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Fort Worth, TX-based Quicksilver Resources Inc. — which makes a specialty of targeting unconventional reservoirs, including gas shales — said more than half of its capital budget for 2011 of $455 million will be spent in Texas.

Fort Worth, TX-based Quicksilver Resources Inc. — which makes a specialty of targeting unconventional reservoirs, including gas shales — said more than half of its capital budget for 2011 of $455 million will be spent in Texas.

Given the difference in prices for natural gas liquids (NGL) and dry gas, NGL content in the Eagle Ford Shale “makes for a much more pleasant experience” for producers there, Kinder Morgan Energy Partners LP (KMP) Chief Rich Kinder told financial analysts Wednesday. And burgeoning activity in the South Texas play has filled up a KMP midstream project there.

Given the difference in prices for natural gas liquids (NGL) and dry gas, NGL content in the Eagle Ford Shale “makes for a much more pleasant experience” for producers there, Kinder Morgan Energy Partners LP (KMP) Chief Rich Kinder told financial analysts last week. And burgeoning activity in the South Texas play has filled up a KMP midstream project there.

Natural gas prices should rebound to “reasonable” levels of $6-7/MMBtu long term, which makes the abundant fossil fuel more attractive to develop than renewable resources, ConocoPhillips CEO Jim Mulva said last week.

Natural gas prices should rebound to “reasonable” levels of $6-7/MMBtu long term, which makes the abundant fossil fuel more attractive to develop than renewable resources, ConocoPhillips CEO Jim Mulva said Monday.

Projecting flat demand for natural gas in the state for the next two decades, the latest California Gas Report released by the state’s major utilities and regulators essentially makes it difficult to support new interstate pipeline capacity, a former regulatory attorney told the Law Seminars International “Energy in California” conference last week in San Francisco.

Projecting flat demand for natural gas in the state for the next two decades, the latest California Gas Report released by the state’s major utilities and regulators essentially makes it hard to support new interstate pipeline capacity, a former regulatory attorney told the Law Seminars International “Energy in California” conference Monday in San Francisco.

El Paso said it continues to operate under pressure restrictions in a section of Line 1102 north of Amarillo Compressor Station that makes it unable to physically transport gas north or south between the Amarillo and Dumas compressor stations. Transportation through this segment will be scheduled only to the extent that net nominations in both directions are approximately zero, the pipeline said. It has now acquired all of the property required for rerouting this segment. El Paso said. It expects to start construction in August with an anticipated in-service date around Oct. 5.