Claims by natural gas bears of a “new normal” in U.S. markets because of the unconventional resource revolution aren’t supported by the underlying data, according to Morningstar analysts Mark P. Hanson and Jason Stevens.
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Houston-based eCORP Stimulation Technologies LLC claims to have successfully tested a waterless hydraulic fracturing (fracking) fluid consisting solely of propane in Frio County, TX, in the Eagle Ford Shale. The test simulated conditions in the shale play at 5,950 feet, the company said.
A technologically advanced fuel tank for liquefied natural gas (LNG) trucks was unveiled Monday by British Columbia-based Westport Innovations Inc., which claims its latest advances allow fueling for even the largest LNG vehicles on a single tank with expanded range.
Chimera Energy Corp., which had seen its stock price increase substantially this summer based on its claims of a deal with Mexico’s state-owned petroleum company, has since lost both its CEO and almost all of its stock value in the wake of concerns about the accuracy of many of the company’s statements.
FERC Thursday approved D’Lo Gas Storage LLC’s proposal to build a 24 Bcf salt dome natural gas storage facility in South Central Mississippi, dismissing claims that the the addition of more storage capacity would harm incumbent operators in the region.
FERC last Thursday approved D’Lo Gas Storage LLC’s proposal to build a 24 Bcf salt dome natural gas storage facility in South Central Mississippi, dismissing claims that the the addition of more storage capacity would harm incumbent operators in the region.
Noble Energy Inc. has agreed to sell oil and natural gas properties in Kansas, including about 250 producing wells on approximately 14,000 net acres, to an affiliate of Citation Oil & Gas Corp. for $140 million as part of an ongoing divestiture plan, the Houston-based company said Monday.
The Environment Protection Agency (EPA) said it would “review and consider” an industry report’s claims that the agency has significantly overestimated methane emissions from natural gas well operations, particularly from unconventional wells using hydraulic fracturing. It contends, however, that its emissions estimates are based on the best data available.
The Environmental Protection Agency (EPA) has defended itself against claims made in an industry report that it has overestimated methane emissions from natural gas well activities by more than 50%.
The Sierra Club is making a last ditch effort to derail exports of liquefied natural gas (LNG) by Cheniere Energy Inc.’s Sabine Pass LNG, and what it claims will be the consequent expansion of hydraulic fracturing (fracking) well stimulation activities should exports go forward.