As a barometer of just how much wholesale natural gas prices have jumped in recent months, Questar Corp. distribution utility Questar Gas Co. Thursday filed for more than $405 million in separate natural gas cost recovery rate cases with both the Utah and Wyoming regulatory commissions, which will result in substantial retail rate hikes starting July 1.
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CERA: Upstream Building Costs Climb 6% in Six Months
The costs to construct new oil and natural gas upstream facilities have jumped 6% in the past six months and have doubled in just three years, according to the most recent IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index.
CERA: Upstream Building Costs Climb 6% in Six Months
The costs to construct new oil and natural gas upstream facilities have jumped 6% in the past six months and have doubled since 2005, according to the most recent IHS/Cambridge Energy Research Associates (CERA) Upstream Capital Costs Index.
Canadian Deliveries to U.S. Surge on Storage Reductions
Winter Canadian natural gas exports leapt 15% as producers and marketers jumped to take advantage of heating season by paring down surpluses in storage, according to the latest trade data collected by the National Energy Board (NEB).
Canadian Deliveries to U.S. Surge on Storage Reductions
Winter Canadian natural gas exports leapt 15% as producers and marketers jumped to take advantage of heating season by paring down surpluses in storage, according to the latest trade data collected by the National Energy Board (NEB).
Fuel Switching ‘Harbinger of Things to Come’
With oil prices hovering around $100/bbl and natural gas trading below $8/Mcf, gas deliveries to dual-fired power plants jumped last year and likely will continue, Bentek Energy LLC reported.
In High Crude/Gas Ratio, Fuel Switching ‘Harbinger of Things to Come’
With oil prices hovering around $100/bbl and natural gas trading below $8/Mcf, gas deliveries to dual-fired power plants jumped last year, Bentek Energy LLC reported Wednesday.
ConocoPhillips Bumps BP to Lead in 3Q U.S. Gas Output
Strong but moderating U.S. onshore natural gas growth lifted third quarter production 1.1% sequentially from the previous quarter and jumped output by 3.5% from the same period a year ago, according to a survey of 39 producers.
XTO Drilling Success Powers 10% Growth in 1Q Output
XTO Energy Inc. reported that its natural gas-weighted production in the first three months of the year jumped 10% from a comparable period in 2006 to 1.602 Bcfe/d from 1.460 Bcfe/d, powered by its leasehold in the Barnett Shale. The Fort Worth-based independent expects to sustain at least 10% production growth through the year, executives said.
Downeast LNG Project Comes Under Fire from Concerned Residents
Saying Downeast LNG “jumped the gun” in its race for permits, a group of concerned residents and organizations recently called on the Maine Board of Environmental Protection (BEP) to reject the company’s application to build a liquefied natural gas (LNG) terminal in Robbinston, ME.