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Burgeoning

Rail Transport ‘Critical’ to North Dakota, Officials Say

Rail Transport ‘Critical’ to North Dakota, Officials Say

While acknowledging that rail shipments are a vital part of the burgeoning Bakken Shale play, North Dakota energy officials on Monday refused to speculate on the eventual impact of the oil rail car derailment and fire in Quebec, Canada, on their state’s soaring production (see Shale Daily, July 16).

July 18, 2013
Enbridge Completes Bakken Pipe Project

Enbridge Completes Bakken Pipe Project

Enbridge Bakken Pipeline Co. Inc. has completed and placed in service its 77-mile Bakken Pipeline Project Canada, which connects to the Enbridge Pipelines Inc. (EPI) Mainline and carries crude oil from the Bakken Shale to North American refinery markets, Enbridge Energy Partners LP (EEP) and Enbridge Income Fund said Monday.

March 5, 2013

EIA Bumps 2013 Henry Hub Price Forecast Up to $3.49

With working natural gas inventories at a record high, the Henry Hub spot price is expected to average $2.77/MMBtu this year — a 31% decrease from $4.00/MMBtu in 2011 — but it is expected to rebound to an average of $3.49/MMBtu in 2013, the Energy Information Administration (EIA) said in its Short-Term Energy Outlook released last week.

November 12, 2012

Mexico Possible for U.S. Gas Exports, Says Consultant

North America’ burgeoning natural gas supplies have advantages beyond price for exporting to the global liquefied natural gas (LNG) markets, according to a Houston-based consultant. And Mexico could end up being a key part of the puzzle.

October 8, 2012

Consultant: U.S. Gas Export Options Include Mexico

North America’ burgeoning natural gas supplies have advantages beyond price for exporting to the global liquefied natural gas (LNG) markets, according to a Houston-based consultant. And Mexico could end up being a key part of the puzzle.

October 4, 2012
Shales Helped Push Natural Gas Production Up 1.74 Tcf in 2011

Shales Helped Push Natural Gas Production Up 1.74 Tcf in 2011

Inflated by production from the nation’s burgeoning shale plays, total gross withdrawals of domestic natural gas jumped to 28.58 Tcf in 2011, a 6.5% increase from 26.84 Tcf in 2010, and are on pace to easily surpass those numbers again this year, according to the U.S. Energy Information Administration’s Monthly Energy Review for September.

October 1, 2012

USGS: Ex-Shale, Onshore Reserve Growth May Add 291 Tcf

Reserve growth from 70 oil and natural gas accumulations in the United States — excluding both federal offshore areas and the nation’s burgeoning shale plays — has the potential to add 291 Tcf of natural gas, 32 billion bbl of oil and 10 billion bbl of natural gas liquids (NGLs) to domestic reserves, according to an estimate by the U.S. Geological Survey (USGS).

August 27, 2012

USGS: Non-Shale Onshore Could Add 291 Tcf to Reserves

Reserve growth from 70 oil and natural gas accumulations in the United States — excluding both Federal offshore areas and the nation’s burgeoning shale plays — has the potential to add 291 Tcf of natural gas, 32 billion bbl of oil and 10 billion bbl of natural gas liquids (NGLs) to domestic reserves, according to a new estimate by the U.S. Geological Survey (USGS).

August 15, 2012

North American Oil Supply Growth Reveals ‘Infrastructure Mismatches’

North America’s burgeoning unconventional oil supplies have created “considerable investment needs” because pipelines are in the “wrong place carrying crude in the wrong direction and/or transporting the wrong products,” according to a review by Ernst & Young LLP.

July 31, 2012

U.S. Chamber Tooting Shale’s Horn in Ohio’s Marcellus, Utica

A series of recent reports highlights the economic benefits of the burgeoning gas industry in eastern Ohio’s Utica and Marcellus shales and, according to the U.S. Chamber of Commerce, shale energy “has the potential to be an economic game-changer” for the state and the nation.

July 26, 2012
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