Higher natural gas and oil resource estimates should continue through 2013 for several onshore unconventional areas, especially in “pockets of the Permian Basin,” the Niobrara formation, as well as the Eagle Ford and “super-rich” Marcellus and Utica shales, according to Credit Suisse.
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Articles from Change
New Name, Reforms Proposed for Texas Regulator
With seemingly more oil and gas development going on in Texas than ever, perhaps it’s time to finally change the name of the state’s principal regulator of the industry to something that reflects its purpose, something other than Railroad Commission of Texas (RRC).
Pennsylvania DEP Issues Disclaimer After Production Data Hiccups
Following a few reporting snafus in its biannual oil and natural gas production report released in August, the Pennsylvania Department of Environmental Protection (DEP) has added a click-through disclaimer notice on the Marcellus Shale production section of its website noting that the agency “expressly disclaims any liability for errors or omissions related to the production data” contained within the reports.
Obama Energy Cabinet to Get New Blood in Second Term
Reports that President Obama may shake up his energy cabinet are making the rounds in Washington, DC, but it’s unlikely there will be any major change in energy policy if this occurs.
Judge Orders Pennsylvania to Stop Reviewing Local Drilling Ordinances
A Pennsylvania judge ruled that the state Public Utility Commission (PUC) had no authority to review local drilling ordinances for compliance with Act 13, a decision that could force the agency to release nearly $1 million in impact fee revenue withheld for noncompliance.
EIA: Higher Natural Gas Bills for Households This Winter
Households heating with natural gas will spend an average of 15% more this winter than last year due to the anticipated colder heating season, slightly higher residential gas prices and an increase in demand, according to the Energy Information Administration’s (EIA) Short-Term Energy and Winter Fuels Outlook that was released last Wednesday.
Alliance Offers Natural Gas Deal for BC-to-Chicago Route
Two years after shippers sent a message that they wanted a change, Alliance Pipeline Ltd. last week proposed a new deal to deliver natural gas on its 1,855-mile route between northeastern British Columbia (BC) and Chicago.
Alliance Proposes Natural Gas Deal for BC-to-Chicago Route
Two years after shippers sent a message that they wanted a change, Alliance Pipeline Ltd. on Wednesday proposed a new deal to deliver natural gas on its 1,855-mile route between northeastern British Columbia (BC) and Chicago.
EIA: Higher Natural Gas Bills for Households This Winter
Households heating with natural gas will spend an average of 15% more this winter than last year due to the anticipated colder heating season, slightly higher residential gas prices and an increase in demand, according to the Energy Information Administration’s (EIA) Short-Term Energy and Winter Fuels Outlook that was released Wednesday.
EIA: U.S. Gas Consumption to Grow, Marketed Output to Slow
The Energy Information Administration (EIA) on Wednesday said domestic natural gas consumption is on track to grow this year, while marketed production will slow.