Tag / Came



Obama’s Climate Plan Tough on Coal, Supports NatGas

President Obama’s much-anticipated climate action plan, which was rolled out last Tuesday, came down hard on coal-fired plants, while promoting renewable fuels along with fuel switching from coal to natural gas, a global market for natural gas, and the adoption of heavy-duty natural gas vehicles.

July 8, 2013
Report Says CHP Scenario Could Boost U.S. NatGas Demand by 4.42 Tcf/Year

Report Says CHP Scenario Could Boost U.S. NatGas Demand by 4.42 Tcf/Year

Expanded use of combined heat and power (CHP) for making electricity could, under one scenario, boost natural gas demand in the United States by as much as 4.42 Tcf/year, according to a report commissioned by the American Gas Association (AGA).

June 3, 2013
Eagle Ford Oil Production Poised to Be a Bakken Beater

Eagle Ford Oil Production Poised to Be a Bakken Beater

As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.

May 31, 2013

Antero’s Marcellus-Focused Output Triples

Antero Resources LLC, the Appalachian Basin-focused powerhouse powered by private equity giant Warburg Pincus, said Monday net production in 1Q2013 jumped 114% year/year and increased 21% sequentially, primarily driven by 24 new wells brought online in the Marcellus Shale.

May 14, 2013
Marathon Petroleum ‘Optimistic’ on Utica Condensate Plans

Marathon Petroleum ‘Optimistic’ on Utica Condensate Plans

Although condensate production in the Utica Shale is occurring at a slower-than-anticipated pace, Marathon Petroleum Corp. (MPC) said it has completed the conceptual engineering for condensate splitters at its refineries in Kentucky and Ohio, part of a $300 million investment to put the company in position to handle increasing volumes in the future.

May 3, 2013

Range Achieves Record 4Q Output

Range Resources Corp. last week said production volumes in 4Q2012 hit a record 844 MMcfe/d, 35% higher year/year, which came in large part to oil and natural gas liquids (NGL) growth in unconventional plays, presumably the Marcellus Shale and the Mississippian Lime.

January 21, 2013

Groups Attack Gas Pipe Projects in Courts, at FERC

Natural gas pipeline expansion projects came under attack last week in the courts and at FERC, including a New Jersey group of pipeline opponents that petitioned a federal appeals court in Washington, DC, to review Commission orders with respect to Spectra Energy’s New Jersey-New York Expansion. Tennessee Gas Pipeline and Transcontinental Gas Pipe Line (Transco) projects were the favorite target of environmentalists as well.

December 10, 2012
Shale Gas Needs Infrastructure Investment, KKR Exec Says

Shale Gas Needs Infrastructure Investment, KKR Exec Says

Tapping all of the potential in U.S. shale natural gas isn’t a given; it requires changes to, and investment in, basic energy infrastructure, including an expansion of the U.S. pipeline and storage network, according to KKR & Co. LP.

November 14, 2012

Tennessee Seeks to Place Entire Northeast Project in Service

Tennessee Gas Pipeline Co. Monday sought authorization to place the remaining portion of its Northeast Supply Diversification (NSD) Project in service on Nov. 1. The request came only days after the Federal Energy Regulatory Commission approved the start-up of a portion of the NSD facilities to provide service to three shippers beginning Oct. 1 (see Shale Daily, Sept. 24).

October 2, 2012

Fifth Circuit Rules Against Chesapeake in Canceled Texas Lease Deal

The U.S. Court of Appeals for the Fifth Circuit in New Orleans has ruled against Chesapeake Energy Corp. in its bid to reverse a $19.7 million judgment over a canceled oil and gas lease offer in Texas, a decision that may hold implications on canceled lease claims by mineral rights owners in several other states.

September 14, 2012
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