Fort Worth City Council members got an earful Tuesday night from a standing-room-only audience about a proposal to tighten drilling restrictions in the Barnett Shale town. Protected use areas, multiple well pad site permitting and saltwater disposal are among the items being weighed.
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Markets See More LNG Spot Action
As global liquefied natural gas (LNG) markets rely more heavily on spot transactions, the United States has been mostly a wallflower, leaning instead on cheap gas at home. Meanwhile, abundant shale gas supplies in North America — and potentially around the world — have not gone unnoticed in the LNG arena, according to the International Gas Union’s (IGU) newly released World LNG Report for 2010.
Spot Action Growing in Global LNG Market
As global liquefied natural gas (LNG) markets rely more heavily on spot transactions, the United States has been mostly a wallflower, leaning instead on cheap gas at home. Meanwhile, abundant shale gas supplies in North America — and potentially around the world — have not gone unnoticed in the LNG arena, according to the International Gas Union’s (IGU) newly released World LNG Report for 2010.
Emissions All In, Gas Still Beats Coal, Says Report
Even counting higher estimated emissions of methane (CH4) from shale gas production activities, natural gas-fired power generation still beats coal-fired power by a wide margin when it comes to overall greenhouse gas (GHG) emissions, according to a new study published by the gas-friendly American Clean Skies Foundation (ACSF).
Louisiana’s Latest Lease Sale Tilts Southward
Louisiana’s Mineral and Energy Board collected more than $11.5 million in bonuses in its March lease sale in which buyers heavily favored tracts in South Louisiana as opposed to the northern part of the state.
NorthernStar Drops Oregon LNG Plans
After six years, a heavily conditioned FERC approval and continuing state opposition, NorthernStar Natural Gas Corp. threw in the towel last Tuesday on its proposed $800 million, 1 Bcf Bradwood Landing liquefied natural gas (LNG) receiving terminal along the Columbia River in Oregon after declaring bankruptcy.
NorthernStar Drops Oregon Bradwood Landing LNG Plans
After six years, a heavily conditioned FERC approval and continuing state opposition, NorthernStar Natural Gas Corp. threw in the towel Tuesday on its proposed $800 million, 1 Bcf Bradwood Landing liquefied natural gas (LNG) receiving terminal along the Columbia River in Oregon. Company officials cited the extended permitting delays and a “difficult investment environment” as the primary causes.
U.S., Canadian Onshore a Magnet for Money
Majors and European-based international oil companies (IOC) invested heavily in U.S. onshore shale natural gas through both asset and corporate mergers and acquisitions (M&A) in 2009, lifting the percentage of global spending for the United States to more than 40% of worldwide transaction value, according to energy research firm IHS Herold.
U.S., Canadian Onshore a Magnet for Money
Majors and European-based international oil companies (IOC) invested heavily in U.S. onshore shale natural gas through both asset and corporate mergers and acquisitions (M&A) in 2009, lifting the percentage of global spending for the United States to more than 40% of worldwide transaction value, according to energy research firm IHS Herold.
U.S., Canadian Onshore a Magnet for Money
Majors and European-based international oil companies (IOC) invested heavily in U.S. onshore shale natural gas through both asset and corporate mergers and acquisitions (M&A) in 2009, lifting the percentage of global spending for the United States to more than 40% of worldwide transaction value, according to energy research firm IHS Herold.