|
FEATURES
Growing Prospects
M. Ray Thomasson talks about his exploration and business philosophy and prospect generation in today's world.
Private Capital Flow
As investors seek safety and diversification, here are four trends affecting E&P investments.
Barnett Gas Unstranded
A challenge to Barnett shale development is sufficient gas take-away infrastructure. Pipeline companies such as Energy Transfer Partners LP, Crosstex Energy Inc. and Quicksilver Gas Services can't move fast enough.
Illinois Flooding
The Illinois Basin's largest producer, Rex Energy Corp., plans to use ASP flooding in 100-year-old Lawrence Field. NEWSWELL
• Oil executives cite exploration hot spots • Deepwater Gulf capex averages $11.60/BOE, rising • Major execs say supply-demand gap becoming serious • Pickering picks Marcellus among hottest U.S. plays • Will Btu pricing parity between oil and gas ever return? SPECIAL REPORTS
|
FROM THE EDITOR-IN-CHIEF
Too much gas?
Last year, natural gas at Henry Hub averaged $7.17 per million Btu. That’s not bad when you consider that U.S. storage held above the five-year average, the weather was mild, and some manufacturing plants that use gas were shut down. COMPLETIONS
Reconsideration
Utility and coal player Consol Energy Inc.’s bid to re-roll up coalbed-methane producer CNX Gas Corp. may represent a new U.S. gas M&A trend, and further pressure on gas-acquisition prices.
Reconsideration
Utility and coal player Consol Energy Inc.’s bid to re-roll up coalbed-methane producer CNX Gas Corp. may represent a new U.S. gas M&A trend, and further pressure on gas-acquisition prices. TRENDS & ANALYSIS
CAPITAL MARKETS
Energy Lenders' Price Decks
Energy lenders expect higher oil prices in 2008 and lower gas prices, Tristone Capital reports. M&A TRENDS
EVENTS
E&P MOMENTUM
EXPLORATION HIGHLIGHTS
Western U.S.
The major also completed the first horizontal Bakken producer in the Camel Butte Field area in McKenzie County. The #11-14H Anderson Ranch is in Section 14-151n-96w. Madison and Interlake producers are within a mile.
International Highlights
Canadian Superior Energy's Victory well has found two prolific reservoirs offshore Trinidad and Tobago. NEW FINANCINGS
COMPANY BRIEFS
Taylor Energy package goes to S. Korean firms
NFG, New Mountain settle proxy contest XOM answers Chavez/ StatoilHydro strikes deal M&A News TECHNOLOGY REPORT
BRIGHT SPOTS
Meet Melinda Faust
A native of Slidell, Louisiana, Melinda Faust entered business after graduating from the University of New Orleans with a bachelor’s degree in marketing. After working for an independent E&P company, she joined start-up DrillingInfo.com, which provides online oil and gas industry data, consulting and mapping. LEGENDS
Chatting With John Brock
In the business for nearly 50 years, John Brock has built large E&P companies and legacy assets. AT CLOSING
Time to buy
Wall Street sees a silver lining for nervous energy investors who are sitting on the sidelines. |
|
Loading...
|