Reserve evaluators such as Sproule Associates Limited, Deloitte, GLJ Ltd. and McDaniel & Associates Consultants Ltd., among other industry watchers, updated their commodity forecasts at year-end 2020 and the largest hikes were for near-term AECO assumptions.
February 16, 2021, 5:35 AM MST
July 16, 2019, 7:10 AM MDT
The United States becomes a net energy exporter in 2020 and remains so through 2050 as a result of large increases in crude oil, natural gas, and natural gas plant liquids (NGPL) production coupled with slow growth in U.S. energy consumption, says the Energy Information Agency (EIA) in its Annual Energy Outlook 2019 (AEO2019) released this morning.
January 24, 2019, 10:12 AM MST
Natural gas experiences the largest production increase of all fossil fuels during the projection period in the Energy Information Administration (EIA) outlook report across all cases, driven by continued development of lower-cost shale gas and tight oil resources.
January 24, 2019, 10:25 AM MST
October 22, 2018, 11:25 AM MDT
July 27, 2018, 7:10 AM MDT
Hess Corporation has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1.
June 29, 2018, 9:57 AM MDT