Conclude

The Arkansas Public Policy Panel (APPP) released a report last week outlining what it perceives are the potential risks over natural gas development in the Fayetteville Shale play, and listing recommendations to minimize those risks.

An expert in energy markets told a House committee Thursday that he does not believe there’s any “firm basis” to conclude excessive speculation or manipulation is driving crude oil prices to record levels.

FERC has given environmental clearance for Tarpon Whitetail Gas Storage LLC’s proposed natural gas storage facility to be sited in Aberdeen, MS.

The apparent lack of news concerning Utah’s energy resources could lead some to conclude that there’s not much happening in the Beehive state, but it’s actually buzzing with natural gas activity. Gas volumes don’t approach the numbers from better-known gas basins in Wyoming and Colorado, but with more producers exploring the Natural Buttes field in the Uinta Basin, the state issued a record 2,062 drilling permits in 2006, a 27% increase over the previous record set in 2005.

The apparent lack of news concerning Utah’s energy resources could lead some to conclude that there’s not much happening in the Beehive state, but it’s actually buzzing with natural gas activity. Gas volumes don’t approach the numbers from better-known gas basins in Wyoming and Colorado, but with more producers exploring the Natural Buttes field in the Uinta Basin, the state issued a record 2,062 drilling permits in 2006, a 27% increase over the previous record set in 2005.

Atlantic LNG circulated a statement to project partners last Wednesday saying that it is too early to conclude that the ongoing strike by workers who are building the facility’s 800 MMcf/d fourth LNG train in Trinidad will delay completion of the expansion project past December 2005.

Atlantic LNG circulated a statement to project partners Wednesday saying that it is too early to conclude that the ongoing strike by workers who are building the facility’s 800 MMcf/d fourth LNG train will delay completion of the expansion project past December 2005.

Looking at sharply higher Northeast prices by themselves, an observer would conclude that Thursday was a rampaging bull market for cash gas. But in the overall market context, non-Northeast quotes ranged from a few pennies higher to as much as 10-15 cents down at some western points. Either side of flat was the rule for a majority of the market.

A natural gas pipeline running from the Mackenzie Delta appears to be more likely in the near term than any pipeline from Alaska, according to a panel of industry executives who spoke at the Ziff Energy Group’s North American Gas Strategies Conference in Houston last week. Among those who concluded there will be a Canadian pipe first was a BP executive, whose company has been one of main proponents in moving Alaska gas south.