Despite two years of decline, BP plc remains firmly atop NGI’s 1Q2011 Top North American Gas Marketers Ranking. read more
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Failure to Find JV Partner Sends Corridor Stock Plummeting
Shares of Corridor Resources Inc. took a pounding on Wednesday after the company announced it has so far been unsuccessful in finding a joint venture (JV) partner to help develop its prospect in the emerging Frederick Brook Shale.
Avista Sits on Record Snow Pack; Hydro to Displace Gas
Spokane, WA-based Avista Corp. is sitting atop snowpack and water levels more than 150% of normal, setting up the prospect for abundant hydroelectric supplies and less-than-normal natural gas-fired electric generation for its combination utility Avista Utilities. As a result, revenues were up and fuel costs down for the first quarter, Avista reported in a quarterly earnings conference call last Friday.
Texas Town Extends Drilling Permit Moratorium
The Town Council of Flower Mound, TX, which sits atop the Barnett Shale, has combined two existed drilling permit moratoriums into one and extended it until April 15 while it awaits an advisory board’s report on oil and natural gas development activities in the town.
Other Shale Towns Could Learn From Fort Worth, Resident Says
Some residents of Fort Worth, TX — which sits atop the Barnett Shale — would like to see their city and state reconsider policies on siting and regulation of natural gas pipelines. A group of neighborhood associations said Thursday that citizens of other shale gas towns could learn from mistakes made in their city.
Marcellus Royalties Expected to Be ‘Boon’ to Pennsylvanians
Exploration and production companies are looking to the Marcellus Shale and seeing dollar signs; so are Pennsylvania landowners whose acreage sits atop the shale and its gas reserves.
Marcellus Royalties Expected to Be ‘Boon’ to Pennsylvanians
Exploration and production companies are looking to the Marcellus Shale and seeing dollar signs; so are Pennsylvania landowners whose acreage sits atop the shale and its gas reserves.
BP Leads 1Q Gas Sales, But Parity Shows Signs of Returning
BP plc remained atop the leader board for physical natural gas sales in North America in the first quarter, with 24.5 Bcf/d in gas sales, a 22% hike year-over-year. Sempra Energy retained second place, gaining 1% in gas sales over 1Q2003.
BP Leads 1Q Gas Sales, But Parity Shows Signs of Returning
BP plc remained atop the leader board for physical natural gas sales in North America in the first quarter, with 24.5 Bcf/d in gas sales, a 22% hike year-over-year. Sempra Energy retained second place, gaining 1% in gas sales over 1Q2003.
Kinder Fully Subscribes NGPL Storage Capacity
The previously underutilized pipeline and storage assets ofNatural Gas Pipeline Company of America (NGPL) have enjoyed robustvolume growth under the management of the merged KN Energy andKinder Morgan. Last week, Kinder Morgan’s NGPL said it has fullysubscribed its storage service with the latest of a number ofdeals.