Although already under environmental appeal, Utah state officials issued a permit the last week in March to a Delaware-based company to a begin a large oil shale extraction project that eventually could cover up to 1,500 acres in the Uintah Basin. It could end up being one of the largest oil shale mining operations in the state.
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NGSA’s Horvath Dismisses Shale’s Black Swans
The future of American’s shale industry is bright and the darkest shadows on the horizon are nothing more than black swans — potential problems that involve high impact risks but a low probability of occurring — according to Natural Gas Supply Association of America (NGSA) CEO R. Skip Horvath.
January 23, 2012
Gas Glut Undermines Global Exports, Says IEA Economist
North America’s natural gas supply gains are undermining some of the major exporting countries, which could disrupt investments in new infrastructure projects, the chief economist of the International Energy Agency (IEA) said last week.
September 20, 2010
Gas Glut Undermining Global Exports, Says IEA Economist
North America’s natural gas supply gains are undermining some of the major exporting countries, which could disrupt investments in new infrastructure projects, the chief economist of the International Energy Agency (IEA) said Tuesday.
September 16, 2010
U.S. Gas Drilling Strong in Low-Cost Basins, Says Halliburton Chief
Natural gas drillers continue to generate returns in lower-cost unconventional basins, but “range-bound gas prices…may potentially disrupt current activity” in the second half of the year, Halliburton CEO Dave Lesar said Monday.
April 21, 2010
U.S. Gas Drilling Strong in Low-Cost Basins, Says Halliburton Chief
Natural gas drillers continue to generate returns in lower-cost unconventional basins, but “range-bound gas prices…may potentially disrupt current activity” in the second half of the year, Halliburton CEO Dave Lesar said Monday.
April 21, 2010
Bentek: Marcellus Elephant Sitting on Basis
Growing gas production from the Appalachian Basin’s Marcellus Shale will disrupt regional gas flow patterns and force Northeast gas prices downward, Bentek Energy LLC said in a new Market Alert. The firm predicted that Appalachian Basin production will range 4-6 Bcf/d by 2014 and that “the superior drilling economics of the Marcellus will allow Marcellus production to grow and will force production from other supply areas to shrink, leading to a major shift in U.S. gas flows and prices.”
March 29, 2010
Marcellus Shale Is a Basis-Squashing ‘Beast,’ Says Bentek
Growing gas production from the Appalachian Basin’s Marcellus Shale will disrupt regional gas flow patterns and force Northeast gas prices downward, Bentek Energy LLC said in a new Market Alert. The firm predicted that Appalachian Basin production will range 4-6 Bcf/d by 2014.
March 23, 2010
Marcellus Shale Is a Basis-Squashing ‘Beast,’ Says Bentek
Growing gas production from the Appalachian Basin’s Marcellus Shale will disrupt regional gas flow patterns and force Northeast gas prices downward, Bentek Energy LLC said in a new Market Alert. The firm predicted that Appalachian Basin production will range 4-6 Bcf/d by 2014.
March 23, 2010
NOAA: North America to Feel Effects of Pacific La Nina
Developing La Nina conditions — the cooling of ocean surface temperatures off the western coast of South America, which have been found to disrupt normal weather patterns in the United States — are likely to continue into spring, according to the National Oceanic and Atmospheric Administration (NOAA).
January 12, 2009
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