A Transcontinental Gas Pipe Line Co. LLC (Transco) compressor station in Dallas County, AL, has been given the green light by the Federal Energy Regulatory Commission to begin service, adding 130,000 Dth/d of capacity to the pipeline system [Docket No. CP11-18-000]. The compressor is the second phase of the Mid-South Expansion Project, approved in 2011, to expand Transco services in the Southeast after the first phase went into service in 2012 (see NGI, Sept. 3, 2012). The expansion, originally was designed to service LaGrange, GA, Progress Energy Carolinas and Southern Co., gives Transco an additional total firm capacity of 225,000 Dth/d.
Articles from 2013
The downward price pressure on U.S. natural gas “should be sustained for many years,” according to the global energy research chief for Credit Suisse.
Calgary-based Veresen Inc. last week said affiliate Jordan Cove Energy Project LP has filed an application with FERC to construct and operate a liquefied natural gas (LNG) export facility on the West Coast within the international Port of Coos Bay, OR.
When natural gas prices are $3, Southwestern Energy Co. has 1,200-1,500 well locations to drill in the Fayetteville Shale, but “in today’s price environment, that changes substantially,” CFO Robert Craig Owen said Wednesday in Austin, TX.
Pioneer Natural Resources Co.’s first horizontal Wolfcamp Shale well in Martin County, TX, — the Mabee K #1H — has been placed on production with an initial rate that the company called “strong,” and an analyst following Pioneer said confirms prospectivity in the county.
Denver-based Enservco Corp., a provider of well-site services, said it will invest $6 million in capital expenditures during 2013, with $4.7 million being allocated to new equipment fabrication. The budget also includes $1.3 million for enhancements to existing equipment. Management estimates the annualized revenue potential from the new equipment at about $10 million. The equipment includes nine frack heating trucks with a total of 12 burner boxes, four hot oilers and two well acidizing trucks. The investments will expand the company’s frack heating capacity by 40% and increase its hot oiling fleet by 15%. Enservco said sales during April reached $3.7 million, up 85% from one year ago. The improvement was fueled in part by cool spring temperatures across the company’s service territories, as well as sustained demand for fluid heating services, particularly in regions where new fracking techniques require higher water temperatures than traditional frack designs.
Energy-related carbon dioxide emissions, counting the emissions from fuel consumption only, vary significantly across states, with Texas and California registering the highest carbon dioxide (CO2) emissions with 652.6 million metric tons (mmt) and 369.8 mmt respectively in 2010, according to a survey by the Energy Information Administration (EIA).
Cash natural gas prices were unchanged on average in Friday for weekend and Monday trading. Northeast points managed gains as weather forecasts proved supportive, but Rocky Mountain points were steady to lower, and eastern points fell a couple of cents.
Gulfport Energy Corp. expects to increase the number operated horizontal rig count in the Utica Shale to seven from the current four by the end of June, and it has budgeted $494-504 million to drill 55-60 gross (49-54 net) wells in the play this year, company officials said Wednesday.
China National Oil Corp. (CNOOC) has agreed with BG Group to take an additional stake in the Queensland Curtis LNG (QCLNG) project in Australia for A$1.93 billion. CNOOC also agreed to take an additional 5 million tonnes per annum (mtpa) of LNG from BG Group. The deal will make BG Group the largest supplier of liquefied natural gas (LNG) to China, the company said.