Appalachian Basin producer Consol Energy Inc. said Monday its estimated proved, probable and possible (3P) reserves totaled 20.2 Tcf at the end of 2011, which was 41% higher than in 2010.
Means
Articles from Means
Idaho Proposes New Oil, Gas Rules
A state lower house committee in the Idaho legislature last Tuesday approved a new set of rules for the oil/gas industry. The House Resources and Conservation Committee voted 16-1 in favor of the new rules that were hammered out with the industry and other stakeholders.
EPA Weighing Expanded North Texas Ozone Region
The Environmental Protection Agency (EPA) is considering adding two Texas counties — Wise and Hood — overlying the Barnett Shale in North Texas to the Dallas-Fort Worth (DFW) nonattainment area, which has failed to meet federal standards for ozone. Gas drilling activities in the region are thought by EPA to be contributing to the ground-level ozone, or smog, problem.
AGA: Chemical Firms Betting Billions on Cracking Plants
The United States is seeing a resurgence in ethylene cracking facilities as chemical companies, which left the country a decade ago because of high natural gas feedstock prices, are returning to build new plants and reopen mothballed facilities due to lower gas prices brought on by the boom in shale production, said the head of the American Gas Association (AGA) Friday.
New York Should Get Fracking on Deficit, Some Say
Former New York Gov. George Pataki said Thursday he supports shale gas and hydraulic fracturing (fracking) in the Empire State’s portion of the Marcellus Shale, calling its development “the right thing to do.”
Senate Proposes Its Version of NAT GAS Act
A U.S. Senate version of the House proposal for creating more use of natural gas in transportation was unveiled on Tuesday as an alternative means of expanding tax credits for gas infrastructure and vehicles, according to a trio of senators sponsoring the New Alternative Transportation to Give Americans Solutions Act of 2011 (NAT GAS Act).
Raymond James: ‘Can’t Fight Fate’ on Growth in U.S. Gas Output
For nearly two straight years U.S. natural gas output has climbed almost continuously — and 2012 could see even stronger growth, according to the energy team at Raymond James & Associates Inc.
Transportation Notes
Columbia Gas is deeming Thursday as a Critical Day for storage, which means no interruptible storage injections are expected to be available. Upstream affiliate Columbia Gulf said no AutoPAL (Park and Loan) services nor due-pipe imbalance resolution nominations will be allowed effective Thursday.
Groups Demand Obama Stop Fracking by ‘Any Legal Means’
A coalition of 69 environmental groups has urged President Obama to “employ any legal means” to halt hydraulic fracturing (fracking) and suggested a federal moratorium until further environmental studies of the practice are completed.
Groups to Obama: Halt Fracking by ‘Any Legal Means’
A coalition of 69 environmental groups has urged President Obama to “employ any legal means” to halt hydraulic fracturing (fracking) and suggested a federal moratorium until further environmental studies of the practice are completed.