The Senate Energy and Natural Resources Committee has scheduled three forums on natural gas issues in May. The forums, which would be held in a roundtable format “to encourage discussion and allow flexibility to find areas of agreement,” would include input from members and a variety of stakeholders, according to committee Chairman Ron Wyden (D-OR) and ranking member Lisa Murkowski (R-AK). Topics for the forums are “Infrastructure, Transportation, Research and Innovation” (May 16), “Domestic Supply and Exports” (May 21) and “Shale Development: Best Practices and Environmental Concerns” (May 23).
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DJ Basin Independent Hitting on All Wells, Forms JV
During its second fiscal quarter, which ended Feb. 28, Platteville, CO-based independent Synergy Resources Corp. continued its 100% success rate in the Wattenberg Field in the Denver-Julesberg (DJ) Basin. Synergy recently struck a joint venture (JV) agreement in the DJ Basin as well.
March 12, 2013
Authority Takes Consol’s Lower Bid for Allegheny Airports Lease
The Allegheny County Airport Authority (ACAA), which runs Pittsburgh International Airport and Allegheny County Airport, has accepted the lower of two bids it received to drill Marcellus Shale natural gas wells on airport property.
December 18, 2012
Midstates Petroleum Grabs $650M Slice of Mississippian Lime
Midstates Petroleum Co. agreed to pay Eagle Energy Production LLC $650 million in cash and stock for all of Eagle’s producing properties, and both developed and undeveloped acreage, primarily in the Mississippian Lime oil play in Oklahoma and Kansas, the Houston-based producer said Monday.
August 14, 2012
Midstreams DCP, Energy Transfer Struggle on Weak NGL Prices
Lower natural gas liquids (NGL) prices weighed down 2Q2012 earnings for both DCP Midstream Partners LP (DPM) and Energy Transfer Equity LP (ETE), the companies’ executives said in separate conference calls with analysts Wednesday.
August 9, 2012
Foreign Producers Rethink U.S. Gas Projects
Foreign energy producers Statoil ASA, BHP Billiton Ltd. and BG Group plc, which have eagerly — and substantially — invested in U.S. unconventional natural gas over the past few years, are eschewing the low-priced fuel and following other operators to domestic liquids and oil plays, executives said last week.
February 13, 2012
Foreign Producers Eschew Onshore Gas Portfolios
Foreign energy producers Statoil ASA, BHP Billiton Ltd. and BG Group plc, which have eagerly — and substantially — invested in U.S. unconventional natural gas over the past few years, are eschewing the low-priced fuel and following other operators to domestic liquids and oil plays, executives said this week.
February 10, 2012
PG&E Responds to Latest Pipe Criticism
Noting that it had invested nearly $1.5 billion during the past 26 years to replace one-third of its natural gas transmission system, Pacific Gas and Electric Co. (PG&E) attempted Wednesday to put in perspective concerns and alleged inconsistencies cited by officials regarding its work before and after a catastrophic pipeline rupture last year in San Bruno, CA.
May 20, 2011
Raymond James: Don’t Hold Breath for European Shale Gas
Last year “large overseas companies” invested more than $15 billion in U.S. shale plays, and they weren’t putting down the money to “expect juicy margins at $4/Mcf gas,” analysts with Raymond James & Associates Inc. said last week.
April 25, 2011
Raymond James: Don’t Hold Breath for European Shale Gas
Last year “large overseas companies” invested more than $15 billion in U.S. shale plays, and they weren’t putting down the money to “expect juicy margins at $4/Mcf gas,” analysts with Raymond James & Associates Inc. said Monday.
April 20, 2011
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