2013

The pace of development in the Eagle Ford Shale in South Texas is fast and steady, yet “the [stock] market continues to not appreciate the statistical and predictable nature of the learning curve” in the play, said analysts at FBR Capital Markets. They noted that in other shale plays, more wells have equaled greater knowledge, which has yielded predictable productivity gains.

Louisiana parishes overlying the Haynesville Shale “are awash in money;” others, not so much, an economist told NGI’s Shale Daily. As producers set their sights on more lucrative shale plays — the Marcellus and Eagle Ford, for instance — beneficiaries of the North Louisiana shale boom would be wise not to build the shale revenue into their budgets, he said.

Targa Resources Partners LP has made an anchor commitment to DCP Midstream LLC’s Sandhills Pipeline, DCP said Monday. The long-term agreements provide for an interconnection of Sandhills to a new delivery point with Targa’s Cedar Bayou Fractionators LP facility at Mont Belvieu, TX.

Hybrid Kinetic Motors Corp. (HK Motors) plans to begin producing light-duty natural gas/hybrid-electric passenger vehicles in Alabama in 2013, and it will have the support of the American Public Gas Association (APGA) and NGVAmerica in promoting them, the company and trade associations said last Wednesday.

Hybrid Kinetic Motors Corp. (HK Motors) plans to begin producing light-duty natural gas/hybrid-electric passenger vehicles in Alabama in 2013, and it will have the support of the American Public Gas Association (APGA) and NGVAmerica in promoting them, the company and trade associations said Wednesday.

Hybrid Kinetic Motors Corp. (HK Motors) plans to begin producing light-duty natural gas/hybrid-electric passenger vehicles in Alabama in 2013, and it will have the support of the American Public Gas Association (APGA) and NGVAmerica in promoting them, the company and trade associations said Wednesday.

The U. S. Environmental Protection Agency (EPA) Friday singled out “energy extraction activities” as one of the agency’s top national enforcement priorities for 2011 to 2013, according to the Washington, DC, law firm of Steptoe & Johnson.

The U. S. Environmental Protection Agency (EPA) Friday singled out “energy extraction activities” as one of the agency’s top national enforcement priorities for 2011 to 2013, according to the Washington, DC, law firm of Steptoe & Johnson.

The U. S. Environmental Protection Agency (EPA) singled out “energy extraction activities” as one of the agency’s top national enforcement priorities for 2011 to 2013, according to the Washington, DC, law firm of Steptoe & Johnson. The EPA has not had much of an appetite for a producer technique known as hydraulic fracturing — in which fluids injected at high pressure are used to stimulate the production of natural gas from shales — but it did not single out the technique, according to the law firm. The EPA said an “unprecedented acceleration of oil and gas leasing and development” has prompted air pollution concerns, particularly in the West. In addition to oil and gas, the agency said it also will focus on New Source Review compliance among major emitters of air pollution, especially the coal-fired utility, cement, glass and acid sectors. The EPA has not yet developed the specifics of its enforcement strategy for the energy extraction industries, but will be doing so in the near future. In the meantime, increased inspections and enforcement for noncompliance are likely, according to Steptoe & Johnson.