Williams late Thursday said it is drawing up plans to build the first propane dehydrogenation (PDH) facility in Canada, which would give it room to increase its polymer-grade propylene production to serve a growing petrochemical market.
Tag / Continuing
SubscribeContinuing
Articles from Continuing
Fitch: Low Gas Prices Spell Trouble for Independent Power
Noting the continuing downward spiral of forward natural gas prices during the past four years, Fitch Ratings said it expects continued weakness in gas prices to spell potential trouble for many U.S. independent electricity generators. Fitch on Thursday released a report on U.S. power markets and generators.
California’s Monterey Shale A Potential Elephant, Analysts Say
Shale plays globally are a very good long-term asset and the continuing hype about the under-explored Monterey Shale in California is worthy of most of the superlatives, according to two analysts at Wood Mackenzie’s Houston office.
Pioneer Drilling: Market Softening; West Texas, Bakken Bright Spots
Lower prices for oil and natural gas liquids have led to softening in drilling services markets and caused Pioneer Drilling Co. to dial down its operations guidance for the second quarter, the company said Monday. However, the Permian Basin of West Texas and the Bakken Shale offer some bright spots.
State Oil and Gas Official Contradicts Wyoming Governor
Wyoming’s state oil/gas supervisor found himself Wednesday cross ways with Gov. Matt Mead regarding the continuing multi-governmental scrutiny of the federal Environmental Protection Agency’s (EPA) two test water wells in natural gas fields near Pavillion, WY. EPA initially identified a possible link between hydraulic fracturing (fracking) and local drinking water contamination.
Analysts See Shift in NGL Barrel Composition, Pricing
Natural gas liquids (NGL) prices have been under pressure for a while, but some might be caught off guard by continuing weakness in the NGL sector, cautioned analysts at Wells Fargo Securities in a note Tuesday.
Who Would’ve Thunk it: North Dakota No. 2 Oil Producer
Continuing its basement-to-the-penthouse rise in the energy sector, North Dakota’s latest oil/gas production statistics make the state that had no drilling rigs operating in 1999 now the second biggest oil producer in the nation, trailing only Texas.
Outlook: Northwest Gas Demand to Grow; Power Gen Driver
Even with a continuing slow recovery in the regional economy, natural gas demand is expected to grow steadily at just under 1% annually during the next 10 years, with gas used for power generation expected to lead the growth, according to the 2012 Gas Outlook released Saturday by the Northwest Gas Association (NWGA).
EOG’s ‘Big Four’ Plays Boost Oil, Liquids Production
First quarter performance from EOG Resources Inc.’s “big four” oil and liquids plays was substantial enough to raise this year’s total company liquids production growth target to 33% from 30% and increase the overall production growth target to 7% from 5.5%.
Bakken Rich: MDU Sees Oil Production Soar
Setting aside low natural gas prices and unseasonably warm weather in the first quarter, Bismarck, ND-based MDU Resources Group Inc. is riding the continuing Bakken Shale boom in its home state, growing its oil production 19% for the first three months of this year and increasing its working rig count from two to 10 for its exploration and production (E&P) unit over the most recent quarter-over-quarter period.