2012

U.S. natural gas production rose 2.7% to 82.7 Bcf/d in November from October — a 9% gain from November 2010, the Energy Information Administration (EIA) said last week.

Magnum Hunter Resources Corp. is expanding its operations in the liquids-rich Marcellus Shale.

The moderate weather that has so far been the calling card of this winter will give way to lower temperatures, with colder-than-normal temperatures dominating the nation’s northern tier beginning in February, according to forecasters at Andover, MA-based Weather Services International (WSI).

The moderate weather that has so far been the calling card of this winter will give way to lower temperatures, with colder-than-normal temperatures dominating the nation’s northern tier beginning in February, according to forecasters at Andover, MA-based Weather Services International (WSI).

Shell Canada Ltd. secured the exploration rights on four parcels in Nova Scotia’s offshore with successful bids that totaled C$970 million — the highest bids ever — the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) said Friday.

Supported by abundant unconventional natural gas and oil reserves, the United States and Canada will become “almost totally energy self-sufficient” by 2030, according to a new forecast by BP plc.

More than 1,765 miles of natural gas pipeline with a total capacity of 12,549 MMcf/d were placed in service last year, up from 1,162 miles and 11,865 MMcf/d in 2010, but pipeline capacity certified by FERC was down significantly in 2011 compared with 2010.

FERC last Thursday issued a final rule eliminating duplicative storage reporting requirements for interstate and intrastate natural gas pipelines, which it said would save the industry an estimated $400,000 annually.

While the industry was preaching compromise legislation with balanced regulation and taxes on natural gas in Pennsylvania, environmental groups urged lawmakers to start over, splitting the task into four separate bills.