Deliver

TransCanada Corp. was selected by Progress Energy Canada Ltd. last week to build a $5 billion pipeline that would deliver supplies to its proposed liquefied natural gas (LNG) export project on the west coast of British Columbia (BC).

TransCanada Corp. was picked by Progress Energy Canada Ltd. to build a $5 billion pipeline that would deliver gas to its proposed liquefied natural gas (LNG) export project on the west coast of British Columbia (BC).

During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed Thursday that the company is testing two new areas outside of the Eagle Ford.

Continental Resources Inc. disclosed Tuesday that it has begun reworking a legacy shale play in south-central Oklahoma geographically similar to the Bakken, Marcellus and Eagle Ford shales that could add 1.8 million boe to its reserves in the next few years.

A growing realization is dawning for European shale gas operators that “serious” man-made and technical obstacles may block attempts to replicate U.S. experiences with shale gas, according to London-based analyst Chatham House.

Malaysian national oil company Petronas has increased to approximately C$6 billion its bid for Progress Energy Resources Corp. in a deal that would create a company that would deliver Canadian natural gas to world markets, Progress said. The amended offer was made in an effort to block an unsolicited proposal from another company.

Malaysian national oil company Petronas has increased to approximately C$6 billion its bid for Progress Energy Resources Corp. in a deal that would create a company that would deliver Canadian natural gas to world markets, Progress said. The amended offer was made in an effort to block an unsolicited proposal from another company.

The effort to put a natural gas severance tax hike before Arkansas voters has been suspended as backers came up short on the number of signatures necessary to put the issue on the November ballot (see Shale Daily, July 10; June 29). Tax hike proponent Sheffield Nelson told local news media he would make a final decision on whether to abandon the effort within a week. The campaign is short about 40,000 signatures after many were disqualifed. The campaign would need to make up the shortfall by Aug. 20 and deliver at least 62,507 valid signatures in total.

The Federal Energy Regulatory Commission has issued a favorable environmental assessment (EA) for Alliance Pipeline LP’s Tioga Lateral Project that would deliver liquids-rich natural gas from the Permian Basin to the Chicago market hub. Alliance proposes to build a 79.3-mile lateral to extend from Hess Corp.’s facility in Tioga, ND, to the Alliance mainline near Sherwood, ND, with ultimate delivery to Chicago, as well as a 6,000 hp compressor station [CP12-50]. A precedent agreement has been executed with Hess as an anchor shipper on the Tioga Lateral, which would be able to provide up to 106.5 MMcf/d of capacity with a planned in-service date of July 2013. The Alliance Pipeline system consists of a 2,311-mile integrated Canadian and U.S. high-pressure gas transmission system, delivering rich gas from the Western Canadian Sedimentary Basin and the Williston Basin.