The shale gas revolution and and planned liquefied natural gas (LNG) exports to foreign nations have elevated the United States’ position on the global energy stage, said European and Asian energy representatives Thursday. They urged U.S. House lawmakers to seize the new energy tool for diplomatic purposes and to aid allies.
ferc
Articles from ferc
Permian Basin ‘Booming,’ Atmos Gas Buyer Says
The venerable Permian Basin, which has seen its share of booms and busts in its 86-year production history, is booming beyond most of the industry’s recognition, said Alan Chambers, senior gas buyer for Atmos Energy Corp. and a native of the Permian region.
Range Blasts Media Coverage of Pennsylvania Contamination Case
Range Resources Corp. says it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in its hydraulic fracturing (fracking) operations.
Chevron’s U.S. Upstream Output Holding Steady
Chevron Corp.’s U.S. upstream production is holding steady from a year ago, with natural gas output higher and liquids holding steady, the operator said late Wednesday in an interim 3Q2013 report.
Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up
Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.
MSC Opposes Gubernatorial Hopeful’s Calls for NatGas Severance Tax
Gubernatorial candidates in Pennsylvania who have called for severance taxes on the state’s shale natural gas industry are embracing “misguided, job-crushing policies,” the Marcellus Shale Coalition (MSC) said Thursday.
Antero IPO Tops the Charts
Investors poured into onshore operator Antero Resources Inc. in its debut Thursday on the New York Stock Exchange, gaining more than 18% to close at $52.01. “AR,” the most heavily traded stock of the day, saw more than 28.4 million shares trade hands.
Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day
Antero Resources Inc., which today is an Appalachian Basin-only operator, made a stunning debut Thursday on the New York Stock Exchange, with the share price up 18.2% from the opening of $44.00 to end the day at $52.01. More than 28.4 million shares traded hands, with “AR” the most-traded stock on the day.
Economic, Climate Benefits of Shale NatGas Questioned
Unconventional natural gas in the onshore likely will keep U.S. prices low until 2020, but it may not translate to climate benefits or an improved economy, according to an elite group of industry, academic and scientific experts.
Differing NatGas Price Scenarios Offered
U.S. natural gas supply and demand should continue to be robust through the next 10 to 12 years, but a panel of experts in Los Angeles have different ideas on what this could mean for future prices and volatility.