Archive for September, 2012

KeyBanc: Cana, Eagle Ford Wet-Gas Plays At Greatest Risk At Lower NGL Pricing

Monday, September 24th, 2012 Posted in Uncategorized | Comments Off

Colorado's Niobrara play has the best NGL economics today, says KeyBanc's Deckelbaum. As prices for NGLs (natural gas liquids) decline, whose going to start feeling the pinch first? "Looking ... Read more..

Gas-Weighted A&D Deals Are Getting Done, Despite Sub-$3 Nymex Gas

Saturday, September 15th, 2012 Posted in Uncategorized | Comments Off

"They're not getting done with the buyers we're used to...." With natural gas prices below $3, how do gas buyers get deals done? Year to date, 15 publicly announced, gas-weighted deals-that ... Read more..

At 3-4x EBITDA, Gulf Portfolios Remain Cheap In Overall E&P-Asset Market

Friday, September 14th, 2012 Posted in Uncategorized | Comments Off

The multiple is less than half that of onshore U.S. unconventional-resource portfolios. With one simple multiple, "3-4x," Bill Marko explains just how depressed asset valuations for deepwater Gulf of Mexico assets ... Read more..

Future New Lower 48 Resource Plays Will Be Smaller, Possibly More Complex

Sunday, September 2nd, 2012 Posted in Uncategorized | Comments Off

Current analyst new-play favorites include the horizontal Permian, Utica, Mississippi Lime, Woodbine, Pearsall, Uinta, Tuscaloosa Marine Shale. What's the next great new Lower 48 horizontal play? There will be ... Read more..

Downstream Build-Out Surging On Wave Of New North American Hydrocarbon Supply

Saturday, September 1st, 2012 Posted in Uncategorized | Comments Off

TPH: "U.S. ethylene-cracker build-out opportunity (alone) represents a potential of some $20 billion in expenditures...." If they build it, the price will come.... In the midst of ethane rejection at Conway and ... Read more..