Drawing

Barnett Gets Texas Lawmakers’ Attention

Texas lawmakers are not yet into the meat of their current legislative session, but as with the last session two years ago, the Barnett Shale seems to be drawing the most attention, at least judging by potential legislation, Texas Independent Producers and Royalty Owners Association (TIPRO) President Justin Furnace told NGI’s Shale Daily.

February 1, 2011

Petrohawk Emphasizing Eagle Ford Production

With 2010 drawing to a close, Petrohawk Energy Corp. is working to put a bow on its Haynesville Shale leasehold so it can focus more attention on the natural gas liquids- (NGL) and condensate-rich Eagle Ford Shale in South Texas, company executives told financial analysts last week.

November 8, 2010

Petrohawk Anticipating Shift to Eagle Ford Shale

With 2010 drawing to a close, Petrohawk Energy Corp. is working to put a bow on its Haynesville Shale leasehold so it can focus more attention on the natural gas liquids- (NGL) and condensate-rich Eagle Ford Shale in South Texas, company executives told financial analysts Tuesday.

November 4, 2010

Prices Continue to Increase at Nearly All Points

Nearly all of the cash market again saw substantive upticks Tuesday, drawing support from a 22.5-cent spike by July futures a day earlier and a fairly large amount of cooling demand from hot weather across most of the southern half of the U.S. Although chances of storm development were being discounted, some traders may have considered a low-pressure area in the Atlantic Ocean as an additional bullish factor.

June 16, 2010

Cheniere Pursuing LNG Export of Shale Gas

Industry analysts following flows of liquefied natural gas (LNG) will be drawing another arrow on their maps if Cheniere Energy Partners LP (Cheniere) is successful in a bid to add liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, LA.

June 7, 2010

Lower 48 Would Export LNG Under Cheniere Plan

Industry analysts following flows of liquefied natural gas (LNG) will be drawing another arrow on their maps if Cheniere Energy Partners LP (Cheniere) is successful in a bid to add liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, LA.

June 7, 2010

FERC Adjusts Alaska Open Season Rule

With competing open seasons for a gasline from Alaska’s North Slope to Serve Lower 48 markets drawing near, FERC last Thursday issued a final rule that aligns terminology in standards of conduct for Alaska gas pipeline project open season participants to be consistent with the Commission’s Order No. 717.

March 22, 2010

Industry Briefs

ExxonMobil is drawing closer to completing its $41 billion acquisition of U.S. independent XTO Energy Inc. The company said in a regulatory filing that the deal cleared regulatory hurdles in the United States. and The Netherlands. “The applicable waiting period provided under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended…expired on March 15, 2010 without the issuance of a second request,” ExxonMobil said. “The Dutch Competition Authority provided a regulatory clearance of the pending merger on March 9, 2010. Closing of the transaction remains subject to approval by the shareholders of XTO Energy and the satisfaction (or, to the extent permitted by applicable law, waiver) of the other conditions provided in the merger agreement among the parties.” The combination of the companies would add about 45 Tcfe to ExxonMobil’s resource base and lift its gas weighting to 45% (see NGI, Dec. 21, 2009).

March 22, 2010

FERC Tweaks Alaska Gasline Open Season Rule

With competing open seasons for a gasline from Alaska’s North Slope to Serve Lower 48 markets drawing near, FERC on Thursday issued a final rule that aligns terminology in standards of conduct for Alaska gas pipeline project open season participants to be consistent with the Commission’s Order No. 717.

March 19, 2010

FERC Tweaks Alaska Gasline Open Season Rule

With competing open seasons for a gasline from Alaska’s North Slope to Serve Lower 48 markets drawing near, FERC on Thursday issued a final rule that aligns terminology in standards of conduct for Alaska gas pipeline project open season participants to be consistent with the Commission’s Order No. 717.

March 19, 2010