Scottish upstream operator Weir Group plc is extending its reach into North America’s unconventional natural gas and oil fields with a deal to acquire Houston-based Seaboard Holdings Inc. for $675 million.
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Transportation Notes
Due to a possible leak, ANR has shut in the offshore Garden Banks 426 receipt point until further notice.
First Deal Struck to Liquefy, Export Shale Gas
A newly signed contract for the liquefaction and export of domestically produced natural gas lends further credibility to the shale gas optimism that has swept the energy industry in recent years.
Transportation Notes
Tennessee downgraded Friday the Balancing Alert OFO that it had declared specifically for three meters (see Daily GPI, Oct. 21) to an Action Alert OFO until further notice.
EIA: Power Generation Drove 3Q Gas Demand
Natural gas producers can thank the hot summer for helping to burn up a large portion of the country’s growing gas production during the third quarter, according to the latest Energy Information Administration (EIA) Short-Term Energy Outlook, released Wednesday.
Shale Boom Spurs Gas Technology Advances
Decidedly low-tech compared to the real-time electric grid system, natural gas nevertheless is due for a smartness upgrade in its usually mechanically based infrastructure. From increased uses as a transportation fuel to higher-tech approaches to exploration and production (E&P) in the oil/gas patch, the latest natural gas technological push has been boosted by the burgeoning shale gas sector.
Transportation Notes
ANR said it has shut in the Contango Eugene Island 63/11 receipt point for pipeline repairs and is not accepting nominations there until further notice.
Northwest Retail Gas Rates, Demand Keep Dropping
Idaho regulators are anticipating making further decreases in the retail charges for natural gas in the state as they currently circulate for public comments a filing by Intermountain Gas Co. to cut retail charges by 5.3%, effective Oct. 1.
Northwest Retail Gas Rates Keep Dropping
Idaho regulators are anticipating making further decreases in the retail charges for natural gas in the state as they currently circulate for public comments a filing by Intermountain Gas Co. to cut retail charges by 5.3%, effective Oct. 1.
Raymond James: North America Gas Market Far from Global Parity
North America’s natural gas market is further away from converging with the rest of the world than it was five years ago, an energy analyst with Raymond James & Associates Inc. said last week.