Two top energy lawmakers in the Senate confirmed last week that the long-awaited second part of a Department of Energy (DOE) report on the economic impact of exporting domestically produced natural gas will likely be released before the end of the year, and that the results will be favorable to gas exports. Congress was called on to express its support for gas exports.
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Industry Brief
Calpine Corp. has confirmed that it plans to develop a 309 megawatt natural gas-fired generation plant in Delaware and continue its efforts to switch from coal to gas in the portfolio it obtained when it acquired Conectiv Energy’s generation fleet from Pepco Holdings Inc. in a $1.3 billion deal two years ago (see Daily GPI, Aug. 2, 2010). Calpine said the completion of the Garrison Energy Center in Dover, DE, depends upon “continued successful development milestones,” but Calpine is “committed to proceed with full-scale development efforts.” Calpine CEO Jack Fusco said Calpine voluntarily eliminated the coal-fired plants among the 19 facilities it purchased from Pepco, and the Garrison plant development is the next step in that commitment.
Internal Investigation Clears Encana of Collusion
Encana Corp.’s board of directors has concluded that the producer did not collude with “competitors” on land leasing in Michigan two years ago.
Devon Completes Fourth Tuscaloosa Marine Shale Well
Devon Energy recently completed its fourth horizontal well in the Tuscaloosa Marine Shale (TMS) and the initial production test figures show the strongest oil production results of the company’s TMS wells drilled to date” at 384 b/d, according to the Louisiana Department of Natural Resources (DNR).
Senate Approves FERC, EIA Nominations
The Senate late Thursday confirmed by voice vote the nominations of Tony Clark and John Norris to FERC and Adam Sieminski to head the Energy Information Administration (EIA).
Senate Approves FERC, EIA Nominations
The Senate late Thursday confirmed by voice vote the nominations of Tony Clark and John Norris to the Federal Energy Regulatory Commission and Adam Sieminski to head the Energy Information Administration (EIA).
TMS Well Flows at More Than 1,000 boe/d
Goodrich Petroleum Corp. Wednesday confirmed that a recently drilled well in the Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi had an initial flow rate exceeding 1,000 boe/d.
Heidelberg Appraisal Well Confirms Field’s Extension, Says Anadarko
A sidetrack appraisal well at the Heidelberg prospect in the deepwater Gulf of Mexico (GOM) has successfully confirmed an extension of up to 1,500 acres, an Anadarko Petroleum Corp. executive said Thursday.
Encana Hunts for North American Drilling Partners
Calgary-based Encana Corp. confirmed last week that it is looking for a partnership to help finance some of its North American oil and liquids-rich opportunities.
Shale Gas Drilling Backlog Grows, Says Societe Generale
A well count “evolution” is taking place across the United States because the “cost of opportunity of drilling shale gas is growing,” said Societe Generale analysts in a note to clients.