Pipeline capacity constraints in the crowded Permian Basin won’t lead to any sharp pullback but they have led to opportunities elsewhere in the U.S. onshore, many of the largest domestic producers said last week.
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Halliburton CEO Cites Lack of ‘Customer Urgency’ in North America; 3Q Outlook Cut
U.S. onshore well completions expert Keane Group Inc. joined Halliburton Co. this week in reducing third quarter forecasts on less demand than anticipated, with customer drilling efficiencies beginning to level off.
Debate on Energy Issues Expected as Tax Reform Heads to Conference
With comprehensive tax reform winning passage in the Republican-controlled Senate on Saturday, lawmakers in the House, where the GOP also holds sway, are preparing to hold conference committee talks to iron out differences, including on energy issues, between bills passed in the House and Senate.
Tellurian’s Souki Offers Japan Fixed-Price $8/MMBtu LNG Beginning in 2023
Tellurian Inc. Chairman and liquefied natural gas (LNG) pioneer Charif Souki told a Japanese audience Tuesday that he would sell them LNG at a fixed $8/MMBtu beginning in 2023, according to press reports.
Midstream Execs See Rebound Gaining Steam on Demand Growth, Trump Presidency
The pendulum was seen swinging back in a more prosperous direction for the country’s midstream and upstream operators during presentations and discussions at an industry conference in Pittsburgh on Wednesday and Thursday.
Brief — FERC Technical Conference
The Federal Energy Regulatory Commission has scheduled a technical conference at its Washington, DC, headquarters Sept. 30 on California Independent System Operator Corp.’s proposal to implement an interim set of measures to address limitations in the natural gas delivery system due to limited operability of the Aliso Canyon storage facility (see Daily GPI, May 19). FERC directed its staff to schedule a technical conference to assess the effectiveness of the CAISO stopgap measures, and to determine if longer-term changes will be warranted, when it approved market changes proposed by CAISO last month (see Daily GPI,June 2). The conference will be transcribed and webcast. A link to the webcast will be available in the Commission calendar of events atwww.ferc.gov.
FERC Probes of Four NatGas Pipelines Moving Forward; One Agreement ‘Imminent’
FERC’s investigations into whether four interstate natural gas pipelines set unreasonable rates to recoup costs are moving forward, and an agreement on one of the four cases appears imminent, according to documents filed with the regulatory agency.
Murkowski Says Time, Calendar Biggest Obstacles to Omnibus Energy Bill
After the Senate’s passage of an omnibus energy bill on Wednesday, U.S. Sen. Lisa Murkowski (R-AK), who chairs the Senate Energy and Natural Resources Committee, said she thought the calendar was the biggest obstacle to getting the legislation across the finish line.
Murkowski Says Time, Calendar Biggest Obstacles to Omnibus Energy Bill
After the Senate’s passage of an omnibus energy bill on Wednesday, U.S. Sen. Lisa Murkowski (R-AK), who chairs the Senate Energy and Natural Resources Committee, said she thought the calendar was the biggest obstacle to getting the legislation across the finish line.
State/Federal Regulators Offer Views on Redesigning Retail, Wholesale Energy Markets
The chairman of the Commodity Futures Trading Commission, several FERC commissioners and numerous state public utility commissioners, along with electric power and natural gas company representatives will be offering their views on “Redesigning Wholesale and Retail Energy Markets” at a two-day conference April 29-May 1 in Washington, DC.