Making

Industry Briefs

UGI Energy Services Inc. and Capitol Energy Ventures Corp. have taken firm capacity on the proposed Commonwealth Pipeline, making them anchor shippers on the project, which is sponsored by Inergy Midstream LP, UGI Energy and Capitol Energy. The contracts are for 10 years at negotiated rates. Commonwealth would provide a path for bringing gas produced in the Marcellus and Utica shale plays to markets in central and southeastern Pennsylvania and the greater Mid-Atlantic region (see Shale Daily, May 8). The proposed interstate pipeline will consist initially of 120 miles of 30-inch diameter pipeline extending from the southern terminus of the Inergy Midstream’s MARC I Pipeline in Lycoming County, PA, to several points of interconnection in southeastern Pennsylvania with other interstate pipelines, including NiSource Gas Transmission and Storage, Texas Eastern Transmission Co., Transco Pipeline, and Eastern Shore Natural Gas Co.

September 27, 2012

U.S. Onshore Still Tops for Investment, Says Tudor

The onshore United States “remains the No. 1 place for investment” and the likelihood for future deal making “remains high,” according to Tudor, Pickering, Holt & Co. (TPH) CEO Bobby Tudor.

September 26, 2012

California Plans for Long-Term Nuclear Plant Loss

California’s electricity grid operator last week indicated it was making plans for a long-term loss of the 2,200 MW San Onofre Nuclear Generating Station (Songs), which is now in its eighth month out of service with no prospects for a resumption of operations.

September 18, 2012

Cabot Hits Record Output in Marcellus

Cabot Oil & Gas Corp. announced Tuesday that its gross production in the Marcellus Shale has averaged more than 700 MMcf/d for the last two weeks, hitting a record 752 MMcf for one 24-hour period.

September 6, 2012

Economic Sense Has BC Gas Heading to Asia, Report Finds

Asian markets offer the best financial outlet for the abundant natural gas supplies in British Columbia (BC), the Canadian Energy Research Institute (CERI) has concluded in a new report.

August 20, 2012

Utica Geology Slowly Dividing Companies Into ‘Winners’ and ‘Losers’

As energy companies begin collecting production data from the few wells drilled so far in Ohio’s portion of the Utica Shale, a picture is starting to emerge that company executives and industry experts agree will determine how, where and when the play will ultimately be developed.

August 16, 2012

July Hottest Month Ever For Lower 48

The average temperature for the contiguous United States last month was 77.6 degrees, or 3.3 degrees above the 20th century average, making it the hottest month on record for the nation, according to the National Oceanic and Atmospheric Administration’s (NOAA) National Climatic Data Center (NCDC).

August 13, 2012

New York Governor Said to Still Back Some Fracking

New York Gov. Andrew Cuomo is reportedly close to making a public endorsement of high-volume hydraulic fracturing (HVHF) and will unveil a plan to allow the practice on a limited scale initially, but under strict regulation and only in localities that welcome it.

August 13, 2012

July Hottest Month Ever For Lower 48

The average temperature for the contiguous United States last month was 77.6 degrees, or 3.3 degrees above the 20th century average, making it the hottest month on record for the nation, according to the National Oceanic and Atmospheric Administration’s (NOAA) National Climatic Data Center (NCDC).

August 9, 2012

NY’s Cuomo Edging Toward Limited Shale Drilling

New York Gov. Andrew Cuomo is reportedly close to making a public endorsement of high-volume hydraulic fracturing (HVHF) and will unveil a plan to allow the practice on a limited scale initially, but under strict regulation and only in localities that welcome it.

August 8, 2012