U.S. natural gas prices are set to rise beyond current market expectations, climbing by about 50% between 2011 and 2020, or 4% per year, to surpass $8/MMBtu, according to a new report by the Deloitte Center for Energy Solutions.
Beyond
Articles from Beyond
Halliburton CEO Sees Obstacles to Overseas Shale Development
Shale drilling beyond North America may be moving at a snail’s pace but the opportunities for oilfield service operators overseas are “fantastic and phenomenal,” according to Halliburton Co. CEO Dave Lesar.
Marcellus Shale Coalition Sees Vindication in EIA, USGS Data
Production data issued by the Energy Information Administration (EIA) Tuesday — which indicated that increased drilling in the Marcellus Shale has been the leading force in the growth of natural gas production in the northeastern United States — combined with a recent U.S. Geological Survey (USGS) report, demonstrates that the Marcellus Shale is hardly the shrinking violet some mainstream media reports have claimed, according to the Marcellus Shale Coalition (MSC).
Transportation Notes
Florida Gas Transmission did not extend an Overage Alert Day beyond Friday.
Transportation Notes
Florida Gas Transmission did not extend an Overage Alert Day beyond Thursday, but Gulfstream, another pipeline serving the Florida market, said actual deliveries from its system recently were exceeding receipts and it was experiencing low linepack levels as a result. Thus Gulfstream issued an Action Alert Friday requiring shippers to keep imbalances flat “regardless of whether any operational variation is allocated to an operational balancing agreement for later imbalance resolution.” See the bulletin board for further details.
Transportation Notes
Southern California Gas did not extend a two-day high-linepack OFO beyond Saturday.
Transportation Notes
Southern California Gas did not extend a high-linepack OFO beyond Sunday’s Intraday cycle nominations. However, although the e-mail notice did not get sent until late afternoon Central time, it issued a new high-linepack OFO for Tuesday with a 10% tolerance for positive daily imbalances.
Transportation Notes
Southern California Gas did not extend a high-linepack OFO beyond Wednesday,
Transportation Notes
Southern California Gas did not extend a high-linepack OFO beyond Saturday.
Transportation Notes
Southern California Gas did not extend a high-linepack OFO beyond Saturday.