By Jack MoneyBusiness writer jmoney@oklahoman.comNatural gas plays where two upstream and one midstream Oklahoma City-based companies are active are hanging tough so far this year as the COVID-19 pandemic continues. Enverus, an on-demand software and data analytics company that follows the oil and gas industry, highlighted encouraging trends seen in the Appalachian and Haynesville basins in its Enverus FundamentalEdge series report released earlier this month. While drilling activity is down in both basins, it hasn’t fallen as much in those as it has in other oil-focused onshore shale plays. Plus, the report notes that production from those basins recovered to about where it was before energy markets collapsed, said Maria Sanchez, an energy market analyst at Enverus who focuses on natural gas fundamentals. “The impact of the COVID-19 pandemic and the price war between Russia and Saudi Arabia really drove oil prices down,” she said.Read more on NewsOK.com

BING NEWS:
  • Oil & Gas
    First slidedetails.Current Slide Second slide details. Third slide details.
    04/29/2024 - 1:00 pm | View Link
  • Natural Gas and Oil Forecast: Tensions Spike Prices; Will Oil Stay Bullish?
    is expected to have significant implications for future pricing and demand in the energy sector. As of April 26, the Natural Gas (NG) market is experiencing a modest uptick, with the price rising ...
    04/25/2024 - 6:28 pm | View Link
  • Germany’s Oil and Gas Production Continues to Drop
    Last year, Germany’s oil production dropped by 5.9% year-over-year, while natural gas output ... of imports to meet demand. Germany should maximize domestic oil and gas production, which would ...
    04/16/2024 - 12:49 am | View Link
  • Oil & gas industry
    Oil and gas are the world's most important sources of energy since the mid-1950s. But due to their carbon footprint, the two commodities are under pressure, and calls are mounting saying the less ...
    04/14/2024 - 1:00 pm | View Link
  • No water, no oil: How the parched western provinces could hamper the oilpatch
    Alberta is poised to start negotiations with major water licence holders to strike sharing agreements in three key provincial river basins ... robust production sink natural gas prices Canada ...
    04/2/2024 - 9:00 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News