Welcome to recovery

Welcome to your oil-market recovery. Enjoy it while it lasts. Source: News


Evaluating reserve reporting

A reserve reporting statement contains valuable data that publicly traded US exploration and production companies are mandated to file with the US Securities & Exchange Commission. It is a declaration of the remaining quantities of oil and natural gas reserves based on a given date. It measures an oil and gas company’s reportable reserves in […]


EIA: US gas reserves increase at yearend 2016, crude remains flat

The US Energy Information Administration said average first-of-the-month prices used to calculate US reserves dropped in 2016 compared with 2015. Natural gas and crude oil decreased by a respective 6% and 15% during the period. Source: News


TransCanada to advance $2.4-billion (Can.) NGTL system expansion

TransCanada Corp. reported it will advance a $2.4-billion (Can.) expansion of its NGTL System to connect incremental supply and expand basin export capacity by 1 bcfd of natural gas at the interconnection with its Canadian Mainline. Source: News


US Congressional committees request FERC for Rover gas line briefing

The ranking minority members of the US Senate Energy and Natural Resources Committee and US House Energy and Commerce Committee asked the US Federal Energy Regulatory Commission for an update on environmental concerns stemming from construction of the Rover natural gas pipeline. Source: News