Alex Steis

Penn Virginia Corp. reported Tuesday that it has completed its acquisition of Eagle Ford Shale assets located primarily in Lavaca County, TX from Devon Energy Corp. for $205 million in cash.

Physical natural gas trading for the week ended Aug. 11 was a tale of two stories, as Northeastern, Appalachian and Californian price points were predominantly in the red on moderating temperatures and pipe constraints, while the rest of the country's locations inched higher from a couple of pennies to nearly a dime.

Natural gas futures bulls received a dose of supportive fundamentals Thursday morning as the Energy Information Administration reported that a less-than-expected 28 Bcf was injected into underground storage for the week ended Aug. 4.

U.S. oil and gas rig activity remained pretty steady during the last week of June as those in search of oil declined by two to 756, while those drilling for natural gas added one to 184, according to data from Baker Hughes Inc.

U.S. oil and gas rig activity remained pretty steady during the last week of June as those in search of oil declined by two to 756, while those drilling for natural gas added one to 184, according to data from Baker Hughes Inc.

Natural gas price bulls might like to forget the short trading week ending June 2 as moderate temperatures combined with bearish storage data to produce a sea of red in terms of price losses in both the physical and futures natural gas arenas.

Natural gas cash and futures traders were seeing a lot of red during the short week as moderate temperatures combined with bearish storage data to produce double-digit losses across the physical market and the financial screen.

Natural gas futures bears were large and in charge Thursday morning after digesting a larger-than-expected storage injection report, which appeared even larger thanks to a reclassification from working gas to base gas.

Natural gas has played and will continue to play a critical role in power generation within the United States, regardless of what the Trump administration does with the Clean Power Plan (CPP), according to a new study conducted by Pace Global and commissioned by the Natural Gas Supply Association (NGSA).

Natural gas has played and will continue to play a critical role in power generation within the United States, regardless of what the Trump administration does with the Clean Power Plan (CPP), according to a new study conducted by Pace Global and commissioned by the Natural Gas Supply Association (NGSA).