Sentences with phrase «gas production for»

The US becomes the undisputed leader for oil and gas production for decades, which represents a major upheaval for international market dynamics.»

Total dry natural gas production for the Lower 48 states rose to an average of 63.6 billion cubic feet per day (Bcf / d) in 2012, an increase of almost 4 %, or 2.6 Bcf / d, over 2011, versus a rise in consumption of about 3 %, or 2.2 Bcf / d, according to data from Bentek Energy LLC.

Chevron and its partners in the $ US54 billion Gorgon LNG venture have committed a further several billion dollars in investment to sustain offshore gas production for the monster processing plant on Western Australia's Barrow Island.

Not exact matches

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to an average of about 315,000 boe / d, with exit production of about 335,000 boe / d, to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.

The time is ripe for anyone with new ideas on some facet of oil and gas exploration, drilling or production that could cut costs, says Yager.

Petroleum engineers conduct studies for new oil and gas fields, oversee drilling operations, and sometimes develop production equipment.

Hope for exporting Canada's surplus production, especially from the mammoth shale fields in northeastern B.C., now rests on the construction of terminals on the B.C. coast to liquefy the gas and ship it to Asia, where prices are currently six times higher than they are here.

CEO Randy Eresman noted in the Calgary - based company's 2011 year - end results: «For the industry as a whole, near - term natural gas prices are at levels below what it costs to add most new production, and in some places, may even be below what it costs to produce from existing wells.»

Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

Despite the United States» boom in oil production, the world is still dependent on the Middle East for oil and gas reserves.

PDC Energy, Inc. is a domestic independent exploration and production company that acquires, produces, develops, and explores for crude oil, natural gas and NGLs with operations in the Wattenberg Field in Colorado and in the Delaware Basin in West Texas.

Sino Gas & Energy Holdings has signed a term sheet with Macquarie Bank for a US$ 50 million loan, which will be used to support its joint venture entity's working interests in the Linxing and Sanjiaobei production sharing contracts at the Ordos Basin in China.

Moody's studied 37 oil and gas companies in Canada and the U.S., concluding that although the oil industry has dramatically slashed its cost of production in the past three years and is currently in the midst of posting much better financials this year, there is little room left for more progress.

Kansas is still largely dependent on coal, however, and is one of the country's top hubs for crude oil and natural gas production.

The unexpected boom in U.S. natural gas production over the last decade has pushed down power prices, making it harder for companies that operate plants to turn a profit.

She agrees that this jar, by itself, proves nothing about the environmental impact of «fracking,» the drilling technology largely responsible for America's boom in oil and gas production.

The first is climate change, exacerbated by the greenhouse gases we encourage by burning fossil fuels, cutting down forests, and farming the way we do (particularly for meat production).

Livestock account for 14.5 percent of greenhouse gas production — more than all transportation combined.

A plan outlined by the WA Government to reserve a big part of the State's gas reserves for the local market does not promote a robust and viable gas industry in Western Australia, according to the Australian Petroleum Production and Exploration Associatio

EQT's purchase of Rice would significantly add to its assets in the Marcellus and Utica shale regions, which account for much of the growth in U.S. natural gas production.

Considering that Canada's oil and gas exports to the U.S., worth $ 92 billion in 2010, account for more than half of Canadian production of those commodities — and nearly a quarter of Canada's total merchandise exports — this is an ominous turn of events for Canada as well.

But the livestock sector is responsible for about 14.5 percent of global greenhouse gas emissions, through cows producing methane and production processes - comparable to all the direct emissions from cars, planes, ships and other transport.

Natural gas, which has to be bought on a volatile market, was considered unsuitable for load power production.

For the first time in living memory, GE is on the road to becoming a coherent whole, built around industrial infrastructure businesses including power generation, locomotives, jet engines, and oil and gas production equipment.

For more than two decades, Warburg Pincus has invested or committed over $ 9.5 billion across more than 50 energy investments around the world involved in oil and gas exploration and production, midstream, power generation, oilfield technology and related - services, mining and alternative energy development.

