2011

The Bipartisan Policy Center (BPC) said Tuesday it is bringing to a close its National Commission on Energy Policy (NCEP) and replacing it with another project in 2011 that will accommodate the new energy realities in Washington, DC.

For 2011 it will be more of the same where low natural gas prices and the gas-crude oil price relationship are concerned, according to analysts at Fitch Ratings.

The Obama administration fully supports a cumulative study of the effects of natural gas drilling in the Marcellus Shale, but it also supports the Delaware River Basin Commission’s (DRBC) decision to release proposed rules that would allow some natural gas development projects before that study is completed, according to a letter written by Brigadier Gen. Peter A. DeLuca.

Texas State Sen. Wendy Davis (D-Fort Worth) has filed several natural gas-related bills to potentially be considered during the 82nd session of the Texas Legislature, which begins Jan. 11.

After two years of study, Australian oil and gas exploration and production company AWE Ltd. said it has identified targets within the Perth Basin Shale play that rival the characteristics of some of the productive natural gas shales within the United States, with one interval — the Carynginia Shale — alone holding a gross of 13-20 Tcf in place within AWE’s acreage.

The Environmental Protection Agency (EPA) last week finalized greenhouse gas (GHG) reporting requirements for the petroleum and natural gas industries as part of its mandatory reporting program.

The Environmental Protection Agency (EPA) this week finalized greenhouse gas (GHG) reporting requirements for the petroleum and natural gas industries as part of its mandatory reporting program.

Continued strong crude oil prices and weak prices for natural gas in 2011 will make for a positive story for natural gas liquids (NGL), perhaps excluding ethane, Copano Energy LLC CEO Bruce Northcutt told financial analysts last Friday.

Continued strong crude oil prices and weak prices for natural gas in 2011 will make for a positive story for natural gas liquids (NGL), perhaps excluding ethane, Copano Energy LLC CEO Bruce Northcutt told financial analysts Friday.