Unconventional natural gas in the onshore likely will keep U.S. prices low until 2020, but it may not translate to climate benefits or an improved economy, according to an elite group of industry, academic and scientific experts.
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MSC Issues Best Practices for Drilling, Completions
With production, takeaway capacity and employment all on the rise in the Appalachian Basin, the Marcellus Shale Coalition (MSC) on Wednesday issued a list of recommended practices for drilling and completing oil and natural gas wells in the play.
New Water Treatment Eyed for Oil/Gas Industry
With the potential to help satisfy growing regulatory concerns about flowback and produced water used in hydraulic fracturing (fracking), Los Angeles-based OriginOil Inc. has signed a pay-per-barrel agreement with small Colorado-based water treatment company Industrial Systems Inc. (ISI).
EIA Shuts Down Operations, Furloughs Staff
The U.S. Department of Energy’s (DOE) Energy Information Administration (EIA), one of the few governmental agencies that was able to stay open during the beginning days of the shutdown because it had non-annual funds, said it would cease operations and furlough its staff at the end of the day Friday.
People
The board of directors of the Interstate Natural Gas Association of America (INGAA) elected David J. Devine, president of central regional natural gas pipelines for Kinder Morgan, as chairman. Devine, who was elected second vice chair last year, follows C. Gregory Harper as INGAA chairman (see Daily GPI, Oct. 4, 2012). The board also elected Ron Tanski, CEO of National Fuel Gas Co., as first vice chairman, and Jimmy Staton, vice president of NiSource and group CEO of Columbia Pipeline Group, as second vice chair. INGAA officers are elected for one-year terms.
Report Finds Uncertainty Over NatGas as Fuel, GHG Emissions Testing
Pennsylvania’s status as “a major energy producing state,” and the possible impacts the state may see from climate change have not changed significantly over the last four years, according to a report commissioned by the Pennsylvania Department of Environmental Protection (DEP).
North Dakota Oil Spill ‘Under Control,’ Officials Say
A 20,600 bbl Bakken crude oil spill in North Dakota from a leak sprung in a Tesoro Logistics LP pipeline in a wheat field northeast of Tioga, ND, on Friday was fully contained, under control and in the process of being remediated, according to state and company officials. The leak had originally been detected Sept. 29 and was mistakenly thought to be much smaller.
Weak East Sets Up Widespread Losses; Futures Continue Gains
Physical natural gas prices for weekend and Monday delivery eased in Friday’s trading with points in the loss column having a slight edge over those in the win column.
Florida, Ohio Links Set for NatGas Highway
Clean Energy Fuels Corp. has signed a multi-year natural gas fueling deal with an interstate long-haul trucking firm, Raven Transport Inc., that will include completing two new fueling stations in Clean Energy’s “natural gas highway” in Florida and Ohio.
Crestwood Bolting On Bakken Pipes with Arrow Buy
Crestwood Midstream Partners LP is buying privately-held Arrow Midstream Holdings LLC for $750 million, expanding its focus in the Bakken Shale and building on its just-completed merger with Inergy Midstream.