Deeper

An infrastructure to produce liquefied natural gas (LNG) may be one of the initiatives to emerge from a developing process in Wyoming to forge a deeper, broader energy-environmental foundation, according to Gov. Matt Mead’s policy director.

An infrastructure for producing liquefied natural gas (LNG) may be one of the new initiatives to emerge from a developing process in Wyoming to forge a deeper, broader energy-environmental foundation, according to Gov. Matt Mead’s policy director.

Encana Oil & Gas (USA), owner of a natural gas field in Pavillion, WY, that the Environmental Protection Agency (EPA) claims is contaminated by chemicals used in production practices (including hydraulic fracturing, or fracking), has called on the agency to suspend the public comment period on a draft report issued in December.

After weathering the U.S. Environmental Protection Agency’s draft report late last week, which claimed that the groundwater in Pavillion, WY, contains chemicals that are normally used in natural gas production practices, such as hydraulic fracturing (fracking), Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corp., went on offense Monday, noting that many of the EPA’s findings from its recent deep monitoring wells, including those related to any potential connection between fracking and Pavillion groundwater quality, “are conjecture, not factual, and only serve to trigger undue alarm.”

Shale producers should take seriously the questions and issues being raised by environmentalists and others with concerns about hydraulic fracturing (fracking), and be “open and transparent” about the composition of their fracking fluids, FERC Commissioner John Norris said Tuesday.

After winding lower from the mid-$3.80s in early Thursday trading, the November natural gas futures contract took an even deeper plunge following news from the Energy Information Administration (EIA) that 85 Bcf was injected into underground storage for the week ending Oct. 1. In the minutes before the regular trading session closed, the prompt-month contract tested the $3.610 low for the year recorded on Aug. 27.

Natural gas storage operators breathed deeper than ever during this year’s injection season, and while many worried that capacity would be breached, that was not the case. Analysts at Barclays Capital suggest the industry has reached a “new normal” for season-ending inventories.

Natural gas storage operators breathed deeper than ever during this year’s injection season, and while many worried that capacity would be breached, that was not the case. Analysts at Barclays Capital suggest the industry has reached a “new normal” for season-ending inventories.

Enron Corp. slipped deeper into the history books last Wednesday after the remaining defendants, including former CEO Jeffrey Skilling, were dismissed in an eight-year-old lawsuit filed by shareholders and investors against the bankrupt trader’s financial institutions.