Encana Corp. has about 50 billion bbl of oil in place in its five largest liquids plays, according to Eric Marsh, executive vice president. Earlier this month at Barclays CEO Energy/Power Conference, the Tuscaloosa Marine Shale (TMS) was at the top of his list.
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Encana Bets Big On Tuscaloosa Marine Shale
Encana Corp. has about 50 billion bbl of oil in place in its five largest liquids plays, according to Eric Marsh, executive vice president. Earlier this month at Barclays CEO Energy/Power Conference, the Tuscaloosa Marine Shale (TMS) was at the top of his list.
Apache, Partners Eye Kitimat LNG Investor
Apache Corp. and its partners in the proposed Kitimat liquefied natural gas (LNG) export project slated for British Columbia (BC) are looking for an investor, a company executive said last week.
Auctions Seen as Storage Capacity Marketing Tool
Noting that the cost of storage is probably three times cheaper today than five years ago, an energy trading firm executive made a pitch for a new marketing process for gas storage capacity at the LDC Gas Forum Midcontinent conference Tuesday in Chicago.
People
Amy Myers Jaffe is joining the University of California, Davis, in October as executive director of energy and sustainability in a joint appointment to the Graduate School of Management and Institute of Transportation Studies. Jaffe has spent the past 16 years at Houston’s Rice University, where she served as director of the Energy Forum at the James A. Baker III Institute for Public Policy. Kenneth Medlock, deputy director of the forum, was named the new director. Jaffe said she was drawn by the California university’s “focus on sustainability and the interdisciplinary research and relationships between transportation and energy, and by the opportunity to work near California’s state capital, which is an international pioneer on environmental and public policy issues.”
Apache, Partners Seeking Kitimat LNG Investor
Apache Corp. and its partners in the proposed Kitimat liquefied natural gas (LNG) export project slated for British Columbia (BC) are looking for an investor, a company executive said Wednesday.
People
Patrick French, 64, an advocate for the U.S. energy industry, died Saturday in Bethesda, MD. French was president of the Foundation for Energy Education and executive vice president of the Texas Alliance of Energy Producers (TAEP), which he joined in 2000 and helped to transform into a strong statewide network with members in 300 cities and 29 states. French was named an industry “legend” by Oil and Gas Investor Magazine in 2010. He wrote numerous articles and was a frequent energy industry commentator on television, with his efforts culminating in the ABC television pilot series, “The Hard Question,” which recently debuted in Dallas and Houston. French formed The Association Development Group in 1991 in Washington, DC, which worked with trade associations, including the Independent Petroleum Association of America. He also served on the board of directors of the Global Energy Management Institute at the University of Houston and on the board of directors of the National Corrosion Institute at Rice University.
Oil Is Prey for New Hawk of a Different Name
The senior executives of Halcon Resources Corp. have a fatter checkbook than when they started Eagle Ford Shale pioneer Petrohawk Energy Corp. not so very long ago. Having sold that successful natural gas-focused venture, with Halcon they are targeting unconventional oil plays with a similar strategy and expecting similar success.
Flaring-to-Fertilizer Could Be North Dakota Fix
Facing an ongoing challenge of flaring up to almost a third of its associated natural gas supplies in the oil-rich Bakken Shale, North Dakota is considering a proposal to use mobile equipment to turn some of the flared supplies into much-needed fertilizer for the state’s agricultural industry. Another proposal calls for a $1 billion farmer-owned fertilizer plant using natural gas currently being flared.
New Director Takes Helm at COGCC
Former Colorado Assistant Attorney General Matthew Lepore on Monday took the reins as director of the Colorado Oil and Gas Conservation Commission (COGCC).