Maps

The U.S. Energy Administration (EIA) wants to give the oil and gas industry a history lesson.

The Ohio Department of Natural Resources (ODNR) has updated several maps and data charts for the Utica Shale and Point Pleasant formation, including one map showing the weight of Total Organic Carbon (TOC) that could be used by operators to decide where to drill in the future.

The pace and extent of development in the Pennsylvania portion of the Marcellus Shale now may be “seen” in animated maps produced by the Penn State Marcellus Center for Outreach and Research, officials said Tuesday.

Industry analysts following flows of liquefied natural gas (LNG) will be drawing another arrow on their maps if Cheniere Energy Partners LP (Cheniere) is successful in a bid to add liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, LA.

Industry analysts following flows of liquefied natural gas (LNG) will be drawing another arrow on their maps if Cheniere Energy Partners LP (Cheniere) is successful in a bid to add liquefaction services at the Sabine Pass LNG receiving terminal in Cameron Parish, LA.

In spite of weather maps showing temperatures in the mid 80s or greater in the eastern two-thirds of the U.S. and the previous day’s rebound of 8.3 cents by July futures, cash prices fell at nearly all points Friday. Concerns about the growing storage surplus (and its down-the-road implications) along with the weekend loss of industrial load obviously commanded the most market influence.

Exploration and production (E&P) companies take different routes in their drive to add value, and their road maps may follow mergers and acquisitions, organic growth, diversification or a simple focus on one region. However, what sets the winners apart is how well they execute their strategies and how quickly they evolve when times change, a John S. Herold equity analyst said Thursday.

Senate Republicans pulled out all the stops last week to get the Democratic leadership to move on energy legislation before the end of the session, and even vowed to tack on an energy bill to other legislation such as the economic-stimulus measure pending in the upper chamber.