The U.S. Environmental Protection Agency (EPA) is operating under a “misperception of initial production from gas wells,” which “has led to a drastic overestimate of methane emissions from hydraulically fractured [fracked] natural gas wells,” according to Darren Smith, environmental manager for Devon Energy Corp.
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Cabot to Meet Quarterly Output Guidance
Cabot Oil & Gas Corp. has stopped hydraulic fracturing (hydrofracing) of its natural gas wells in Susquehanna County, PA, until it completes a state-ordered compliance plan, but the independent said last week it still expects to meet its production guidance in 3Q2009.
Cabot Expects to Meet Quarterly Production Guidance
Cabot Oil & Gas Corp. has stopped hydraulic fracturing (hydrofracing) of its natural gas wells in Susquehanna County, PA, until it completes a state-ordered compliance plan, but the independent said it still expects to meet its production guidance in 3Q2009.
Williams to Add More Rigs to Piceance with Bolt-on Acquisition
Williams plans to incrementally add drilling rigs to its Piceance Basin operations beginning late this year once it completes a bolt-on acquisition from a private company, the company said Monday. The properties, which Williams will buy for $258 million, hold an estimated 795 Bcfe of net reserves.
Bentek: Gas Pipes Gird for Battle in Northeast Market
A fierce interregional battle is set to rage in June, when the Rockies Express Pipeline (REX) East, carrying up to 1.6 Bcf/d, completes its march into Lebanon, OH. REX East will face an onslaught of gas pouring in from Midcontinent shale and tight gas production, as well as Appalachia’s Marcellus Shale, Evergreen, CO-based Bentek Energy LLC said last week.
Bentek: Gas Pipes Gird for Battle in Northeast Market
A fierce interregional battle is set to rage by June, when the Rockies Express Pipeline (REX) East, carrying up to 1.6 Bcf/d, completes its march into Lebanon, OH. REX East will face an onslaught from Midcontinent shale and tight gas production as well as Appalachia’s Marcellus Shale, Evergreen, CO-based Bentek Energy LLC said Tuesday.
TransCanada To Gain Control of Tuscarora Gas Transmission
TransCanada Corp. would become the operator of and control 100% of the Tuscarora Gas Transmission Co. after TC PipeLines LP completes a deal announced last week to buy Sierra Pacific Resources’ 50% interest in Tuscarora for US$100 million. The deal follows recent transactions that will make TransCanada the operator of the Northern Border Pipeline next year.
TransCanada To Gain Control of Tuscarora Gas Transmission
TransCanada Corp. would become the operator of and control 100% of the Tuscarora Gas Transmission Co. after TC PipeLines LP completes a just-announced deal to buy Sierra Pacific Resources’ 50% interest in Tuscarora for US$100 million. The deal follows recent transactions that will make TransCanada the operator of the Northern Border Pipeline next year.
Devon Completes $330 Million Midstream Divestiture Program
Devon Energy Corp. said last week that it has completed its three year program to divest non-core midstream assets. The program, which began in 2002, involved nine separate transactions.
Devon Completes $330 Million Midstream Divestiture Program
Devon Energy Corp. said Thursday that it has completed its three year program to divest non-core midstream assets. The program, which began in 2002, involved nine separate transactions.