The estimates of the amount of natural gas yet to be unearthed through hydraulic fracturing or “fracgas” vary widely, but there is a “determined limit” on coal-to-gas substitution that is “far short of driving coal out of the power market,” according to a new study by members of the Yale Graduates Energy Study Group.
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Williams Not Giving Up on Southern Union Takeover
Williams late Tuesday reaffirmed its interest in acquiring Southern Union Co. by offering to buy the company for $44/share in cash — the same amount it offered in July.
August 18, 2011
Chesapeake to Royalty Owners: The Haircut Is in the Mail
The monthly check from Chesapeake Exploration LLC will still be in the mail to Barnett Shale royalty owners, but some of them will find it to be a little lighter than in the past.
August 12, 2011
Investigations: Chief Not Responsible for Contaminated Water Well
Chief Oil & Gas LLC announced Thursday that separate investigations by the company and the Pennsylvania Department of Environmental Protection (DEP) have concluded that Chief is not responsible for contaminating the water well of a woman in Bradford County, PA, who went on to become a vocal critic of hydraulic fracturing (fracking).
July 8, 2011
Plenty of Gas, but Timing Drives Alaska Utilities to LNG
The amount of undiscovered, technically recoverable natural gas resources in Alaska’s Cook Inlet region is “significantly more” than what was thought 16 years ago, the U.S. Geological Survey (USGS) said last week. However, increased production won’t be available in time to meet an upcoming supply shortfall predicted by a group of utilities in the region.
July 4, 2011
USGS: Cook Inlet Has More Gas Than Previously Thought
The amount of undiscovered, technically recoverable natural gas resources in Alaska’s Cook Inlet region is “significantly more” than what was thought 16 years ago, the U.S. Geological Survey (USGS) said.
June 30, 2011
IEA: Unconventional Gas ‘Revolution’ in North America
The International Energy Agency (IEA) says the worldwide amount of estimated recoverable gas has doubled over the last few years thanks to unconventional gas resources. The agency noted that a global race for unconventional resources is on.
June 20, 2011
IEA: World Gas Markets Affected by Unconventional Gas
The International Energy Agency (IEA) says the worldwide amount of estimated recoverable gas has doubled over the last few years thanks to unconventional gas resources. The agency noted that a global race for unconventional resources is on.
June 20, 2011
IEA: U.S. Driving World Shale Gas Development
The International Energy Agency (IEA) says the worldwide amount of estimated recoverable gas has doubled over the last few years thanks to unconventional gas resources. The agency noted that a global race for unconventional resources is on.
June 20, 2011
Chevron Adds Quarter Million Acres to Marcellus Holdings
Chevron Corp. is buying another 228,000 net acres in the Marcellus Shale from privately held Chief Oil & Gas LLC and Tug Hill Inc. for an undisclosed amount, which when completed would give the oil major an estimated 5 Tcf of additional natural gas resources in the hot shale play.
May 5, 2011
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