Every

U.S. natural gas production is expected to increase every year through 2035, thanks to increased shale development, according to the U.S. Energy Information Administration’s (EIA) final Annual Energy Outlook 2012 (AEO2012). Just as the preliminary report in January found (see NGI, Jan. 30), the EIA also believes the United States will transition from being a net importer to a net exporter of natural gas in about nine years.

Malaysian national oil company Petronas plans to combine its liquefied natural gas (LNG) expertise with the unconventional resources abilities of Calgary-based Progress Energy Resources Corp. by acquiring Progress in a deal worth C$5.5 billion including debt. The combined enterprise would deliver Canadian natural gas to world markets.

United States natural gas production is expected to increase every year through 2035 thanks to increased shale development, according to the U.S. Energy Information Administration’s (EIA) complete version of the Annual Energy Outlook 2012 (AEO2012). Just as the preliminary report released in January found (see Shale Daily, Jan. 24), the EIA also believes the United States will transition from being a net importer to a net exporter of natural gas in approximately nine years.

United States natural gas production is expected to increase every year through 2035 thanks to increased shale development, according to the U.S. Energy Information Administration’s (EIA) complete version of the Annual Energy Outlook 2012 (AEO2012). Just as the preliminary report released in January found (see Daily GPI, Jan. 24), the EIA also believes the United States will transition from being a net importer to a net exporter of natural gas in approximately nine years.

The Environment Protection Agency (EPA) said it would “review and consider” an industry report’s claims that the agency has significantly overestimated methane emissions from natural gas well operations, particularly from unconventional wells using hydraulic fracturing. It contends, however, that its emissions estimates are based on the best data available.

Lifted by prices and successful well tests from an extension of the emerging Mississippian Lime play, oil production in Kansas rose last year, according to new estimates by the Kansas Geological Survey at the University of Kansas. Natural gas production in 2011, however, declined by more than 6%.

The Permian Basin in West Texas is the main engine driving Occidental Petroleum Corp. (Oxy) to record oil/gas production levels as its overseas operations continue to struggle in the Middle East/North Africa and Colombia, CEO Stephen Chazen said Thursday.

An estimated 56 million barrels of water are produced as a result of onshore oil and natural gas development every day, and while the quality is poor, most of the contaminants occur naturally in the produced water, according to a Government Accountability Office (GAO) report.

A TransCanada Corp. official said this week that despite opposition to the Keystone XL oil pipeline, the company is moving forward with plans to refile its application to carry supplies from Canada to the Gulf Coast.