Tag / Meet

Subscribe

Meet

Analyst: Variable U.S. Gas Shale Output Dispels ‘New Normal’

The U.S. natural gas market — and thus, long-term gas prices — won’t be upended because of the unconventional resource “revolution” because marginal costs ultimately determine gas prices, according to Morningstar.

January 16, 2013

Industry Briefs

Transcontinental Gas Pipe Line (Transco) has filed an application with the Federal Energy Regulatory Commission to build a $182 million expansion to meet growing natural gas demand in New York City and the Rockaways. The Rockaway Delivery Lateral Project would provide 647,000 Dth/d of gas delivery capacity to National Grid’s distribution system in Brooklyn and Queens, NY; targeted in service date in late 2014. The project is targeted for service in the second half of 2014. The Transco and National Grid facilities would interconnect with National Grid’s proposed 26-inch diameter lateral. The 3.2-mile, 26-inch diameter Rockaway Delivery Lateral would consist of 2.9 miles of offshore pipeline and 0.3 miles of onshore pipeline. The small pipeline would pass under Jacob Riis Park in the Rockaways portion of Queens and under Jamaica Bay to a new meter and regulator station on the decommissioned airfield Floyd Bennett Field in Brooklyn. Jacob Riis Park and the airfield are part of the Gateway National Recreation Center. President Obama signed a bill allowing for Transco’s expansion (see NGI, Dec. 3, 2012).

January 14, 2013

Transco Seeks FERC OK to Expand Gas Deliveries to New York

Transcontinental Gas Pipe Line (Transco) has filed an application to the Federal Energy Regulatory Commission to build a $182 million expansion of its system to meet growing natural gas demand in New York City and the Rockaways.

January 9, 2013

NuStar Expanding Eagle Ford Crude Assets

NuStar Energy LP is expanding its South Texas Crude Oil Pipeline System with the support of a long-term pipeline and terminal services agreement recently struck with ConocoPhillips, the partnership said Thursday.

December 17, 2012
Eagle Ford Is Economic Engine, Foundation Report Says

Eagle Ford Is Economic Engine, Foundation Report Says

The San Antonio, TX, metropolitan area has gained about 4,000 jobs from the Eagle Ford shale Play, and its upcoming major road improvements could tap up to $12 million annually from the oil/gas development, according to a report released Tuesday by the San Antonio Economic Development Foundation.

December 14, 2012

Colorado County Considers Faster Drilling Permit Option

The Boulder County, CO, planning commission on Tuesday proposed to offer exploration and production (E&P) operators an option of expedited oil and natural gas drilling permits in return for meeting stricter environmental standards. An industry association spokesman told NGI’s Shale Daily they favored existing state mechanisms over the county proposal.

November 2, 2012

Dominion Secures Liquids Agreement in Utica, Readies Expansions

Dominion Resources Inc. has secured a long-term natural gas gathering service agreement in northeastern Ohio with M3 Ohio Gathering (Momentum) to process wet gas from the Utica Shale and is readying several projects in the Utica and Marcellus shale region to expand capacity services, CEO Tom Farrell said Thursday.

October 29, 2012

Tundra Energy, CN Plan Bakken Crude Oil Terminal

Tundra Energy Marketing Ltd. and CN, Canada’s national railway company, have signed a memorandum of understanding to build a crude oil car loading terminal in southwestern Manitoba, near the border with Saskatchewan, to serve Bakken oil producers in the two provinces, the companies said Thursday.

October 22, 2012

New York Rules Delay Frustrates Operators

If New York regulators don’t meet a Nov. 29 deadline to finalize the rulemaking process for natural gas drilling using hydraulic fracturing (fracking), it may force more producers and service companies to move out of state, a spokesman for the Independent Oil and Gas Association of New York (IOGA-NY) said last week.

October 8, 2012

New York Rules Delay Frustrates Oil, Gas Operators

If New York regulators don’t meet a Nov. 29 deadline to finalize the rulemaking process for natural gas drilling using hydraulic fracturing (fracking), it may force more producers and service companies to move out of state, a spokesman for the Independent Oil and Gas Association of New York (IOGA-NY) said Monday.

October 2, 2012