All Posts Tagged With: "APC"

(DVN) U.S. Energy Department’s Weekly Natural Gas Inventory Release is Bullish

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, as imports from Canada declined. However, this is largely seen as a one-off shot, with warmer-than-normal temperatures across the country restricting the commodity’s... 

31Jan2012 | | 0 comments | Continued

(FTI) FMC Technologies and Anadarko Sign Service Deal

Oil drilling equipment maker  FMC Technologies Inc. (FTI) inked a deal with Anadarko Petroleum Corporation (APC), whereby it will render subsea systems and life-of-field services to the latter. None of the parties disclosed the financial terms of the agreement. The Woodlands-based... 

18Jan2012 | | 0 comments | Continued

(APC) Anadarko Petroleum Hits Another Gas Find

Independent oil and gas producer Anadarko Petroleum Corporation (APC) made another discovery off the coast of Mozambique. This new find to a large extent substantiated the company’s projection that the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect... 

18Jan2012 | | 0 comments | Continued

(EIA) Natural Gas 2011: An Unhappy Ending

The U.S. Energy Department’s weekly inventory release showed a slightly lower-than-expected drop in natural gas supplies, as warmer-than-normal temperatures across the country have restricted the commodity’s requirement for power burn. In fact, gas stocks – currently... 

13Jan2012 | | 0 comments | Continued

(EPD) Enterprise Products Partners and Genesis Energy Sign Pipeline Plan

Enterprise Products Partners L.P. (EPD) and Genesis Energy L.P. (GEL) have inked a construction agreement for a crude oil gathering pipeline to serve the Lucius development area in the Gulf of Mexico. Southeast Keathley Canyon Pipeline Company LLC (“SEKCO”) – a 50:50... 

8Jan2012 | | 0 comments | Continued

(DVN) U.S. Energy Department Reports Natural Gas Stockpiles Down 20 Bcf

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, as frigid weather in the West led to production freeze-offs. However, gas stocks still remain at elevated levels – 8.7% above the 5-year average and 2.7%... 

13Dec2011 | | 0 comments | Continued

(EIA) Shale Gas: A Boon or Bubble?

Over the last few years, a quiet revolution has been reshaping the energy business in the U.S. Known as ‘shale gas’ – natural gas trapped within dense sedimentary rock formations, or shale formations – it is being seen as a game changer, set to usher in an era of energy... 

9Dec2011 | | 0 comments | Continued

(DVN) EIA Reports Surprise Natural Gas Draw

The U.S. Energy Department’s weekly inventory release showed a surprise dip in natural gas supplies on account of unseasonably cold weather in the Southeast. However, gas stocks still remain at elevated levels – 7.3% above the 5-year average and 1.1% higher than the same... 

6Dec2011 | | 0 comments | Continued

(APC) Anadarko Petroleum Makes Discovery Off The Coast of Mozambique

Independent oil and gas producer Anadarko Petroleum Corporation’s (APC) latest discovery off the coast of Mozambique has substantially raised the total reserve of natural gas in the field located in the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect. Initial... 

30Nov2011 | | 0 comments | Continued

(HP) U.S. Natural Gas Storage Hits Record High

The U.S. Energy Department’s weekly inventory release showed a lower-than-expected rise in natural gas supplies. However, the total working gas in storage is still well above the 5-year historical range, as mild weather continues to restrict the commodity’s demand for... 

29Nov2011 | | 0 comments | Continued

(HP) U.S. Natural Gas Stockpiles Up 37 Billion Cubic Feet

The U.S. Energy Department’s weekly inventory release showed a higher-than-expected increase in natural gas supplies, attributable to sagging demand amid robust production. The Weekly Natural Gas Storage Report – brought out by the Energy Information Administration (EIA)... 

15Nov2011 | | 0 comments | Continued

(APC) Anadarko Petroleum Strikes Oil Offshore Brazil

The Woodlands, Texas- based Anadarko Petroleum Corporation (APC), yesterday, announced that it struck oil at its appraisal well in the Campos Basin offshore Brazil. Located in block BM-C-32, offshore Brazil, the Itaipu-2 appraisal well discovered a gross petroleum column of nearly... 

10Nov2011 | | 0 comments | Continued

(UPL) Ultra Petroleum Beats Expectations – Keeps Forward View

Natural gas producer Ultra Petroleum Corp. (UPL) has reported impressive third quarter 2011 results, buoyed by higher volumes from Wyoming and Pennsylvania regions along with reduced transportation charges and lower general and administrative costs. Earnings per share, excluding... 

10Nov2011 | | 0 comments | Continued

(EIA) U.S. Energy Department’s Weekly Inventory – Natural Gas Supplies Rise Further

The U.S. Energy Department’s weekly inventory release showed a lower-than-expected increase in natural gas supplies. However, the increase in storage was still well above the 5-year average rate, as mild weather continues to restrict the commodity’s demand for power burn... 

25Oct2011 | | 0 comments | Continued

(EIA) U.S. Energy Department Reports Large Natural Gas Build

The U.S. Energy Department’s weekly inventory release showed a higher-than-expected increase in natural gas supplies, attributable to sagging demand amid robust production. The Weekly Natural Gas Storage Report – brought out by the Energy Information Administration (EIA)... 

