Forget

In all the hoopla surrounding the Marcellus Shale’s natural gas resources and its access to East Coast markets, it may be easy to forget that the Haynesville Shale was once the toast of the gas world. To Encana Corp., it still is.

It’s not yet “forget about it” time for proposals to carry Alaska’s North Slope natural gas to Canada and Lower 48 markets, but hopes have dimmed for two competing pipeline projects.

It’s not yet “forget about it” time for proposals to carry Alaska’s North Slope natural gas to Canada and Lower 48 markets, but hopes have dimmed noticeably for two competing pipeline projects.

As renewable electricity sources continue to take off, Northeast electric and natural gas utility National Grid urges industry not to forget about renewable gas. Last Thursday the company said an internal study has revealed that 16% of gas demand in the four states it serves (Massachusetts, New York, Rhode Island, New Hampshire) could be met by renewable gas, which is also known as bio-methane, a pipeline-quality gas derived from biomass that is fully interchangeable with natural gas.

As renewable electricity sources continue to take off, Northeast electric and natural gas utility National Grid urges industry not to forget about renewable gas. On Thursday the company said an internal study has revealed that 16% of gas demand in the four states it serves (Massachusetts, New York, Rhode Island, New Hampshire) could be met by renewable gas, which is also known as bio-methane, a pipeline-quality gas derived from biomass that is fully interchangeable with natural gas.

North American drilling, production, costs and prices are trending up as shale gas takes center stage. Forget liquefied natural gas (LNG) in the near term and maybe longer; and be glad you’re not tied to the world oil market. For the future, think Alaska. And for gas users: conserve, hedge, plan, stick to your strategy and keep good records.

North American drilling, production, costs and prices are trending up as shale gas takes center stage. Forget liquefied natural gas (LNG) in the near term and maybe longer; and be glad you’re not tied to the world oil market. For the future, think Alaska. And for gas users: conserve, hedge, plan, stick to your strategy and keep good records.

When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.

When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.