Shell Australia Pty Ltd. and joint venture partner SGH Energy are moving forward with developing the Crux natural gas field offshore Western Australia, a project to supply the existing Prelude floating liquefied natural gas (FLNG) facility. Crux is expected to have capacity to supply the Prelude FLNG facility with up to 550 MMcf/d. Construction is…
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Articles from Crux
Producers Adjusting to $4/MMBtu, Says Barclays
If it’s wet, it’s hot; if it’s dry, it’s not; $4/MMBtu is the “new normal,” and bigger is still better when it comes to production. That’s the crux of the industry wisdom collected by Barclays Capital analyst Michael Zenker and his team at the firm’s recent CEO Energy-Power Conference.
September 19, 2011
Producers Adjusting to $4/MMBtu World, Says Barclays
If it’s wet, it’s hot; if it’s dry, it’s not; $4/MMBtu is the “new normal” and bigger is still better when it comes to production. That’s the crux of the industry wisdom collected by Barclays Capital analyst Michael Zenker and his team at the firm’s recent CEO Energy-Power Conference.
September 15, 2011