The Northeast oil and gas industries have been transformed in a way usually reserved for the movies, but more hard work is necessary to achieve full stardom.
The largest natural gas-producing region in the U.S. just keeps getting bigger. By 2018, Marcellus production may reach 20 Bcf/d. With recent “monster-well” announcements by Magnum Hunter Resources and Shell, analysts predict the Utica could be even larger than the Marcellus. Operators are spending $18 billion in 2014 CAPEX to accommodate Northeast shale production growth.
The Marcellus-Utica Midstream Conference and Exhibition puts you at the center of the action. Hear directly from top midstream analysts and executives, including the latest production estimates from the Marcellus and Utica shales, and learn about major midstream projects in the works. Secure your seat today!
John Hofmeister, formerly of Shell Oil Co., advises riding out the oil price correction and looking to a natural gas changeover in the coming decades at Privcap’s Houston conference.
Those peddling their commodity trades on the public markets may be wringing their hands as the price of crude continues to decline, but private equity types are looking forward to what 2015 might have to offer their clients.
At its late November meeting, the U.S. Federal Energy Regulatory Commission issued a policy proposal to facilitate the recovery of the costs associated with improving pipeline safety and reducing emissions.
Oil’s price plunge presents opportunities for those able to identify well-managed companies, says NGP’s Bob Edwards.