Although the New York State Department of Health (DOH) said it needs a few more weeks to complete a health impact analysis of high-volume hydraulic fracturing (HVHF), Department of Environmental Conservation (DEC) Commissioner Joe Martens said it would not cause undue delay to start processing drilling permit applications.
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New York Could Begin Processing Permits Despite Health Study Delay
Although the New York State Department of Health (DOH) needs a few more weeks to complete a health impact analysis of high-volume hydraulic fracturing (HVHF), Department of Environmental Conservation (DEC) Commissioner Joe Martens said Tuesday it would not cause undue delay in starting the processing of permit applications for the practice.
EIA: Shales Boosted 2011 NatGas Production
Domestic natural gas production surged in 2011 to 28.48 Tcf, a 1.66 Tcf (6.2%) increase compared to 26.82 Tcf in 2010, and it was production from the nation’s shale plays that gave the total its biggest boost, according to the U.S. Energy Information Administration (EIA).
West Virginia DEP Misses Report Deadlines But Still Making Progress
Although the West Virginia Department of Environmental Protection (DEP) has missed deadlines for two of the three studies it was required to perform under the state’s Marcellus Shale regulatory reform law, the agency is close to completing one of the studies and should present it to legislators soon.
Low Gas Prices Driving Down Some Residential Rates
Lower natural gas prices are helping to trim winter bills for many customers across Ohio and Pennsylvania this year, although one company has said its customers will see a 5% increase.
EVEP Says Agreement to Sell Utica Acreage Unlikely By Year’s End
EV Energy Partners LP (EVEP) said that although it has received offers for its acreage in the Utica Shale, the company does not expect to announce an agreement before the end of the year.
U.S. Shale Boom Attracts Foreign Chemical, Service Firms
Although many of its nations have so far spurned their own shale development, European chemical and energy service companies are benefiting from the U.S. shale gas development and the resulting low natural gas prices on this side of the Pond, according to an American Chemistry Council (ACC) economist.
Black Hills CEO Sees Big Potential in Mancos Shale
Although it will take another year or more to fully assess the value, Rapid City, SD-based Black Hills Corp. is staking a lot of its long-term oil and natural gas value on its Mancos Shale acreage in both the Piceance and San Juan Basins, CEO David Emery said during a 3Q2012 earnings conference call Thursday.
Consol Reports Lower NatGas Production, Expects Decline in Earnings
Consol Energy Inc. said Monday that although it reported lower natural gas production for 3Q2012 compared to one year ago, the figure was misleading because of reporting adjustments and its decision in September to idle a southern Virginia coal mine that produced associated gas.
Tennessee Marcellus Discount to Persist, Says Bentek
Tennessee Gas Pipeline (TGP) Zone 4 cash basis will remain weak for a while, although it will see an uplift of about 50 cents at the end of the year when the pipeline’s Northeast Supply Diversification project and National Fuel’s Northern Access expansion come online, Bentek Energy LLC said in a recent market note.