Edge Gathering Virtual Pipelines 2 LLC has been selected to capture and liquefy natural gas from Exco Resources Inc.’s remote assets in Pennsylvania’s Marcellus Shale.
Edge
Articles from Edge
CNG Keeps Price Edge; NatGas Highway Expands
Separate reports confirmed the competitiveness of natural gas as a transportation fuel, with the price of compressed natural gas (CNG) maintaining a strong pricing edge over gasoline, diesel and other alternative fuels. At the same time, liquefied natural gas (LNG) is expanding its potential transportation options to include rail.
SM Energy Sees Encouraging Results From Woodbine Test
SM Energy Co. is seeing encouraging results from a test well drilled in the Woodbine formation and has added about 10,000 net acres to its position on the northeastern edge of the Eagle Ford Shale in East Texas.
BP’s New Supercomputer to Ramp Up Hunt for Oil, NatGas
The largest supercomputing complex for commercial research in the world, designed to provide a technological cutting edge in the global hunt for oil and natural gas, is under construction in Houston and will open by the middle of next year, officials with BP plc said Thursday.
Shale Breakthroughs Created ‘A Changed Energy Game’
The election may have left the balance of power in Washington basically unchanged, but the lame duck Congress, which convened this week, may turn out to be not so lame, and the outlook for natural gas interests on Capitol Hill is good, according to Regina Hopper, CEO of America’s Natural Gas Alliance (ANGA).
EOG Completes ’16 Monster Wells’ in Eagle Ford During 2Q2012
EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.
EOG’s Oil Strategy Returns Strong 2Q Earnings
EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.
EOG’s Oil Strategy Returns Strong 2Q Earnings
EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.
FERC’s Norris: Take Fracking Concerns Seriously
Shale producers should take seriously the questions and issues being raised by environmentalists and others with concerns about hydraulic fracturing (fracking), and be “open and transparent” about the composition of their fracking fluids, FERC Commissioner John Norris said Tuesday.
Interior Revisits Western Oil Shale Leases
The Interior Department said Tuesday it will take another pass at the rules set by the last administration for extracting shale oil from two million acres of federal land in Utah, Colorado and Wyoming, with the possibility of cutting the acreage total and raising royalties.