Developers

Marcellus Shale development is not bringing much money into local governments, but also not taking much money out of local governments, according to a recent study of two prolific Pennsylvania counties.

Power generation developers may be taking new looks at added natural gas- and coal-fired plants as an outgrowth of the reaction to the continuing disaster unfolding at Japan’s Fukushima Daiichi nuclear generating plant, according to the CEO of NRG Energy Inc.

In letters to developers of proposed well control and containment systems, the federal agency overseeing offshore safety has made it clear that it will not approve new permits for drilling in the deepwater Gulf of Mexico unless operators have access to systems that can “quickly and effectively contain” future underwater well blowouts.

In letters to developers of proposed well control and containment systems last week, the federal agency overseeing offshore safety made it clear that it will not approve new permits for drilling in the deepwater Gulf of Mexico unless operators have access to systems that can “quickly and effectively contain” future underwater well blowouts.

A trade group representing developers of shale gas Tuesday blasted the Academy Awards nomination of Gasland for best documentary feature, saying it grossly misrepresented the facts about the hydraulic fracturing (hydrofracking) practice associated with the production of shale.

While Gulf oil and natural gas activity is lagging, the economic outlook for developers of new technology to quickly identify high-pressure leaks in blowout preventers (BOP) and other outage events looks brighter, executives say.

Two storage developers have received the go-ahead from FERC on proposals to expand natural gas storage facilities in Alabama and Kansas.

With the economic viability of added underground natural gas storage in California already verified by utility and merchant developers currently pursuing proposals, state regulators later in October will hold a one-day hearing on a unique, urban-based storage project in the heart of the state capital, Sacramento. The California Public Utilities Commission (CPUC) will use the public input as part of its ongoing review and environmental assessment.

With the economic viability of added underground natural gas storage in California already verified by utility and merchant developers currently pursuing proposals, state regulators later in October will hold a one-day hearing on a unique, urban-based storage project in the heart of the state capital, Sacramento. The California Public Utilities Commission (CPUC) will use the public input as part of its ongoing review and environmental assessment.