Producing areas can lead the way in natural gas vehicle (NGV) use in their own backyard, building out from trucking corridors to include natural gas fueling for smaller vehicles.
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Consol Defers Some Marcellus Drilling
Consol Energy Inc. said last week it has too much of a good thing — natural gas — and low prices will lead to reduced spending and well drilling in the Marcellus Shale this year.
Consol Waiting for Higher Gas Prices, Defers Some Marcellus Drilling
Consol Energy Inc. said Thursday it has too much of a good thing — natural gas — and low prices will lead to reduced spending and well drilling in the Marcellus Shale this year.
Shale Gas Seen as Major Factor in LNG Export
The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).
Multiple Factors Complicate Natural Gas Export Issue
The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).
Shale-Driven Low Gas Prices Reorder Power Sector
Shale-inspired historic low prices for natural gas are reconfiguring the electricity generation sector, particularly for renewable or clean power, according to Sacramento, CA-based consultant/independent power entrepreneur Mark Henwood. The market is beginning to notice what Henwood called “this rapid shift in natural gas economics.”
Energy Industry Optimistic for 2012
The global economy has stabilized or is improving, which will lead to more investments and job growth in 2012 for the oil and gas industry, according to a majority of energy executives surveyed by Ernst & Young LLP.
Energy Industry Expects More Investment, Job Growth in 2012
The global economy has stabilized or is improving, which will lead to more investments and job growth in 2012 for the oil and gas industry, according to a majority of energy executives surveyed by Ernst & Young LLP.
Oil Plays Lead Unconventional Drilling Growth
The Cana-Woodford, Eagle Ford and Bakken/Sanish/Three Forks plays continued to lead the activity growth in unconventional fields over the last year as oil and gas producers put more weight on liquids-rich shales to take advantage of higher commodity prices found in oil and natural gas liquids. Conversely, some of the nation’s dry gas shales have seen the largest drilling activity declines as natural gas prices remain below $4/MMBtu for much of the country.
Oil Plays Lead Unconventional Drilling Growth
The Cana-Woodford, Eagle Ford and Bakken/Sanish/Three Forks plays continued to lead the activity growth in unconventional fields over the last year as oil and gas producers put more weight on liquids-rich shales to take advantage of higher commodity prices found in oil and natural gas liquids. Conversely, some of the nation’s dry gas shales have seen the largest drilling activity declines as natural gas prices remain below $4/MMBtu for much of the country.