Approximately

Transportation Notes

Effective Friday Southern California Gas will voluntarily decrease the maximum operating pressure on its Line 2000 in the Southern Transmission Zone by approximately 20%. “This change is being made to further improve and maintain the safety of SoCalGas’ pipeline network,” the giant LDC said. Affected pipeline runs from Blythe in Riverside County to Brea Station in Orange County, SoCalGas said. Customers served from Line 2000 may experience lower delivery pressures, and total receipt point capacity at El Paso-Ehrenberg and North Baja-Blythe will be limited to 1,010 MMcf/d, it added. See the bulletin board for further details.

August 4, 2011

Deals to Pour $470M Into Midstream Infrastructure

A pair of investment deals announced Wednesday would provide approximately $470 million for much-needed midstream infrastructure in North American shale plays.

July 28, 2011

EIA Report Pegs Recoverable Shale Resources at 750 Tcf

A report commissioned by the Energy Information Administration (EIA) estimates that technically recoverable shale natural gas resources in the United States are as much as 750 Tcf.

July 11, 2011

EIA Report: Recoverable Shale Gas a Bountiful 750 Tcf

A report commissioned by the Energy Information Administration (EIA) estimates that technically recoverable shale natural gas resources in the United States are as much as 750 Tcf.

July 11, 2011

Westmont Expands Marcellus Shale Leasehold

Furthering its plans to acquire approximately 3,650 net acres of Marcellus Shale leasehold, Westmont Resources Inc. on Friday said it has signed a memorandum of understanding for the acquisition of a 252-acre oil and gas leasehold in Pennsylvania’s southwest tier.

July 11, 2011

Report: Shales to Help Drive Billions in Midstream Spending

Connecting wellheads — particularly those in shale gas fields — to gas-fired turbines and burner tips will require billions in spending on midstream infrastructure over the next 25 years, according to a new report. Adding to the projected demand for new pipe, storage and other facilities is the increasing focus on liquids-rich gas production.

June 29, 2011

Prices End Week Mixed and Mostly Near Flat

Price movement was approximately evenly mixed between small gains and small losses of up to nearly a dime either way. Flat quotes were common, and none of the changes up or down reached double digits. The increases tended to be concentrated in the Midcontinent and Rockies.

May 16, 2011

USGS: 18 Tcf of North Slope Gas Possible at $8/Mcf

Approximately 18 Tcf of undiscovered gas would be economically recoverable from the National Petroleum Reserve in Alaska (NPRA) at a market price of $8/Mcf or more, and the amount would soar to 32 Tcf if the market price were to increase to $10/Mcf or more, according to an assessment by the U.S. Geological Survey (USGS).

May 9, 2011

USGS: 18 Tcf of North Slope Gas Possible at $8/Mcf

Approximately 18 Tcf of undiscovered natural gas would be economically recoverable from the National Petroleum Reserve in Alaska (NPRA) at a market price of $8/Mcf or more, and the amount would soar to 32 Tcf if the market price were to increase to $10/Mcf or more, according to an assessment by the U.S. Geological Survey (USGS).

May 9, 2011

West Virginia DEP Tells Two Companies to Cease Drilling

The West Virginia Department of Environmental Protection’s (DEP) Office of Oil and Gas (OOG) has ordered Antero Resources Appalachian Corp. and Bronco Drilling Corp. to cease operations at an Antero well pad in Harrison County, WV, following a March 21 incident in which drill cuttings were washed into a nearby stream, OOG said.

March 30, 2011
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