Looking

Industry Brief

Idaho regulators are looking at the latest integrated resource plan (IRP) of PacifiCorp’s Rocky Mountain Power unit, which assumes modest 1.1% annual growth and some changes in coal-fired power generation, including the retirement of a unit and replacement with a new natural gas-fired generation facility. Salt Lake City-based Rocky Mountain is the PacifiCorp operating utility in Idaho, Utah and Wyoming. Part of the IRP filed with the Idaho Public Utilities Commission (PUC) calls for Rocky Mountain converting its Naughton Unit 3 coal-fired plant near Kemmerer, WY, to a natural gas-fired plant, and installing emissions control equipment on coal units in Utah (Hunter Unit 1) and Wyoming (Jim Bridger Units 3 and 4). The utility said that these plans are not final, due to the uncertainty of the future federal carbon tax legislation and the U.S. Environmental Protection Agency’s final new standards for power plants. The PUC said it is taking comments from the public through Aug. 8.

July 1, 2013

Forbes U.S. Billionaires Prefer Shale

Any U.S. oil and gas wildcatter looking for a way to get on the Forbes annual Billionaires list might take a hint from some of the interests among those who made this year’s list, published Monday. They like oil and they like natural gas, and many of them especially like shale.

June 26, 2013

Encana Taps Former BP Operating Chief as CEO

Former BP plc operating chief Doug Suttles on Tuesday took over as CEO and president of Encana Corp., one of the largest natural gas producers in North America.

June 12, 2013

Northeast NatGas Generators Banking on ‘Price Appreciation’

Utility developers working on combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” that will come from the excess natural gas, according analysts with Tudor, Pickering, Holt & Co. Inc. (TPH).

May 28, 2013

Marcellus Utility Investments Eyed for Low-Cost Gas, Not Demand

Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).

May 28, 2013

Marcellus Utilities Eyed for Low-Cost NatGas, Not Demand

Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).

May 27, 2013

Cabot to Use Marcellus Gas to Power Pennsylvania Fracking

Cabot Oil & Gas Corp., whose central operations are in the Marcellus Shale, said Monday it plans to use natural gas to power hydraulic fracturing (fracking) equipment in northeastern Pennsylvania.

May 21, 2013

Forest’s Texas Three-Step Leans Toward Eagle Ford

Forest Oil Corp. continues to step up its activity in the Eagle Ford Shale of South Texas with the aid of a recently struck joint venture while it expands activity in the Texas Panhandle. East Texas results remain consistent and predictable, and the company is developing a new oil project in the area, said CEO Patrick R. McDonald.

May 9, 2013

NatGas Prices Lift Texas Industry Index

Texas oil and gas activity is looking up after months of declining rig counts and stagnant natural gas prices, nudging an industry barometer, the Texas Petro Index (TPI), up in March.

May 6, 2013

Pioneer Beat 1Q Production Guidance With Liquids-Rich Trio

Pioneer Natural Resources Co.’s Eagle Ford Shale play is “hitting on all cylinders,” and in the liquids-rich Barnett Shale combo play, well costs are declining, COO Timothy Dove said during an earnings conference call.

May 6, 2013
‹ Previous 1 2 3 38