Though natural gas and NGL prices have been decoupling from oil prices for the past several years, the sudden downturn in crude prices have pulled the entire hydrocarbon sector down with it.
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!
Environmental-activist organizations have sued Kern County, Calif., for its approval of a new crude-by-rail terminal in Bakersfield.
Reports give insight into current low crude prices.
The Kinder Morgan Inc. consolidation is expected to close before Nov. 27, chairman and CEO Richard Kinder said.
API study shows that most shares in US oil and gas companies purchased with eye toward retirement.