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Officials with the Susquehanna River Basin Commission (SRBC) announced Wednesday that the agency had started a multi-year effort to study water quantity, but rebuffed calls for it to be expanded to a comprehensive environmental study that could include the impacts of hydraulic fracturing (fracking) in the basin.

Master integrated planning in the shale natural gas and liquids markets reduces working capital and makes the end-to-end process more consistent and predictable, according to an analysis by PwC.

Oil and natural gas prices are facing a “third variable” on plentiful natural gas liquids (NGL), which appears to be creating the next domestic supply glut, a KeyBanc Capital Markets (KBCM) analyst said Wednesday.

A consulting firm’s global market review makes a case for a Canadian open door policy, allowing foreign firms to have an equity share in developing Canadian liquefied natural gas (LNG) export projects and the resources that supply them.

A consulting firm’s global market review makes a case for a Canadian open door policy, allowing foreign firms to have an equity share in developing Canadian liquefied natural gas (LNG) export projects and the resources that supply them.

U.S. shale plays are on the right track, regulation-wise, even regarding hydraulic fracturing (fracking), according to oil and natural gas professionals surveyed recently by Deloitte LLP.

North Dakota again set new all-time highs for oil and natural gas production, drilling permits issued and producing wells in August, according to the latest report from state Department of Mineral Resources (DMR) Director Lynn Helms. The average price for sweet crude was up, too.

Although it recently dropped out of a Western Canada gas-to-liquids (GTL) project with Sasol Canada (see Shale Daily, June 29), Talisman Energy Inc. still foresees monetizing its Montney Shale reserves through “some form of conversion process,” CEO John Manzoni told financial analysts during an earnings conference call. Manzoni said the Montney resource is “big enough, it’s strategic enough, it’s material enough to be in some form of conversion process, which naturally now is more likely to be LNG [liquefied natural gas] then GTL, if that’s the case.” Multiple projects have been proposed to liquefy western Canadian gas and ship it to overseas markets (see Shale Daily, July 31). Manzoni alluded to the LNG projects and said, “…in the context of all of that, we are considering all options and continue to do so…for our Montney resource, how best to create the maximum value for Talisman at the right time for our Montney resource, which is very big and very strategic.”

The American Petroleum Institute (API) has launched a campaign to spread the news about jobs and other contributions the oil and gas industry makes to communities nationwide.