18Oct2011 | | 0 comments | Continued

(CVX) Utica Shale Drilling Permits Skyrocket in September

by Justin Dove, Investment U Research Thursday, October 13, 2011 On Tuesday, the U.S. Energy Information Agency (EIA) released a report about the sharp increase in Ohio shale drilling permits. Steve McDonald recently wrote about the land value increases occurring in the region. As... 

17Oct2011 | | 0 comments | Continued

(CHK) Ohio’s Utica Shale Land Value Increases 10 Times

by Steve McDonald, Contributing Editor, Investment U Monday, October 3, 2011 What’s going on in Ohio is nothing short of a gas rights frenzy! Just when it seemed like the United States was becoming the Saudi Arabia of gas, Eastern Ohio starts oozing some of the richest shale... 

4Oct2011 | | 0 comments | Continued

(PTEN) U.S. Natural Gas Supply Keeps Growing

The U.S. Energy Department’s weekly inventory release showed a higher-than-expected increase in natural gas supplies, attributable to sagging demand amid robust production. The Weekly Natural Gas Storage Report — brought out by the Energy Information Administration... 

2Oct2011 | | 0 comments | Continued

(CHK) Utica Shale Could Generate 204,500 Jobs

by Justin Dove, Investment U Research Thursday, September 29, 2011 The Ohio Oil and Gas Energy Education Program (OOGEEP) released a very bullish projection this month on the economic impact of Utica shale activity in the region. The report predicted that Utica shale production... 

30Sep2011 | | 0 comments | Continued

(EIA) U.S. Energy Department’s Natural Gas Data In-Line

The U.S. Energy Department’s weekly inventory release showed a build-up in natural gas supplies towards the lower end of expectations. However, the increase in storage was still well above the 5-year average rate, as benign fall temperatures continue to restrict the commodity’s... 

27Sep2011 | | 0 comments | Continued

(DVN) Energy Information Administration Reports Bearish Gas Build

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies on the back of higher production, as well as benign fall temperatures that restricted the commodity’s demand for power burn. The Weekly Natural Gas Storage... 

20Sep2011 | | 0 comments | Continued

(CHK) This State Will Produce 25% of America’s Natural Gas

by David Fessler, Investment U Senior Analyst Thursday, September 1, 2011 And it just happens to be the one I live in. Pennsylvania. It’s nicknamed the “Keystone State.” But if current natural gas production trends continue at this pace, we may have to rename it something... 

14Sep2011 | | 0 comments | Continued

(EIA) U.S. Energy Department’s Inventory Release Showed 64 Bcf Added to Natural Gas Stocks

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies. Cooler temperatures throughout the country and continued power outages following Hurricane Irene tempered natural gas demand for power burn. This was somewhat... 

14Sep2011 | | 0 comments | Continued

(DVN) Natural Gas Stockpiles Up 55 Bcf

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected build-up in natural gas supplies on the back of increased cooling demand spurred by extremely hot weather in the Gulf Coast region. The Weekly Natural Gas Storage Report brought out by... 

3Sep2011 | | 0 comments | Continued

(APC) U.S. Natural Gas Stocks Expand In Line With Forecasts

The U.S. Energy Department’s weekly inventory release showed an in-line build-up in natural gas supplies. An increase in domestic gas consumption – driven by cooling demand on the back of extremely hot weather conditions in regions of Texas – was offset by decline in... 

26Aug2011 | | 0 comments | Continued

(MO) U.S. Trade Deficit Much Worse than Expected

The Trade Deficit rose in June to $53.07 billion from $50.83 billion in May. The rise in the trade deficit is bad news for the economy, and the level is very dangerous. For the month it was up 4.4%, and it was worse than the $48.0 billion consensus expectation. On a year-over-year... 

22Aug2011 | | 0 comments | Continued

(HP) U.S. Natural Gas Stockpiles Increase 50 Billion Cubic Feet

The U.S. Energy Department’s weekly inventory release showed a slightly larger-than-expected build-up in natural gas supplies, as declining temperatures led to a considerable drop in consumption of natural gas for power generation. The Weekly Natural Gas Storage Report... 

20Aug2011 | | 0 comments | Continued

(EIA) U.S. Natural Gas Inventories Build Slowly

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected build-up in natural gas supplies on the back of increased cooling demand spurred by an extremely hot weather. The Weekly Natural Gas Storage Report – brought out by the Energy Information... 

16Aug2011 | | 0 comments | Continued

(EIA) U.S. Natural Gas Stocks Rise as Expected

The U.S. Energy Department’s weekly inventory release showed an in-line build-up in natural gas supplies, as increased cooling demand on the back of extremely hot weather was offset by higher domestic production. The Weekly Natural Gas Storage Report – brought out by... 

23Jul2011 | | 0 comments | Continued

(DVN) Natural Gas Stockpiles Up 95 Bcf – U.S. Energy Department

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies on the back of above-average growth in each of the three storage regions. This was partially offset by a strong uptick in demand in the power sector, mainly... 

12Jul2011 | | 0 comments | Continued