January 2013, Vol. 240 No. 1

In The News

Eagle Ford Ranked As Top North American Play

ITG Investment Research announced the release of a survey of leading buyside energy investors which indicated that the Eagle Ford Shale in South Texas ranked as the leading North American play.

Survey Highlights:
Natural gas forecasts: 41% of respondents expect Henry Hub natural gas prices of $3.50/MMbtu at the end of 2013, while 35% forecast $4/MMbtu.
Long-term natural gas: 50% expect $4/MMbtu while 41% see $5/MMbtu.
Long-term oil: 50% expect $90/bbl WTI crude, while 33% expect $100+/bbl.
Top North American plays: Eagle Ford (24%), Permian (16%)
Least attractive North American plays: Haynesville (32%), Barnett (12%).