Basins

The wellhead economics are not that different across the entire U.S. onshore, but how individual producers are digging in has made all the difference, according to a deep dive by BTU Analytics LLC.

The Bureau of Economic Geology Shale Production and Reserves Study at the University of Texas at Austin has been awarded a $350,000 grant by the U.S. Department of Energy (DOE) for an 18-month study reviewing prior analysis of major U.S. shale gas plays: the Barnett, Fayetteville, Haynesville and Marcellus.

Natural gas and oil production from seven of the nation’s largest unconventional plays will decline slightly in September compared with August, according to the Energy Information Administration (EIA).

Gulf South Pipeline Co. LP is targeting growing industrial demand in the Baton Rouge-New Orleans, LA, region with a potential expansion of its system that would tap shale gas supplies from multiple basins. The project joins another targeting a similar market from rival Spectra Energy Transmission.

In another plan for getting shale-driven domestic crude oil supplies in the central United States to the West Coast, Tesoro Corp. and Savage Companies on Monday formed a joint venture to develop and operate a new rail shipment-linked 120,000 b/d unloading and marine loading facility at Port of Vancouver, WA, across the Columbia River from Portland, OR.

While it let go of acreage in the Arkoma and Piceance basins last year, production from Antero Resources’ booming Marcellus Shale activities more than made up for their absence in the company’s portfolio of producing assets.

While it let go of acreage in the Arkoma and Piceance basins last year, production from Antero Resources’ booming Marcellus Shale activities more than made up for their absence in the company’s portfolio of producing assets.

Regional natural gas liquids (NGL) differentials will collapse over the next two years as new NGL pipelines create excess takeaway capacity out of all major basins (except the Marcellus Shale) into Mont Belvieu, TX, according to analysts at Tudor, Pickering, Holt & Co. (TPH).

Regional natural gas liquids (NGL) differentials will collapse over the next two years as new NGL pipelines create excess takeaway capacity out of all major basins (except the Marcellus Shale) into Mont Belvieu, TX, according to analysts at Tudor, Pickering, Holt & Co. (TPH).