After ending a previous Imbalance Warning in Zones 5 and 6 Tuesday, Tennessee implemented a new one Thursday in those zones. Conditions are the same as in the previous Imbalance Warning (see Daily GPI, Jan. 13). Based on currently available information, Tennessee now estimates that it will be able to place the Line 4 section between Main Line Valves (MLV) 208 and 209 back into service in a manner that will allow receiving volumes again from Rockies Express (REX) no earlier than mid-February. Line 4 was shut in and deliveries from REX at their Glouster, PA, interconnect were halted following a November rupture near MLV 205-4 in Morgan County, OH.
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North Dakota Gas Flaring to Drop by Two-Thirds in 2012
Added gas processing capacity bringing the state’s total to 1 Bcf/d is expected to cut volumes being flared significantly. Currently 34% of North Dakota’s average daily gas production is being flared, but that is slated to change a lot over the course of 2012, according to Industrial Commission spokesperson Alison Ritter.
New Paramount Subsidiary to Hold Oilsands, Bitumen Businesses
Calgary independent Paramount Resources Ltd., better known for its natural gas exploration, saw its stock price jump by nearly 5% in midday trading Monday after the company said it was creating a subsidiary to house its growing oilsands and bitumen businesses.
New Brunswick Opposition Calls For Frack Panel, Public Hearings
The leader of the political party that currently represents the opposition in New Brunswick is calling on the government to form a bipartisan committee on shale gas development and hydraulic fracturing (fracking) in the emerging Frederick Brook Shale.
New York Advisory Panel Puts Off Fracking Report Till 2012
Members of a key advisory panel in New York that would someday govern hydraulic fracturing (fracking) in the state say they won’t meet their Nov. 1 deadline because they need more time to gather critical information and budget requests from state agencies.
Slow Down Drilling Pace, Says Marcellus Citizens Group
A coalition of conservancy and stakeholder groups critical of Pennsylvania’s natural gas drilling said Monday the state needs to slow the shale drilling pace to ensure that safeguards are in place to protect citizens.
Range Sues One Pennsylvania Township, Awaits Another’s Next Move
Range Resources Corp. has filed suit against a Pennsylvania township, alleging that the municipality violated state meetings law by not giving proper notice before making sweeping, prohibitive changes to its Marcellus Shale drilling ordinance.
Companies Covet North Dakota’s Flared Natural Gas
Oil and gas companies operating in North Dakota’s portion of the Bakken Shale are spending about $3 billion on infrastructure projects to capture natural gas currently being lost to flaring at oil drilling sites.
Companies Spending $3B to Capture Flared Natural Gas in North Dakota
Oil and gas companies operating in North Dakota’s portion of the Bakken Shale are spending about $3 billion on infrastructure projects to capture natural gas currently being lost to flaring at oil drilling sites.
Bipartisan House Panel Adopts Pipe Legislation 51-0
In an almost unprecedented show of bipartisanship in the currently divided Congress, the House Energy and Commerce Committee last Wednesday unanimously adopted pipeline safety reauthorization legislation.