by - February 7, 2023 2:21 pm
U.S. natural gas price projections have been lowered as a warmer-than-average start to 2023 has reduced natural gas consumption to below-average levels, according to the U.S. Energy Information Administration (EIA)….
by - September 7, 2022 5:08 pm
Natural gas prices are projected to be higher than average this winter amid low inventories and strong demand globally, according to the U.S. Energy Information Administration (EIA). LNG (liquified natural…
by - April 21, 2022 4:15 pm
An oil and gas exec with a decade or two of experience is likely more cautious than excited about the recent rise in energy prices – especially those who manage…
by - November 9, 2021 2:43 pm
Natural gas prices are expected to be volatile this winter as the heating season begins amid lower natural gas storage levels, according to the U.S. Energy Information Administration (EIA). The…
by - January 23, 2020 3:25 pm
U.S. natural gas exports are expected to exceed natural gas imports by an average of 7.3 billion cubic feet per day in 2020 and 8.9 billion cubic feet per day…
by - February 27, 2019 10:09 am
Climate change is not a political issue. It’s a fact. That’s according to Bill Hanna, president, CEO and chairman of Fort Smith-based Hannah Oil & Gas. Hanna was one of…
by - June 5, 2017 4:24 pm
Coal consumption in Arkansas and the rest of the U.S. has declined precipitously as natural gas becomes the nation’s major electricity source and utility operators continue to shutter aging coal-fired…
by - January 25, 2017 4:22 pm
A spokeswoman for BHP Billiton told Talk Business & Politics Wednesday (Jan. 25) that the Australian mining and energy conglomerate’s current budget in the Fayetteville Shale is “nominal,” and that…
by - December 1, 2016 3:11 pm
In addition to the presidential win for Donald Trump and the recent decision by a U.S. appeals court to stay the Clean Power Plan, the coal industry received more good…
by - October 22, 2016 10:23 am
Even as Southwestern Energy posted a major production milestone in the Fayetteville Shale, the Texas driller continued to operate in the red in the third quarter as drilling activity ramped…
by - October 10, 2016 7:49 pm
As natural gas has overtaken coal as the nation’s major source of energy for power generation, U.S. residential electricity prices are forecasted in 2016 to decline for the first time…
by - October 3, 2016 9:07 pm
Arkansas Gov. Asa Hutchinson and Oklahoma Gov. Mary Fallin on Monday (Oct. 3) celebrated the nation’s growing energy independence and offered hope that presidential candidates Hillary Clinton and Donald Trump…
by - September 30, 2016 1:51 pm
For the first time since the end of 2015, a natural drilling rig in Arkansas is up and running in the Fayetteville Shale play as natural gas futures bounced around…
by - September 27, 2016 3:09 pm
An IHS Markit report shows that U.S. natural gas production in the lower 48 states increased by about 1.4% in August, marking the second month in a row where output…
by - August 17, 2016 6:54 pm
A recent presentation by Southwestern Energy Inc. reaffirms new hope for Arkansas’ Fayetteville Shale Play as the independent oil and gas company has substantially revised its 2016 guidance for production,…
by - August 4, 2016 3:27 pm
Arkansas’ rig count in 2016 remained at zero through the end of July, but the number of natural gas producers seeking drilling permits spiked over the past two weeks as…
by - July 5, 2016 9:38 am
Arkansas is no longer among the top ten natural gas producing states as the recent drilling and sales decline in the Fayetteville Shale and the industry’s shift to more lucrative…
by - June 13, 2016 1:19 pm
BHP Billiton CEO Andrew Mackenzie said the company overpaid for its U.S. shale in Arkansas, Texas and Louisiana and revealed plans to cuts its capital budget even further by 70%…
by - May 18, 2016 2:05 pm
Oil and gas companies’ dependent on production and cash flow from already drilled but uncompleted wells will benefit from capital efficiency gains in 2016, but conversion of those wells won’t…
by - March 9, 2016 9:17 am
U.S. Department of Energy officials said Tuesday (March 9) that natural gas is expected to fuel the largest share of electricity generation in 2016 just as future prices for the…
