When buying acreage in a hot unconventional gas play, like the Barnett Shale in North Texas, it’s important to not lose your nerve at checkbook time. U.S. shale plays are hot and getting hotter. If your company is late to the party, that’s OK. Just know that the admission price is higher now.
Important
Articles from Important
West to Become More Natural Gas Dependent, PSE Executive Says
In the absence of a real comprehensive national energy policy, and with important policy decisions in California and British Columbia limiting options, the West will become even more dependent on natural gas in the next 10 years, according to Eric Markell, senior vice president at Puget Sound Energy (PSE). He thinks the region has no other choice.
Keltic Brings in Partner to Manage, Operate LNG Terminal in Nova Scotia
Keltic Petrochemicals Inc. took an important step in the development of its planned liquefied natural gas (LNG) import terminal in Goldboro, NS, by signing an agreement with The Netherlands-based Petroplus International BV for management and operation of the proposed import terminal, including LNG supply procurement.
Canadian Pipeline Industry Warns of Higher Gas Prices if Projects Are Delayed
The results of two studies released Monday by the Canadian pipeline industry emphasize in clear financial terms how important it is for governments to ensure timely regulatory review and approval of new pipeline infrastructure projects. One report finds that gas consumers in Canada could face up to $58 billion in additional natural gas costs over the next 19 years if there is just a two-year delay in construction of the Mackenzie Pipeline, the Alaska Pipeline and proposed liquefied natural gas (LNG) import terminals.
President Makes Known His Wish List for Energy Bill
Any comprehensive energy legislation that Congress sends to the White House must meet “four important objectives,” including greater use of technology, increased domestic production, supply diversity and a more reliable transmission-pipeline system, President Bush said in his Saturday radio address to the nation.
APGA Suggests Delaying Storage Announcement to Ensure Accuracy
Since the accuracy of the weekly storage survey results in the first instance is most important to the smooth operation of the natural gas market, the Energy Information Administration (EIA) should include in its operating rules a provision allowing the agency to delay its regularly scheduled announcement if it suspects its data is incorrect, but hasn’t had time to identify the error, the American Public Gas Association (APGA) said in comments recently.
APGA Suggests Delaying Storage Announcement to Ensure Accuracy
Since the accuracy of the weekly storage survey results in the first instance is most important to the smooth operation of the natural gas market, the Energy Information Administration (EIA) should include in its operating rules a provision allowing the agency to delay its regularly scheduled announcement if it suspects its data is incorrect, but hasn’t had time to identify the error.
Energy Secretary Nominee, Gas Association Leaders See Energy Bill as a Top Priority
A comprehensive energy bill will be “among the most important matters to come before this Congress” in the upcoming months, Energy Secretary nominee Sam Bodman said during his Senate confirmation hearing last Wednesday. Business leaders and representatives of leading natural gas associations echoed that sentiment at a “State of the Energy Industry” roundtable last week.
Energy Secretary Nominee Sees Energy Bill as a Top Priority
A comprehensive energy bill will be “among the most important matters to come before this Congress” in the upcoming months, Energy Secretary nominee Sam Bodman said during his Senate confirmation hearing Wednesday.
West Region Gas Study Seeks Added Input After CA Workshop
Presentations were made, questions raised, and most important, assumptions aired during last Tuesday’s kickoff meeting in Sacramento for the Western Governors’ Association (WGA) natural gas supply/demand study of the West region of North America. Additional input before the research begins is due to the California Energy Commission (CEC) by July 7.