North Dakota continues to set all-time records for oil and gas production based on the most recent statistics available as of the end of October, according to Lynn Helms, director of the state Industrial Commission’s Department of Mineral Resources (DMR). He noted that the oil and gas industry still plans to invest more than $3 billion in the state through 2013.
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Existing LNG Sites Have Export Advantage, Says Sempra Exec
Widespread development of natural gas export capability in the United States could be a huge boost to the U.S. economy, to natural gas infrastructure companies and to liquefied natural gas (LNG) import facilities that now are stymied by a disjointed global market for gas that currently has U.S. prices lagging below those in the rest of the world, according to Darcel Hulse, Sempra Energy’s outgoing CEO for LNG operations.
Existing LNG Sites Hold Inside Track to Exports, Sempra Exec Says
Widespread development of natural gas export capability in the United States could be a huge boost to the U.S. economy, to natural gas infrastructure companies and to liquefied natural gas (LNG) import facilities that now are stymied by a disjointed global market for gas that currently has U.S. prices lagging way below those in the rest of the world, according to Darcel Hulse, Sempra Energy’s outgoing CEO for LNG operations.
Mobile CNG Fueling On the Move in British Columbia
Seal Beach, CA-based Clean Energy Fuels Corp.’s fueling infrastructure manufacturer, IMW Industries, on Monday introduced a new self-contained, mobile compressed natural gas (CNG) fueling station designed for small to mid-size vehicle fleets. The announcement from IMW’s Vancouver, BC, headquarters comes within days of a Canadian industry-government launch of a nationwide effort to boost the use of natural gas for transportation in Canada (see related story).
House, Senate Strike Deal on Pipe Safety Legislation
The House and Senate have reached a hard-fought agreement on pipeline safety legislation, the leaders of the House Transportation and Infrastructure committee said Thursday.
Corps of Engineers Releases Point Thomson DEIS
Construction of industrial infrastructure and production of liquid hydrocarbon resources near Point Thomson, AK, by ExxonMobil Corp. and affiliate PTE Pipeline LLC is one step closer with the release of a draft environmental impact study (DEIS) by the U.S. Army Corps of Engineers.
Industry Briefs
US Infrastructure Holdings LLC (USI) is buying the Wildcat Sabine Gathering System in the Bossier-Haynesville Shale. The newly constructed 28-mile pipeline runs along the Texas-Louisiana border in the northwest corner of Sabine Parish, LA, and gathers and transports gas for producers including Eagle Oil & Gas Co., which has dedicated acreage from its North Toledo Bend Project. The system has takeaway capacity of 200 MMcf/d and includes treating and compression facilities. USI said it will begin construction of a 20-mile extension at the southern end of the Wildcat system to provide producers with direct access to markets served by Gulf South Pipeline Co. LP and Tennessee Gas Pipeline. The expansion will bring Wildcat’s takeaway capacity to 400 MMcf/d and is expected to be complete by mid-2012.
Corps of Engineers Releases Point Thomson DEIS
Construction of industrial infrastructure and production of liquid hydrocarbon resources near Point Thomson, AK, by ExxonMobil Corp. and affiliate PTE Pipeline LLC is one step closer with the release of a draft environmental impact study (DEIS) by the U.S. Army Corps of Engineers.
Rex to Bring Utica Well Online in January
Rex Energy Corp. is reporting results from its first Utica Shale test well that exceed initial results from a Chesapeake Energy Corp. well drilled nearby earlier this year.
Onshore Development Causing Oil, Gas Supply Glut, Says Analyst
An interior oil and natural gas supply glut, the result of strong output from shales and tight oil and gas plays, is developing because infrastructure can’t keep up, and that in turn is pressuring prices, according to Canaccord Genuity.