Chance

San Juan’s Mancos Generates Some Excitement

Calgary-based Encana Corp. and Denver-based Bill Barrett Corp. are stirring up interest in New Mexico’s San Juan Basin, where they are working separately with area drillers to explore in the Mancos Shale.

September 19, 2012

Industry Briefs

Energy patch communications services provider Texas Energy Network LLC (TEN) has purchased from Verizon Wireless lower 700 MHz A and B block wireless spectrum in the Eagle Ford Shale region of South Texas. The wireless spectrum encompasses 28 counties and will allow TEN to offer service over the entire Eagle Ford Shale play, the company said. “…[I]t will allow us to provide a much needed service to our customers who have been requesting improved communications services in the oilfield for some time,” said TEN CEO Gregory M. Casey. “We intend to build-out our wireless coverage of the Eagle Ford shale region with a 4G LTE network as soon as possible to bring high-speed bandwidth to the region.” The company is currently building a network in the Permian Basin as well. Separately, communications provider ERF Wireless said in April it hired a contractor to build out two high-speed wireless broadband networks in two separate areas of the Permian Basin region adjacent to existing ERF Wireless networks. In addition, ERF Wireless is using its own crews to construct three new networks that are near the extensive terrestrial wireless network system already owned and operated by ERF Wireless in Texas, New Mexico and Oklahoma. ERF is active in the Eagle Ford as well (see Shale Daily, Jan. 13, 2011).

May 30, 2012

BLM Nixes Requirement on Advance Reporting of Fracking Fluids

As producers turned up the volume on their opposition to the federal government’s regulation of hydraulic fracturing (fracking) on public lands, they caught a break in the long-awaited proposed rule that Interior Department’s Bureau of Land Management (BLM) issued Friday.

May 7, 2012

Private Equity Eyeing Distressed Gas Assets, Says PwC

Private equity opportunists that took a chance on distressed U.S. natural gas assets helped to sustain merger and acquisition (M&A) activity in the U.S. oil and gas sector in the first three months of this year, according to PwC US.

May 7, 2012

Shale Gas Could Doom New Brunswick Government, Expert Warns

When voters in New Brunswick went to the polls last September, they were still fuming over the incumbent Liberal government’s failed attempt to sell the province’s public utility. Premier David Alward and the Progressive Conservative party were able to harness that dissatisfaction and won the 2010 election in a landslide.

September 2, 2011

Northeast Dives at Odds With General Firmness

Subfreezing lows will be left in the wake of an icy coastal storm moving out to sea, but Northeast residents will no doubt welcome the chance to finish cleaning up in relatively dry conditions after the devastating blizzards in the middle of last week. Thus Northeast citygates took nearly all of Tuesday’s price hits ranging from about 40 cents to the $1.50 area (the Florida citygate chipped in with a loss of about a nickel).

January 19, 2011

Correction

In the article “Slim Chance of Severance Tax in Pennsylvania” (see Daily GPI, Sept. 10), NGI incorrectly named the Republican candidate for Pennsylvania governor. His name is Tom Corbett. NGI regrets the error.

September 13, 2010

Mackenzie Pipeline Dodges Attempt to Splinter Project

An abrupt defeat has been dealt to an attempt to stunt Canada’s Arctic natural gas pipeline and production project before it has a chance to grow.

May 24, 2010

Mackenzie Project Dodges Bullet

An abrupt defeat has been dealt to an attempt to stunt Canada’s Arctic natural gas pipeline and production project before it has a chance to grow.

May 24, 2010

Natgas to Transform Transportation Market? Slim Chance, Say Execs

On one side of the country, ExxonMobil Corp. CEO Rex Tillerson Thursday cast doubts on whether natural gas stands much of a chance to penetrate the U.S. transportation market (see Daily GPI, March 12). Meanwhile, at the annual CERAWeek conference in Houston, auto and energy executives mostly expressed pessimism about how big the market might become.

March 15, 2010