Foreseeable

Even with the big withdrawal by operators in U.S. onshore natural gas plays, domestic output will continue to grow “for the foreseeable future,” according to Raymond James & Associates Inc. energy team.

A deep freeze named Brutus hammered North Dakota with a pre-winter force in November, knocking down oil and gas production from all-time record levels the previous month, according to the latest statistics from the state Department of Mineral Resources (DMR).

Mixed with the solid reviews about all-time record highs for monthly natural gas and oil production in North Dakota’s Bakken Shale and Williston Basin region, the director of the state’s Department of Mineral Resources (DMR) sounded words of caution that the drilling boom is showing signs of easing, but not because production has slowed much.

Recent FERC investigations of interstate natural gas pipelines for significant over-earnings have so far been credit-neutral and the over-earnings are not likely to occur in the foreseeable future due to weaker market conditions, said Moody’s Investors Service in a new report.

Recent investigations by FERC of interstate natural gas pipelines for significant over-earnings so far have been credit-neutral and the over-earnings are not likely to occur in the foreseeable future due to weaker market conditions, said Moody’s Investors Service in a new report.

Production data issued by the Energy Information Administration (EIA) Tuesday — which indicated that increased drilling in the Marcellus Shale has been the leading force in the growth of natural gas production in the northeastern United States — combined with a recent U.S. Geological Survey (USGS) report, demonstrates that the Marcellus Shale is hardly the shrinking violet some mainstream media reports have claimed, according to the Marcellus Shale Coalition (MSC).

Due to “significant decline in usage” at its facility on the Maryland shore as a resulting of expanding shale gas supplies, Dominion Cove Point LNG LP (DCP) Friday called on FERC to clarify that under its tariff it has the authority to require shippers to deliver liquefied natural gas (LNG) by tanker to its import terminal to keep the cryogenic portions of the terminal cooled or face penalties.

Las Vegas, NV-based local distribution company (LDC) Southwest Gas Corp. is sitting pretty this winter and for the foreseeable future in terms of adequate natural gas supplies. The gas-only utility’s three-state service area divides into three regions, each with a different set of supply basins, and the shale gas boom affects two of those operating areas.

Las Vegas, NV-based local distribution company (LDC) Southwest Gas Corp. is sitting pretty this winter and for the foreseeable future in terms of adequate natural gas supplies. The gas-only utility’s three-state service area divides into three regions, each with a different set of supply basins, and the shale gas boom affects two of those operating areas.