

(415 words by reuters.com)
(08/11/2017)
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Nuverra Completes Successful Restructuring And Emerges From Chapter 11 With Over $70 Million In New Financing And Debt Level Reduced By Over $500 Million - MarketWatch

...... largest companies in the United States dedicated to providing comprehensive, full-cycle environmental solutions to customers focused on the development and ongoing production of oil and natural gas from shale formations. Our strategy is to provide one-stop, total environmental solutions and wellsite logistics management, including delivery, collection, treatment, recycling, and disposal of ......

(1386 words by marketwatch.com)
(08/11/2017)

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2 Articles

Nuverra Announces Second Quarter And Year-To-Date 2017 Results - MarketWatch

...... with our strategic initiatives; whether certain markets grow as anticipated; pricing pressures; current and projected future uncertainties in commodities markets, including low oil and/or natural gas prices; changes in customer drilling and completion activities and capital expenditure plans; shifts in production in shale areas where we operate and/or shale areas where we currently do not have ......

(1656 words by marketwatch.com)
(08/11/2017)

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2 Articles

What killed Stacy Ruffin? - CNN

...... have observed about 1 degree Celsius of warming to average surface temperatures since the Industrial Revolution, when people started burning coal. Burning that fossil fuel, along with natural gas and oil, contributes to a build-up of carbon dioxide and methane in the atmosphere. Those gases traps heat, warming the planet. The consequences of global warming also are well-known and observable ......

(2804 words by cnn.com)
(08/11/2017)
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Coal company yanks IPO, blaming 'market conditions' - Aug. 11, 2017

...... for around $200 per ton, which is high historically. Contura also produces thermal coal, the type that's used in power plants. Thermal coal has come under enormous pressure from cheap natural gas. Still, thermal coal prices are above $90 per ton, which is also high for recent history. Kevin Crutchfield, Contura's CEO, said in the statement that the company will weigh "all strategic ......

(361 words by cnn.com)
(08/11/2017)
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CB&Is planned technology sale is part of new lender agreement - Houston Chronicle

...... CB&I is enacting a new strategy to fix its finances as a smaller company more focused on engineering, construction and fabrication for the petrochemical, refining, liquefied natural gas and gas-fired power sectors. New CEO Patrick Mullen also suspended the company's dividend payouts and promised to cut another $100 million in annual costs. The technology business up for sale ......

(255 words by chron.com)
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US rig count decreases by 5 this week to 949; Texas loses 7 - ABC News

...... The number of rigs exploring for oil and natural gas in the U.S. decreased by five this week to 949. A year ago, just 481 rigs were active. Houston oilfield services company Baker Hughes said Friday that 768 rigs sought oil and 181 explored for natural gas this week. Among major oil- and gas-producing states, California and New Mexico each increased by one rig. Texas lost seven ......

(100 words by go.com)
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Business Highlights - ABC News

...... used to price international oils, rose 20 cents to $52.10 a barrel in London. Wholesale gasoline rose 1 cent to $1.61 a gallon, while heating oil was little changed at $1.63 a gallon. Natural gas was also flat at $2.98 per 1,000 cubic feet. ......

(884 words by go.com)
(08/11/2017)
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SoCalGas, L.A. Fire Department Unveil Giant Shovel on National 8-1-1 Day to Raise Public Awareness

...... By following policy and procedures, two SoCalGas employees helped to ensure no one was injured in the incident. There were more than 3,000 cases of accidental damage from digging to natural gas lines in SoCalGas' service territory last year. SoCalGas' giant shovel will continue to be displayed for several months in various locations around the company's service territory to bring ......

(831 words by prnewswire.com)
(08/11/2017)
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Gastar Exploration To Present At Enercom’s The Oil & Gas Conference In Denver

...... About Gastar Exploration Gastar Exploration Inc. is a pure play Mid-Continent independent energy company engaged in the exploration, development and production of oil, condensate, natural gas and natural gas liquids. Gastar's principal business activities include the identification, acquisition and subsequent exploration and development of oil and natural gas properties with an emphasis ......

(227 words by prnewswire.com)
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Ameren Corporation Directors Declare Quarterly Dividend

...... at the close of business on Oct. 9, 2017 . About Ameren St. Louis -based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric distribution and transmission service, ......

(234 words by prnewswire.com)
(08/11/2017)
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Fifth Creek Energy Announces Average IP30 Well Results 1,031 Boe/d, Total Acreage Position of

...... Codell wells and one Niobrara well; all four drilled to a total average lateral length of 9,229 feet. Peak 30-day production rates from these wells averaged 1,031 Boe/d with crude oil and natural gas liquids accounting for approximately 88% of the production stream. The Fox Creek 222 achieved a peak 30-day production rate of 1,221 Boe/d; its oil rate for the same period of 1,010 Bo/d ranks as ......

(698 words by prnewswire.com)
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Caterpillar Names General Counsel, Corporate Secretary

...... energy and natural resource assets. With 2016 sales and revenues of $38.537 billion , Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & ......

(921 words by prnewswire.com)
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August 11 (8/11) serves as a reminder to always call before digging

...... information, visit call811.com. CenterPoint Energy, Inc., headquartered in Houston, Texas , is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas , Louisiana , Minnesota , Mississippi , Oklahoma , and Texas . The ......

(384 words by prnewswire.com)
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U.S. natgas futures little changed after four days of gains - Times of India

...... Aug 11 (Reuters) - U.S. natural gas futures on Friday traded within a few cents of unchanged after four days of gains as forecasts for more heat in two weeks' time offset expectations for less hot weather next week. Front-month gas futures were down 1.1 cents, or 0.4 percent, at $2.974 per million British thermal units at 8:48 a.m. EDT (1248 GMT) after rising to their highest since July 20 on ......

(610 words by indiatimes.com)
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Pol: 3.20%
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Niko: Niko qtrly net oil and natural gas revenue $5.8 mln - Times of India

...... Aug 11 (Reuters) - Niko Resources Ltd * Niko reports results for the quarter ended June 30, 2017 * Qtrly net oil and natural gas revenue $5.8 million versus $16.4 million * Niko Resources-cash balances at June 30, projected revenue from assets in India not expected to be sufficient to fund requirements over next several months * Niko Resources- requested consent from lenders in ......

(122 words by indiatimes.com)
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