henry hub

West Primed for New Gas Infrastructure, Experts Say

If a variety of industry experts are correct, the western United States is on the brink of an upsurge in natural gas demand outstripping supply and resulting in a need for a new wave of infrastructure being built from the Rockies westward.

October 11, 2013
Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day

Antero’s Sweet Spot — Appalachia — Big Draw on Opening Day

Antero Resources Inc., which today is an Appalachian Basin-only operator, made a stunning debut Thursday on the New York Stock Exchange, with the share price up 18.2% from the opening of $44.00 to end the day at $52.01. More than 28.4 million shares traded hands, with “AR” the most-traded stock on the day.

October 11, 2013
Economic, Climate Benefits of Shale NatGas Questioned

Economic, Climate Benefits of Shale NatGas Questioned

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.

October 11, 2013

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.

October 11, 2013

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).

October 11, 2013

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.

October 11, 2013

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.

October 11, 2013

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).

October 11, 2013

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.

October 11, 2013

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.

October 11, 2013