Steel manufacturer Nucor Corp. said it will spend more than $700 million during a two-year period on natural gas drilling in order to meet its contractual obligations with Encana Corp. for a supply of low-cost natural gas.
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BLM Issues Revised Draft Fracking Rules
Calling them a common sense approach that will complement state efforts, U.S. Interior Secretary Sally Jewell and Bureau of Land Management (BLM) officials Thursday unveiled revised draft rules for hydraulic fracturing (fracking) on all federal and Indian lands. The draft rules will now go through a 30-day public comment period.
FERC’s Clark Says States Best Equipped to Regulate Fracking
Tony Clark may have traded in his state regulator’s hat for a seat at FERC, but he has not changed his opinion that states are better equipped to oversee the regulation of hydraulic fracturing (fracking) than the federal government.
FERC’s Clark Believes States Are Best Equipped to Regulate Fracking
Tony Clark may have traded in his state regulator’s hat for a seat at FERC, but he has not changed his opinion that states are better equipped to oversee the regulation of hydraulic fracturing (fracking) than the federal government.
Encana U.S. Liquids Output Set to Double This Year
Liquids-rich onshore plays from a stable of better-known assets, including the San Juan Basin, and an emerging portfolio of unconventionals will “almost double” domestic liquids production this year, Encana Corp. U.S. chief Jeff Wojahn said Tuesday.
Northwest in Doldrums; Growth Slow for Avista
With significantly reduced profits for 4Q2012 and all of last year, Spokane, WA-based Avista Corp. senior management pledged Wednesday to better manage costs at its utility and related operations, and to push for more growth initiatives this year, including the spread of natural gas for use in transportation.
Potential $500M Drilling Deal for Pittsburgh Airport Approved
In a split decision, the Allegheny County Council voted on Tuesday to accept a deal with Consol Energy Inc. for Marcellus Shale natural gas drilling rights at Pittsburgh International Airport.
Board OKs $500M Consol Deal for Pittsburgh Airport Drilling
Allegheny County Airport Authority (ACAA) board members Friday unanimously approved a deal with Consol Energy Inc. for Marcellus Shale natural gas drilling rights at Pittsburgh International Airport. The arrangement could be worth $500 million over the next 20 years.
Ziff: U.S Gas Output Rises 2 Bcf/Year Through 2020
Net production among all the major U.S. natural gas production basins will grow at a rate of better than 1% annually, or 2 Bcf/year, through 2020, according to a report by Calgary-based consultant Ziff Energy Group. The report looked at 17 major gas-producing areas, including the Gulf of Mexico (GOM).
Ziff Energy: U.S Gas Production to Keep Growing
Net production among all the major U.S. natural gas production basins will grow at a rate of better than 1% annually, or 2 Bcf/year, through 2020, according to a new report by Calgary, Alberta-based consultant Ziff Energy Group. The report, released last Monday, looks at 17 major gas-producing areas, including the Gulf of Mexico (GOM).