Burgeoning

A steady increase in production from the burgeoning Haynesville Shale of northwestern Louisiana will be offset by moderating activity in other producing regions, significant midstream bottlenecks and a lower futures curve, making an imminent natural gas supply glut unlikely, according to MorningStar analyst Eric Chenoweth.

The rapidly emerging shale gas plays across North America come at a higher cost than conventional resources, but this burgeoning supply could hold the line against the even higher prices of imported liquefied natural gas (LNG), a ConocoPhillips executive told the GasMart 2008 audience last week.

The rapidly emerging shale gas plays across North America come at a higher cost than conventional resources, but this burgeoning supply could hold the line against the even higher prices of imported liquefied natural gas (LNG), a ConocoPhillips executive told the GasMart 2008 audience last week.

With 80% of its production tied to natural gas, EnCana Corp. is turning its back on Alberta and instead will zero in on its burgeoning gas plays in Wyoming and Texas with an eye to build its North American gas output by 7% in 2008. The Calgary-based producer also plans to advance its Deep Panuke gas project offshore Nova Scotia.

With 80% of its production tied to natural gas, EnCana Corp. said Wednesday it will turn its back on Alberta and instead zero in on its burgeoning gas plays in Wyoming and Texas with an eye to build its gas output in North America by 7% in 2008. EnCana also said it plans to advance its Deep Panuke gas project offshore Nova Scotia.

To take advantage of the burgeoning natural gas volumes flowing from Colorado, El Paso Pipeline Partners LP plans to expand its Wyoming Interstate Co. (WIC) Piceance Basin lateral pipe, and additional capacity may be available by late next year.

Kinder Morgan Energy Partners LP last Monday announced plans to build a $72 million intrastate pipeline to transport natural gas supplies out of the burgeoning East Texas production area to markets in the Houston and Beaumont region.

Kinder Morgan Energy Partners LP said Monday it plans to build a $72 million intrastate pipeline to transport natural gas supplies out of the burgeoning East Texas production area to markets in the Houston and Beaumont region.

Gaining some national attention from energy and environmental agencies, California’s burgeoning central valley city of Fresno has developed a clean transportation fleet and solar energy program under Mayor/actor Alan Autry and Gov./actor Arnold Schwarzenegger. Fresno boasts one of the cleanest city-operated transportation fleets and a 665-kWh solar photovoltaic (PV) system at its municipal service center.