Economics

Given the difference in prices for natural gas liquids (NGL) and dry gas, NGL content in the Eagle Ford Shale “makes for a much more pleasant experience” for producers there, Kinder Morgan Energy Partners LP (KMP) Chief Rich Kinder told financial analysts Wednesday. And burgeoning activity in the South Texas play has filled up a KMP midstream project there.

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?”

Horizontal drilling and hydraulic fracturing are unlocking the continent’s bountiful gas shale plays one by one, leading to a seismic shift in production economics — and prices will never be the same, a Calgary-based energy economist told NGI.

Horizontal drilling and hydraulic fracturing are unlocking the continent’s bountiful gas shale plays one by one, leading to a seismic shift in production economics — and prices will never be the same, a Calgary-based energy economist told NGI.

The U.S. Attorney Office in Utah is continuing its criminal investigation of a 27-year-old University of Utah economics student and a self-styled environmental activist who caused chaos at a Bureau of Land Management (BLM) auction of oil and natural gas leases in mid-December. “It would be premature” at this time to say what charges will be brought against Tim DeChristoper, said U.S. Attorney spokeswoman Melodie Rydalch.

The bidder who caused chaos at the Bureau of Land Management’s (BLM) Friday auction of oil and natural gas leases in southern Utah was a 27-year-old University of Utah economics student and a self-styled environmental activist.

Energy price declines eventually will dampen the economics for various alternative energy projects, leaving the administration of President-elect Obama to rediscover natural gas as the “fuel of choice.” This was one of the insights Wednesday from a panel discussing “economical sources of supply” on the second day of the LDC Forum Rockies & West Conference in Irvine, CA.