Covering

Local Colorado Drilling Agreements Depend on State

Agreements between two oil and gas producers and a small Front Range Colorado town have added to the state’s rules covering hydraulic fracturing and depend solely on the state for enforcement. Memoranda of understanding (MOU) inked separately by Encana Oil & Gas Co. and Anadarko Petroleum Corp. with the city of Erie, CO, include several best management practices mutually agreed to with city officials and incorporated into state permitting requirements for new wells.

September 4, 2012

Freeport LNG Contracts First Train, Talking with Shell

Freeport LNG Expansion LP has struck 20-year liquefaction tolling agreements with Osaka Gas Co. Ltd. and Chubu Electric Power Co. Inc. covering 100% of the liquefaction capacity of the first train of Freeport LNG’s propose liquefaction and liquefied natural gas (LNG) loading facility near Freeport, TX.

August 6, 2012

Ohio Water District Mulls Temporary Sales to Operators

Support is growing for the Muskingum Watershed Conservancy District (MWCD) — a state government entity that controls an 8,000-square mile watershed covering about one-fifth of the state — to sell water for natural gas drilling in the Marcellus and Utica shales, albeit on a temporary basis.

August 6, 2012

Support Growing for Ohio Water District to Sell to Operators

Support is growing for the Muskingum Watershed Conservancy District (MWCD) — a state government entity that controls an 8,000-square mile watershed covering about one-fifth of the state — to sell water for natural gas drilling in the Marcellus and Utica shales, albeit on a temporary basis.

August 6, 2012

Freeport LNG Inks Contracts for First Liquefaction Train

Freeport LNG Expansion LP has struck 20-year liquefaction tolling agreements with Osaka Gas Co. Ltd. and Chubu Electric Power Co. Inc. covering 100% of the liquefaction capacity of the first train of Freeport LNG’s propose liquefaction and liquefied natural gas (LNG) loading facility near Freeport, TX.

August 1, 2012

Rolled-In Tolls for TransCanada Nova Extension Challenged

A new front has erupted in conflicts over adding facilities and covering costs across the Canadian pipeline grid — this time over transportation of emerging shale gas supplies in northern British Columbia (BC). Salvos fired before the National Energy Board (NEB) include a warning from its former chairman, Roland Priddle, an architect of the country’s avowedly deregulated regime of fostering a market-driven and competitive industry.

June 4, 2012

TransCanada Nova Extension Toll Challenged

A new front has erupted in conflicts over adding facilities and covering costs across the Canadian pipeline grid — this time over transportation of emerging shale gas supplies in northern British Columbia (BC). Salvos fired before the National Energy Board (NEB) include a warning from former chairman Roland Priddle, an architect of the country’s avowedly deregulated regime of fostering a market-driven and competitive industry.

June 4, 2012

S&P Lowers Gas Price Assumptions for Multiple Years

Standard & Poor’s Ratings Services (S&P) on Wednesday lowered its natural gas price assumptions for the U.S. Henry Hub market point covering this year, 2013 and 2014 (and thereafter). The changes assume prices will go no higher than $3.50/MMBtu for the foreseeable future.

April 20, 2012

Shale Is a Long Game for Chevron

It’s early days in Chevron Corp.’s shale natural gas and oil program, but it is “an area of significant long-term growth” with opportunities in the United States, Canada, Argentina, China and Europe — in liquids and dry gas — an executive said during the company’s analyst day Tuesday.

March 14, 2012

Halliburton Estimates 3,500 Uncompleted Wells in U.S. Onshore

Demand for oilfield services from North America’s unconventional resource drillers continues unabated and Halliburton Co. could complete contracts “in any terms we wanted to dictate at this point in time,” CEO Dave Lesar said Monday.

April 19, 2011