Increasing

Production from North American shale plays will continue to keep natural gas prices from increasing significantly any time soon, Royal Dutch Shell plc CEO Peter Voser told financial analysts in London Thursday.

Rosetta Resources Inc. said it achieved double-digit growth in production and proved reserves while it “significantly reduced” well costs during 2012. The company said it replaced 472% of production from all sources at a reserve replacement cost of $10.03/boe.

Enbridge Energy Partners LP’s North Dakota crude oil pipeline system has been underutilized since November due to increasing competition from rail and other pipeline transport options, refiner Flint Hills Resources LP, a unit of Koch Industries Inc., told FERC in a filing.

For 2013, Southwestern Energy Co. is dialing down spending by $100 million but expects to increase net natural gas and oil production by 11-13% from this year. Drilling is increasing on the eastern side of the Fayetteville Shale, and new pipeline infrastructure is taking more gas to market from the Marcellus Shale, the company said.

For 2013, Southwestern Energy Co. is dialing down spending by $100 million but expects to increase net natural gas and oil production by 11-13% from this year. Drilling is increasing on the eastern side of the Fayetteville Shale, and new pipeline infrastructure is taking more gas to market from the Marcellus Shale, the company said.

In an effort to determine which government agency has oversight authority for the Bushton, KS, natural gas liquids (NGL) fractionation plant, three subsidiaries of Oneok Partners LP have filed a declaratory judgment action in federal District Court in Tulsa, OK, seeking a ruling on the jurisdictional limits of the Pipeline and Hazardous Materials Safety Administration (PHMSA).

Under increasing scrutiny since the San Bruno natural gas transmission rupture and explosion two years ago, Pacific Gas and Electric Co. (PG&E) on Thursday announced its use of advanced pipeline leak-detection equipment.

Dramatically increasing the production of domestic natural gas, oil and coal offers the United States its best opportunity to create sustainable jobs, but political wrangling stands in the way of achieving that goal, according to a new report from the Manhattan Institute for Policy Research.

Dramatically increasing the production of domestic natural gas, oil and coal offers the United States its best opportunity to create sustainable jobs, but political wrangling stands in the way of achieving that goal, according to a new report from the Manhattan Institute for Policy Research.