Claims

No ‘New Normal’ for U.S. Natural Gas Markets, Says Morningstar

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.

January 16, 2013

Waterless Fracking Fluid Tested in Eagle Ford

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.

January 10, 2013

Westport Touts LNG Truck Tank Advances

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.

November 29, 2012

Chimera’s Non Hydraulic Extraction System Still Under Fire

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.

November 20, 2012

FERC Approves Mississippi Storage Facility

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.

September 10, 2012

Mississippi Gas Storage Facility Gains OK

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.

September 10, 2012

Noble Continues Noncore Sales, Ramps up Denver-Julesburg

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.

August 14, 2012

EPA to ‘Review, Consider’ Industry Report on Methane Emissions

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.

June 6, 2012

EPA Defends Itself Against Industry Methane Emissions Report

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%.

June 6, 2012

Sierra Club Files ‘Public Interest’ Protest Against LNG Export

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.

April 23, 2012