Driving

The Marcellus Shale industry is driving job growth in Pennsylvania, according to new government figures.

The Marcellus Shale industry is driving job growth in Pennsylvania, according to new government figures.

Caiman Energy has completed a 120 MMcf/d cryogenic processing plant in the Marcellus Shale in Marshall County, WV, and, prompted by drilling projections from existing and potential customers, plans to open a 200 MMcf/d facility at the same location later this year, the Dallas-based company said Wednesday.

Major joint ventures (JV) in North American unconventional resource plays were a driving force in pushing worldwide merger and acquisition (M&A) activity to a record high in 2010, preliminary data indicate.

While reliability and price continue to be driving factors, environmental concerns are moving into equal footing in the gas buying process, according to a panel of industry veterans at GasMart 2010 in Chicago last Tuesday. The five panelists addressed different aspects of “Integrating Green Goals into Gas Procurement Basics.”

Favorable economics for natural gas liquids (NGL) are driving a flurry of projects proposed for the Appalachian Basin’s Marcellus Shale, but executives at major midstream player Enterprise Products Partners LP are asking, “Where’s the market?”

Favorable economics for natural gas liquids (NGL) are driving a flurry of projects proposed for the Appalachian Basin’s Marcellus Shale, but executives at major midstream player Enterprise Products Partners LP are asking, “Where’s the market?”

Favorable economics for natural gas liquids (NGL) are driving a flurry of projects proposed for the Appalachian Basin’s Marcellus Shale, but executives at major midstream player Enterprise Products Partners LP are asking, “Where’s the market?”

The previous day’s drop of 21.4 cents by May futures was probably the major factor in driving cash prices lower across the board Friday, and weekend cooling trends in northern market areas were not generating enough heating load to stem the slide.