Boom

In today’s depressed natural gas and power markets, any hopes of a solar building boom have been dashed as evidenced by the latest moves at Edison International’s utility. Southern California Edison (SCE) has decided to cut its utility investment in rooftop solar systems in half, according to the parent company CEO Ted Craver, speaking on a conference call Monday in which Edison reported increased profits year over year and flat results for the fourth quarter last year.

Ohio will devote time and effort to take part in the Marcellus Shale drilling boom, Gov.-elect John Kasich said last week.

Shale gas basins are responsible for North America’s gas boom, but it’s producer joint ventures (JV) that are in part responsible for the seemingly relentless drilling in a low-price environment. JVs with drilling carries will help support drilling activity, supporting a rig count that will “only fall modestly in 2011,” Barclays Capital analysts said Tuesday.

Shale gas basins are responsible for North America’s gas boom, but it’s producer joint ventures (JV) that are in part responsible for the seemingly relentless drilling in a low-price environment. JVs with drilling carries will help support drilling activity, supporting a rig count that will “only fall modestly in 2011,” Barclays Capital analysts said last week.

The unconventional gas boom continues, despite lower commodity prices, and it has contributed significantly to gas reserve growth, according to the latest U.S. exploration and production (E&P) benchmark study by Ernst & Young (E&Y).

The unconventional gas boom continues, despite lower commodity prices, and it has contributed significantly to gas reserve growth, according to the latest U.S. exploration and production (E&P) benchmark study by Ernst & Young (E&Y).

Modest power demand growth and the rise of renewable energy, particularly wind, could signal the end of the boom times for gas-fired power generation, analysts at Barclays Capital said in a research note.

The drilling boom in the Gulf Coast and Midcontinent regions probably will end up stifling liquefied natural gas (LNG) import growth but won’t come close to filling up the plethora of proposed gas pipelines, according to a new study by New York City-based consulting firm PIRA Energy Group and El Paso-based Lippman Consulting Inc. (LCI).

The drilling boom in the Gulf Coast and Midcontinent regions probably will end up stifling liquefied natural gas (LNG) import growth but won’t come close to filling up the plethora of proposed gas pipelines, according to a new study by New York City-based consulting firm PIRA Energy Group and El Paso-based Lippman Consulting Inc. (LCI).