Statistics compiled by the Railroad Commission of Texas (RRC) tell a tale of booming production in the liquids-rich Eagle Ford Shale, with an increased emphasis on oil and condensate in the play and significantly more flaring of gas statewide.
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The Pennsylvania governor who led the state through the first years of the Marcellus Shale boom said the natural gas industry has “screwed up so badly” that it brought a tide of negative public opinion on itself.
Texas Railroad Commissioner David Porter has assembled an Eagle Ford Task Force charged with establishing best practices for development of the South Texas play based on input from across the industry and affected communities.
April natural gas futures rose Monday as end-users took advantage of sub-$4 pricing and discounted forecasts calling for milder if not unseasonably warm temperatures. At the close April had gained 11.8 cents to $3.927 and May rose 9.7 cents to $3.984. April crude oil added $1.02 to $105.44/bbl.
In response to the Deepwater Horizon disaster, Interior Secretary Ken Salazar Tuesday proposed establishing an “Ocean Energy Safety Institute” to promote research and development (R&D) and training in offshore drilling safety, blowout containment and spill response.
Rockies Express Pipeline (REX) said Tuesday it has made “significant progress” on the oft-delayed REX-East segment of the pipeline. REX projects establishing service from Mexico, MO, to Lebanon, OH, on Tuesday, June 30, or possibly up to two days earlier.
The New York State Public Service Commission last week approved a levelized three-year plan establishing rates for Consolidated Edison Co. of New York Inc.’s (Con Edison) gas delivery service for Oct. 1 through Sept. 30, 2010. Regulators also approved a revenue decoupling mechanism (RDM) intended to encourage conservation.
The New York State Public Service Commission Wednesday approved a levelized three-year plan establishing rates for Consolidated Edison Co. of New York Inc.’s (Con Edison) gas delivery service for Oct. 1 through Sept. 30, 2010.
In the first of a series of reports on fossil fuel plants, the Department of Energy (DOE) has issued a comprehensive report establishing baseline performance and cost estimates for pulverized coal combustion (PC), integrated gasification combined-cycle (IGCC) and natural gas combined-cycle (NGCC) power plants, all with and without carbon dioxide (CO2) capture and storage.
The U.S. Coast Guard has issued a final rule establishing a permanent security zone around the mooring area for liquefied natural gas (LNG) tankers at the Elba Island, GA LNG terminal owned by Southern Natural Gas to encompass the opening of two new berths and the expected increase in LNG tanker traffic.