Located

Dow’s U.S. Shale ‘Feedstock Opportunities’ Seen on Track

Dow Chemical Co. officials on Monday said a comprehensive plan to connect U.S. operations with “cost-advantaged feedstocks” from abundant supplies of domestic shale gas is moving forward and is on track to deliver long-term competitive advantages for the worldwide operations.

December 5, 2012

Industry Briefs

Natural Gas Pipeline Co. of America (NGPL) has kicked off an open season for space on its Sabine Henry Hub Project for deliveries to a proposed new delivery point to be located in Cameron Parish, LA — the site of an existing liquefied natural gas terminal and proposed export facility. The pipeline, which is a subsidiary of Kinder Morgan, proposed the $8.6 million project after it received a request from a shipper, which NGPL declined to identify, for 225,000 Dth/d of firm capacity to transport gas to the proposed delivery point at Cameron Parish. The shipper has subscribed the entire capacity of the expansion for a primary term of 10 years and has agreed to bear the full cost of the project. Depending on the open season reason, NGPL will “evaluate whether a bigger project makes economic sense based on the bids received in response to the open season,” said Kinder Morgan spokesman Joe Hollier. As part of the expansion, new meter facilities would be installed at the the interconnection between NGPL and Sabine Henry Hub to allow the bi-directional flow of up to 500,000 Dth/d in each direction. The open season will run through Oct. 15.

September 24, 2012

NGPL Launches Open Season for Sabine Henry Hub Project

Natural Gas Pipeline Co. of America (NGPL) has kicked off an open season for space on its Sabine Henry Hub Project for deliveries to a proposed new delivery point to be located in Cameron Parish, LA — the site of an existing liquefied natural gas (LNG) terminal and proposed export facility.

September 20, 2012

Marcellus Partner EOG Won’t Hit Drilling Target, Says Seneca

Seneca Resources Corp. has reduced its outlook in the Marcellus Shale after long-time joint venture (JV) partner EOG Resources Inc. said it didn’t expect to drill the minimum number of wells that were defined under an area of mutual interest (AMI).

July 27, 2012

Marcellus Could Spark Life into Old Oil Complex, Says IHS

Marcellus Shale reserves may spark life into a shuttered, 110-year-old oil refinery complex south of Philadelphia that once supported nearly 500 jobs, according to IHS Inc. researchers.

June 29, 2012

Town of Rochester, NY, Weighing Gas Extraction Ban

Officials in the Town — not the City — of Rochester, NY, are considering a ban on natural gas extraction.

June 6, 2012

Antero Exits, Vanguard Enters Arkoma Basin in $445M Deal

Denver-based Antero Resources is unloading its Arkoma Basin assets and redeploying capital to Appalachian shale plays while Vanguard Natural Resources LLC, which is buying Antero’s mostly natural gas Arkoma assets for $445 million, is establishing a new operating area with the deal.

June 5, 2012

Industry Brief

The Interior Department’s first assessment of the shale potential of Alaska’s North Slope found the potential for up to 2 billion bbl of undiscovered, technically recoverable oil and 80 Tcf of undiscovered, technically recoverable gas, according to the U.S. Geological Survey (USGS). “We looked under the entire North Slope of Alaska,” said USGS Director Marcia McNutt, who called it a landmark study. The results will enable industry to make “good seismic decisions,” will guide their investments, said Anne Castle, assistant secretary of water and science. Alaska’s shale resources “hold great promise,” but production has never been attempted due to the infrastructure challenges, Castle noted. Three source rocks of the Alaska North Slope were assessed in the study: the Triassic Shublik Formation, the lower part of the Jurassic-Lower Cretaceous Kingak Shale, and the Cretaceous pebble shale unit-Hue Shale, according to USGS. It said those shale formations are known to have generated oil and gas that migrated into conventional accumulations, including the Prudhoe Bay field. But the shales also likely retain oil and gas that did not migrate. If the shale gas should be developed, it’s remains an open questions as to whether it could make its way to the United States, which lacks pipelines and/or a West Coast liquefied natural gas (LNG) import terminal for the gas to be delivered. The nation’s sole export terminal, located in Kenai, AK, exports LNG to Asian markets.

February 27, 2012

Pelican State Gets Its First LNG Station

Encana Corp.’s Encana Natural Gas Inc. has opened what it says is the first liquefied natural gas (LNG) fueling station in Louisiana. Located at The Relay Station in Frierson, the facility will serve the fueling needs of heavy-duty truck fleets.

February 27, 2012

Driller: In the Marcellus, Growth Has Its Seasons

Executives at drilling and pressure pumping contractor Patterson-UTI Energy Inc. have experienced a seasonal slowdown in the northeastern U.S. energy patch, they told financial analysts during an earnings conference call.

February 6, 2012