Improved development and drainage of shale plays is among the topics researchers at the University of Texas (UT) will investigate as part of an energy partnership agreement signed by UT and Statoil in Austin, TX, Monday.
Alberta
Articles from Alberta
NEB Denies TransCanada’s 2011 Toll Surcharge
The National Energy Board (NEB) has foiled — for now — an attempt by TransCanada Corp. to tack a 2011 surcharge onto tolls for its natural gas Mainline between Alberta, central Canada and eastern export points into the United States.
NEB Denies TransCanada’s 2011 Toll Surcharge
The National Energy Board (NEB) has foiled — for now — an attempt by TransCanada Corp. to tack a 2011 surcharge onto tolls for its natural gas Mainline between Alberta, central Canada and eastern export points into the United States.
AltaGas to Begin Work on C$235M Gas Facility
AltaGas Ltd. said Wednesday it was given final regulatory approval for a C$235 million natural gas processing facility and gathering system in the Alberta portion of the Montney Shale.
Prices, Storage Eyed on Both Sides of U.S.-Canada Border
With an eye on U.S. natural gas storage and wholesale price levels, senior executives at intermediate Alberta oil/gas producer Perpetual Energy Inc.on Tuesday were unabashed in their hopes for some upward movement in natural gas prices as they reported indicators going the other way as part of a year-end 2010 and fourth quarter earnings conference call.
Is it Prime Time for GTL Conversion in the Shale Patch?
High oil prices have lifted producer interest in liquids-rich natural gas plays; they’ve also pulled up the economic attractiveness of converting gas to liquid fuels and other products.
Apache Completes Purchase of BP Assets
An Apache Corp. unit has completed its acquisition of substantially all of BP plc’s upstream natural gas business in western Alberta and British Columbia, the company said Tuesday. It marks the second closing of Apache’s three-part acquisition of BP assets.
Industry Brief
Suncor Energy has agreed to sell some natural gas properties in Alberta to an undisclosed buyer for about C$235 million. The properties, known as Rosevear and Pine Creek, are in the Edson/Whitecourt area west of Edmonton, AB. Current production is 20.5 MMcf/d of natural gas and 540 b/d of liquids. The sale has an effective date of Jan. 1, 2010 and is expected to close in April. Still to be sold are some gas properties in Western Canada and the U.S. Rockies, all Trinidad and Tobago assets, and some noncore North Sea assets,which includes assets in The Netherlands. Suncor, which is focusing mostly on its oilsands production in Canada, said it has reached agreement to sell assets worth about C$1.54 billion.
Industry Brief
Suncor Energy has agreed to sell some natural gas properties in Alberta to an undisclosed buyer for about C$235 million. The properties, known as Rosevear and Pine Creek, are in the Edson/Whitecourt area west of Edmonton, AB. Current production is 20.5 MMcf/d of natural gas and 540 b/d of liquids. The sale has an effective date of Jan. 1, 2010 and is expected to close in April. Still to be sold are some gas properties in Western Canada and the U.S. Rockies, all Trinidad and Tobago assets, and some noncore North Sea assets,which includes assets in The Netherlands. Suncor, which is focusing mostly on its oilsands production in Canada, said it has reached agreement to sell assets worth about C$1.54 billion.
Industry Brief
Wild Goose Storage LLC has completed an 11 Bcf expansion of its facility in Northern California. Since acquiring Wild Goose three years ago, Alberta-based Niska Gas Storage US LLC has increased its capacity to 29 Bcf, and it is in the process of expanding the facility’s injection and withdrawal capabilities, pushing injection from 250 to 450 MMcf/d and the withdrawal capability from 450 to 700 MMcf/d. Niska said the increases will be completed this winter. Longer term, the company has applied to the California Public Utilities Commission to expand Wild Goose’s overall capacity to 50 Bcf, with injection and withdrawal rates at 650 MMcf/d and 1.2 Bcf/d, respectively.