Expectations are especially high for electric vehicle (EV) production and sales, as the Chinese government sweetened the incentive for families to trade in their gas - powered automobile for one that runs on a battery - powered electric motor.

Pennsylvania accounted for 19 % of total U.S. marketed natural gas production in 2017 and produced more natural gas than any other state except Texas.

The natural - resource - rich state is also known for its natural gas production (it leads the nation), coal, electricity (again, number one in the States) and renewable energy — specifically, wind energy.

Interested in 2017 production forecasts and plans for capital expenditure for publicly listed Canadian oil and gas companies?

Is that number still accurate and what are the implications for natural gas and natural gas prices if production is cut in Alberta.

U.S. oil and natural gas production from Pennsylvania could help power Ontario and Quebec for instance, even as Canadian shale flowed through pipelines from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most companies are facing in building new pipelines (Exhibit A: see the Dakota Access Pipeline).

For its 2018 projections, Franco - Nevada expects attributable royalty and stream production to total 460,000 to 490,000 GEOs (gold equivalent ounces) from its mineral assets and revenue of over $ 50 million from its growing oil and gas assets.

As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.

Join us on Wednesday, May 9th for a complimentary reception and an exclusive discussion featuring S&P Global's top thought leaders who will cover oil and gas production, pricing, and risk — with a focus on credit and industry suppliers.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppliGas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

«This decision is a serious setback for shale gas in the UK and many must be wondering if it can ever reach production phase,» said John Williams, senior principal consultant at Poyry Management Consulting.

«It is not a coincidence that American energy security has shown vast improvements at the same time that America's innovative energy industry was able to ramp up oil and gas production,» said Karen Harbert, president and CEO of the U.S. Chamber's Institute for 21st Century Energy, which produces the annual report.

Take, for example, the sharp increase in U.S. oil and natural gas production stemming, in part, from the innovations in drilling and extraction technologies.

Consider, for example, the effect of the development of fracking to produce oil and natural gas, which has given the US a huge production advantage.

Probably the most discussed aspect of the NGP Report (see this excellent discussion on CBC's The 180 beginning at around the seven minute mark) is the JRP's treatment (or lack thereof) of «upstream» greenhouse gas emissions (GHGs), and specifically the apparent asymmetry between the JRP's decision to consider the need to open markets for projected increases in oil production — the vast majority of which would uncontrovertibly be from the oil sands — but not the GHGs associated with this projected growth.

So, Canadians are both paying higher gas prices as a result of higher world oil prices and getting less for their oil production as a result of the depressed regional oil prices in the Midwest.

It was a lackluster month for stocks overall, but many oil and gas exploration and production sto...

The majority of participants in the winter survey reported seeing benefits: several businesses cited opportunities related to increased US oil and gas production and consumption, for example, as well as US tourism in Canada.

This tax will directly raise the cost of many consumer goods including gasoline and natural gas, and indirectly for many others due to higher production and transportation costs.

The largest detractor from performance for the quarter and past twelve months was Apache, the U.S. - based oil and gas exploration and production company.

Beyond the FERC ruling, we believe fundamentals have generally improved for MLPs over the past year as US oil and gas production has been on a steady incline.

On Thursday, it announced it would reduce its production guidance for the year by about 10,000 barrels of oil equivalent per day to about 335,000 boe / d to account for lower heavy oil production, an advanced schedule for maintenance at its Tucker oilsands project and a slower ramp up in liquids - rich natural gas output from its BD Project in Indonesia.

Apache, a U.S. - based leading oil and gas exploration and production company, was the largest detractor for the quarter, declining 19 %.

For example, the Stumberg Ranch 55H well achieved an initial 24 - hour production rate of 3,800 barrels of oil equivalent (BOE / d), which puts that well on pace to deliver a full payout in only 12 months at current oil and gas prices.