Canadian industry interest in arctic drilling is warming up in the regulatory thaw signaled by the National Energy Board (NEB) with its December approval of the Mackenzie Gas Project, but the rigs will remain frozen out of offshore prospects until further notice.
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For North American Gas Market, It’s Deja Vu
North American natural gas producers have the geological resource, know-how, equipment and motivation to grow supplies faster than organic market demand, and with those drivers in place, this year will be a repeat of 2010, Barclays Capital analysts said last week.
For North American Gas Market, It’s Deja Vu
North American natural gas producers have the geological resource, know-how, equipment and motivation to grow supplies faster than organic market demand, and with those drivers in place, this year will be a repeat of 2010, Barclays Capital analysts said Monday.
Alaska Wilderness More Gas-Prone, Says USGS
The U.S. Geological Survey (USGS) last week sharply revised downward its estimate of conventional, undiscovered oil within the National Petroleum Reserve in Alaska (NPRA) after “recent exploration drilling” revealed “gas occurrence rather than oil in much of NPRA.”
NPRA Drilling Indicates Region More Gas-Prone, Says USGS
The U.S. Geological Survey (USGS) on Tuesday sharply revised downward its estimate of conventional, undiscovered oil within the National Petroleum Reserve in Alaska (NPRA) after “recent exploration drilling” revealed “gas occurrence rather than oil in much of NPRA.”
Pennsylvania Senate Shelves Marcellus Moratorium
A bill that would have placed a three-year moratorium on leasing of state forest land in Pennsylvania’s Marcellus Shale for natural gas exploration, drilling or production was referred to a committee Wednesday by the state’s Senate, which effectively killed the legislation for now.
Global Gas Output Up Nearly 4% in 2008, Says BP
Global natural gas production in 2008 jumped 3.8%, above the 10-year trend of 3%, driven mostly by the United States, which recorded its highest ever annual increase in output, according to BP plc’s annual review of world energy trends.
Global Gas Output Up Nearly 4% in 2008, Says BP
Global natural gas production in 2008 jumped 3.8%, above the 10-year trend of 3%, driven mostly by the United States, which recorded its highest ever annual increase in output, according to BP plc’s annual review of world energy trends.
Study: Gas in Arctic Is Mostly Russia’s
About 30% of the world’s undiscovered natural gas could be trapped beneath the land and waters of the Arctic north, according to a new assessment by geologists at the U.S. Geological Survey (USGS). Additionally, 13% of the world’s undiscovered oil could lie in the region.
Geologists: Lots of Gas in Arctic, Mostly Russia’s
About 30% of the world’s undiscovered natural gas could be trapped beneath the land and waters of the Arctic north, according to a new assessment by geologists at the U.S. Geological Survey (USGS). Additionally, 13% of the world’s undiscovered oil could lie in the region.