Case

A decade from now, North American (Canada, Alaska and Lower 48) exports of liquefied natural gas (LNG) will be about 10 Bcf/d, according to the base case of a new LNG export analysis.

Pacific Gas and Electric Co. (PG&E) was vindicated Wednesday in a recent whistleblower’s case, which alleged negligence by the utility in its handling of pipe welds on critical parts of its 6,000-mile natural gas transmission system.

The four top natural gas producing states in the Lower 48 states — Texas, Oklahoma, Louisiana and Wyoming — are collecting severance taxes on their dry gas of between 14.7 and 18.5 cents/Mcf based on recent gas prices, according to a review of regulations and taxes by Washington, DC-based Resources for the Future’s Center for Energy Economics and Policy (CEEP).

All but two of Encana Corp.’s 35 shut-in natural gas wells were back in service Tuesday in the Piceance Basin as the danger from the Pine Ridge fire along the Western Slope in Colorado continued to subside. The two remaining shut-in wells are “low-producing” and located in the north end of the Piceance, an Encana spokesperson told NGI.

The well-worn paths for global natural gas, traditionally traced along the trade flows of liquefied natural gas (LNG) expansions, have been rerouted as unconventional gas — and especially shale — has washed out old bridges to the past, according to a report by the International Gas Union (IGU) and IHS Inc.

Making a case for a proposed $6 billion joint venture liquefied natural gas (LNG) export facility at the company’s under-used Cameron LNG site in Louisiana, Sempra Energy senior executives said there are limits to the global LNG market and Sempra’s proposed project, now fully subscribed, will be competitive.

Two new reports by top international research companies have come in on the high side of the great Marcellus resources debate, producing estimates that range between 267 Tcf and 698 Tcf of possible production.

Where natural gas prices are concerned, last year’s “worst case” (gas below $3/Mcf) is this year’s “reality,” and the outlook for the net 12-24 months is “exceedingly ugly,” according to the buzz at Raymond James & Associates Inc.’s recent Institutional Investors Conference.

Where natural gas prices are concerned, last year’s “worst case” (gas below $3/Mcf) is this year’s “reality,” and the outlook for the net 12-24 months is “exceedingly ugly,” according to the buzz at Raymond James & Associates Inc.’s recent Institutional Investors Conference.