Bounty

U.S. Sen. Richard Lugar (R-IN) Wednesday said the United States should use its natural gas bounty to export liquefied natural gas (LNG) to NATO countries to help them reduce their reliance on natural gas supplied by Russia and Iran, thereby bolstering U.S. national security.

Shale natural gas produced in the Northeast will supply more than 80% of the physical gas going to New York City by 2025, according to ICF International.

Enterprise Products Partners LP plans to build one of the world’s largest propane dehydrogenation (PDH) units on the Texas Gulf Coast to take advantage of abundant supplies of propane thrown off by shale gas plays and to address periodic shortages of propylene in the region.

U.S. resource plays that are spewing out natural gas and oil have virtually cleared producer calendars of speculative drilling and made for an energy supply bounty that is becoming the envy of numerous companies around the world, speakers at a Houston energy conference said.

Bulging natural gas liquids (NGL) supplies in the Midcontinent have prompted a plan to carry the bounty to more lucrative Gulf of Mexico region markets.

The Marcellus Shale is a lot to handle with its huge gas bounty, projected economic expansion, and attendant development issues, which can pit the energy industry, landowners, residents, politicians and others against one another. To smooth the path to Marcellus development in Pennsylvania, Penn State has formed the Marcellus Center for Outreach and Research (MCOR).

The Marcellus Shale is a lot to handle with its huge gas bounty, projected economic expansion, and attendant development issues, which can pit the energy industry, landowners, residents, politicians and others against one another. To smooth the path to Marcellus development in Pennsylvania, Penn State has formed the Marcellus Center for Outreach and Research (MCOR).

Thanks to the Bakken Shale, North Dakota oil production set a record last year; however, the oil bounty also drove up the flaring of associated gas to a high of more than one-third of production last December, according to the state’s Department of Mineral Resources (DMR).

Thanks to the Bakken Shale, North Dakota oil production set a record last year; however, the oil bounty also drove up the flaring of associated gas to a high of more than one-third of production last December, according to the state’s Department of Mineral Resources (DMR).