Coming

A Louisiana government official’s statement that the state will see a decrease in tax revenues in coming years due to natural gas drillers moving their operations from taxable areas in South Louisiana to tax-exempt fields in North Louisiana “could not be further from the truth,” according to Louisiana Oil & Gas Association (LOGA) President Don Briggs.

The coming year looks to be a positive one for oilfield service operators in North America, except in the Gulf of Mexico (GOM), where business may continue to be slow, energy analysts said last week.

The coming year looks to be a positive one for oilfield service operators in North America, except in the Gulf of Mexico (GOM), where business may continue to be slow, energy analysts said last week.

While there are probably no significant shale gas supplies coming out of Nevada any time soon, there are some longer-term prospects, and in the meantime state oil and gas stakeholders are keeping an eye on shale developments in the Rockies and Western Canada, according to a gas engineering specialist at the Nevada Public Utilities Commission (PUC).

Despite negative guidance coming from the screen’s 12.8-cent decline in December natural gas futures Friday, a vast majority of cash points traded Monday for Tuesday delivery moved higher — from a few cents to just more than a dime.

Is the bloom coming off the Haynesville Shale rose because of its drier-gas nature, with a few producers announcing recently they will be refocusing exploration and production (E&P) efforts into “oilier” plays such as Eagle Ford in South Texas (see Shale Daily, Nov. 5; Nov. 4; Oct. 7)?

If the natural gas industry can grab even 10% of the transportation fuel and electric generation sectors markets as an outlet for burgeoning production coming out of shale plays, it could be on the verge of a golden era, according to Range Resources Corp. CEO John Pinkerton.

In a year’s time, production from shale plays has gone from 6% of Calgary-based Talisman Energy Inc.’s North American gas production to 36%, the company said Tuesday.

Geothermal technology advances are in the works with some of them coming as an offshoot of oil/gas drilling advancements, and this renewable resource sector is on the verge of a big job creation spurt as a result, according to a report released Friday by the Geothermal Energy Association (GEA) at the start of its annual trade expo in Sacramento, CA.