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Alliance Plans Williston Basin Lateral

Alliance Pipeline LP said Hess Corp. has contracted for capacity on a North Dakota pipeline lateral and associated facilities it plans to construct to carry liquids-rich gas from the Williston Basin.

June 24, 2011

Mexico to Need More U.S. Gas, Analysts Say

The United States can count on selling a growing sliver of its natural gas production to Mexico as the country’s reliance on gas-fired power generation grows, domestic oil production overshadows that of gas, and liquefied natural gas (LNG) tankers spurn the country’s terminals for more lucrative markets, Barclays Capital analysts said Tuesday.

June 24, 2011

Shreveport, LA Takes a Bow, Thanks Haynesville for Jobs

It’s a long way from New York City to Shreveport, LA, in more ways than one, but that distance was bridged recently when a Gotham-based news website gave props to the capital of the Ark-La-Tex for its hospitality to recent college graduates. In other words, there are jobs down there, the Yankees heard. And that’s thanks mainly to the Haynesville Shale.

June 13, 2011

Air Group Claims Barnett Emissions Costing Industry

The value of fugitive natural gas and condensate air emissions in the Barnett Shale of North Texas is about $52 million a year, according to research paid for by a clean air group, which asserts that “simple air pollution control devices” would capture this lost revenue if they were installed in the nine-county nonattainment area around Dallas-Fort Worth (DFW).

June 7, 2011

Beware of Haynesville Decline, Economist Warns Parishes

Louisiana parishes overlying the Haynesville Shale “are awash in money;” others, not so much, an economist told NGI’s Shale Daily. As producers set their sights on more lucrative shale plays — the Marcellus and Eagle Ford, for instance — beneficiaries of the North Louisiana shale boom would be wise not to build the shale revenue into their budgets, he said.

May 26, 2011

U.S. Geological Survey to Perform Bakken Assessment

Federal officials said the U.S. Geological Survey (USGS) will begin a two-year study of the Bakken Formation in October to obtain a better estimate of undiscovered, technically recoverable oil and gas contained in Montana and North Dakota portions of the shale play.

May 24, 2011

Barclays: U.S. LNG Can Compete

Proposed North American natural gas liquefaction projects have been popping up like dandelions over the last several months. By the count of Barclays Capital analysts, there are now nine proposals to liquefy the continent’s gas and send it abroad. Asian markets appear to be the most attractive destination, they said.

April 18, 2011

Barclays: U.S. LNG Can Compete

Proposed North American natural gas liquefaction projects have been popping up like dandelions over the last several months. By the count of Barclays Capital analysts, there are now nine proposals to liquefy the continent’s gas and send it abroad. Asian markets appear to be the most attractive destination, they said.

April 18, 2011

Year-to-Year Shale Basin Rig Counts Show Winners and Losers

What a difference a year makes in shale gas drilling. NGI’s Shale Daily Unconventional Rig Count dramatically demonstrates the ascendance of oil and oily gas shale plays as the Bakken Shale/Sanish/Three Forks claimed the top spot on the chart for the greatest number of active rigs with 170, up from 102 and third place a year ago.

March 28, 2011

Louisiana’s Latest Lease Sale Tilts Southward

Louisiana’s Mineral and Energy Board collected more than $11.5 million in bonuses in its March lease sale in which buyers heavily favored tracts in South Louisiana as opposed to the northern part of the state.

March 15, 2011