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Rex Expands Ohio Utica Operations

Although keeping a lid on the details of the deal for now, Rex Energy Corp. said the Utica Shale joint venture it recently entered into with MFC Drilling Inc. and Abarta Oil & Gas Co. Inc. requires it to drill and complete one well and begin drilling two others by Nov. 15, and requires three additional wells each year until the company satisfies the carry obligation. The JV covers a three county region of eastern Ohio.

May 3, 2012

Supply Glut Turning Marcellus Into ‘Giant Gas Storage Field’

What would you call a lot of natural gas, ready at a moment’s notice? Some might call it a storage facility. Others might call it the Marcellus Shale.

March 26, 2012

Spectra Proposes Marcellus Link to Southern Power Gen Demand

Some of the growing gas supply coming out of the Marcellus Shale could find a home in gas-fired power plants in Georgia, Alabama and Tennessee thanks to a proposal from Spectra Energy Corp. to move gas from the booming shale play to markets southward.

March 5, 2012

Susquehanna Supply Hub Readied by Williams

Williams is seeing “a lot of demand for increased growth” in the Northeast and is ready “to take advantage” with a bevy of major infrastructure expansion projects, CEO Alan Armstrong told investors on Thursday.

February 27, 2012

Shale Revolution ‘Late,’ But Helping Advance NGVs

As several natural gas advocacy organizations urge the federal government to extend proposed economic incentives for electric vehicles (EV) to natural gas vehicles (NGV) and other alternative fuel transportation, one gas supporter believes the incentive disparity exists because the shale gas revolution came three years too late.

February 15, 2012

Water Supply for Eagle Ford Seen as Sufficient

There’s enough water in the Carrizo Wilcox Aquifer in South Texas to support Eagle Ford Shale oil and gas drilling and hydraulic fracturing as well as other uses, such as irrigation, according to the Eagle Ford Task Force. This is in spite of a drought that has gripped most of Texas, according to experts.

January 27, 2012

West Virginians Jockeying for Ethane Cracker

A new company has leased about 1,500 acres in the Kanawha Valley of West Virginia and hopes to find investors to raise $2 billion to develop an ethane cracker and other downstream facilities.

December 19, 2011

West Virginians Pushing for Cracker Along Multiple Fronts

A new company has leased about 1,500 acres in the Kanawha Valley of West Virginia and hopes to find investors to raise $2 billion to develop an ethane cracker and other downstream facilities.

December 15, 2011

Gains Slightly Dominate Mixed Price Movement

Other than parts of the South, desert Southwest and California, it was rare to find any forecasts for Thursday lows that didn’t range from around freezing to a few degrees below zero. But that was able to keep only a little more than half of the cash market from seeing losses Wednesday. One source suggested that increasing use of storage in lieu of spot gas purchases may have been limiting the price-boosting impact of the cold weather.

December 8, 2011

North Dakota Sets Production Records; Wary of Fracking Rules

In mid-October North Dakota likely exceeded last year’s record-setting oil and gas production, according to state and industry officials who were quoted in a pre-Thanksgiving report out of Bismarck, ND, by the Associated Press. Separately, other local news reports Sunday depicted state officials as worried about proposed federal rules for hydraulic fracturing (fracking), but they told NGI’s Shale Daily the reports were exaggerated.

November 30, 2011