Gas price volatility has declined and forward spreads have contracted. With plenty of shale gas around, “who needs gas storage capacity?” is a question on the lips of some. But with the heart of winter fast approaching, attitudes could change, a storage developer told NGI.
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Enable Midstream Files for IPO
Recently launched Enable Midstream Partners LP has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO) of common units representing limited partner interests.
New LNG-Fueled Container Vessels to Serve Puerto Rico
Crowley Maritime Corp. has commissioned construction of two of the world’s first liquefied natural gas (LNG)-fueled combination container and vehicle transport ships to provide shipping and logistics services between the United States mainland and Puerto Rico.
Eagle Ford Counties Led Texas Oil Production in September
Counties in the Eagle Ford Shale region of South Texas were four of the state’s top five oil-producing counties during September, while North Texas counties were four of the top five natural gas producers, according to the Railroad Commission of Texas (RRC).
Dow Unit Technology Recycling Eagle Ford Water
Dow Water & Process Solutions, a unit of The Dow Chemical Co., and Omni Water Solutions have treated more than 245,000 barrels of flowback and produced water from Texas Eagle Ford Shale hydraulic fracturing operations.
Shale Oil Fattens Wallets In Texas, North Dakota
Operators have turned to shales because that’s where the oil is. So it’s not surprising to find that shale towns are also where the money is, according to personal income data from the U.S. Bureau of Economic Analysis (BEA).
Fracking Interests Injecting More Cash Into Congress
Pro-hydraulic fracturing (fracking) interests are growing in stature among political campaign contributors, according to a public interest advocacy group, which attributes their increased spending to increased discussion of the well stimulation practice.
Industry Brief
A small conventional oil and gas company in Ohio recently settled a lawsuit with two individuals opposed to hydraulic fracturing (fracking) who allegedly referred to a road deicer and dust suppressant it manufactures as frack waste or frack water. The product, called AquaSalina, is processed from brine water produced during oil and gas drilling. The Cuyahoga County Common Pleas Court ruled against Tish O’Dell and Michelle Aini, members of a group opposed to oil and gas drilling, and issued an injunction preventing them from further defaming Duck Creek Energy, of Brecksville, Ohio. Duck Creek filed the lawsuit in 2012. It was settled in September and the company announced the outcome earlier this month.
DOE Bent Rules In Latest Export OK, LNG Advocate Says
The U.S. Department of Energy’s (DOE) latest authorization to export liquefied natural gas (LNG) to non-free trade agreement (FTA) countries bends the agency’s own rules and sends a “troubling” message, an LNG export advocate told NGI.
Texas Researchers Devise ‘Simple’ Well Decline Model
Researchers at the University of Texas at Austin (UT) say they have arrived at a simple method to model decline rates of shale natural gas wells in the Barnett Shale that could also be applied to other plays, as well as oil wells in tight formations.