On average weekly prices regionally were all over the map, but the national average came in at $3.74, unchanged from a week ago. South Texas saw the week’s biggest losses, dropping a stout 12 cents to $3.61, and the Northeast reveled in the week’s greatest gains, adding 26 cents to $3.66. Of individual market points, Transco Leidy enjoyed the greatest gain, adding $1.13 to $2.84, and two Texas Eastern points suffered the week’s greatest losses, dropping 13 cents at both Texas Eastern S TX ($3.59) and Texas Eastern W LA ($3.60).
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Articles from megawatt
Report: $40B of Midstream Projects Planned in Marcellus, Utica
Midstream companies are planning to spend about $40 billion, mostly over the next three to five years, on infrastructure projects in Ohio, Pennsylvania and West Virginia to serve the Marcellus and Utica shales, according to a comprehensive analysis by Marcellus Drilling News (MDN).
October 25, 2013
Bluegrass Marcellus-to-Gulf Coast System Readies Open Season
Bluegrass Pipeline LLC, which would carry natural gas liquids (NGL) from the Marcellus and Utica shales to petrochemical and export facilities on the Gulf Coast, is launching a binding open season Tuesday (Oct. 29) and running through Dec. 16.
October 25, 2013
Maine Natural Gas Claims First NatGas Pipeline Into Augusta
Maine Natural Gas (MNG) has finished filling its new 21-mile natural gas main, which runs from the Maritimes and Northeast pipeline tap in Windsor, ME, and on to the MaineGeneral Medical Center (MGMC) in Augusta, the state’s capital.
October 25, 2013
Containerized LNG Cutting Puerto Rico Power Costs
Commercial and industrial customers of Crowley Maritime Corp.’s Carib Energy unit in Puerto Rico soon could be enjoying lower energy costs, thanks to cheap liquefied natural gas (LNG) delivered via container from the mainland United States. But savings for prospective customers in Central and South America and the Caribbean are being delayed by the U.S. Department of Energy (DOE).
October 25, 2013
E&P Techniques, Bottom Line Focus of 3Q Results, Say Analysts
A few North American exploration and production (E&P) operators sneaked in third quarter results over the past few days, but most of the rest will begin their conference calls in the next couple of weeks, offering a broader look at the market and whether natural gas prices — and drilling — could rebound in 2014.
October 25, 2013
Pioneer Selling Alaska Unit to Focus on West Texas
Pioneer Natural Resources Co., the first independent producer to ply Alaska’s North Slope, is selling its Alaska business unit to focus on West Texas.
October 25, 2013
Encana Reverses Losses, Lifts Liquids Volumes 92%
Encana Corp. recorded its second consecutive profitable period in the third quarter, and the move to oil and natural gas liquids (NGL) also trended higher, with volumes up 92% year/year, the Calgary operator said Wednesday.
October 24, 2013
Florida PSC Approves Surcharges for Pipeline Replacement
Utilities in Florida have received approval from the state’s Public Service Commission (PSC) to bill customers surcharges to cover the cost of replacing aging cast iron and bare steel natural gas distribution pipelines.
October 24, 2013
Lower 48 Rig Market Digests Gas-to-Oil Transition, Says Nabors CEO
The Lower 48 land rig market has “digested” the transition to oil-directed drilling, but there’s still an oversupplied pressure pumping market, brought about in part by efficiency gains, Nabors Industries Ltd. CEO Tony Petrello said Wednesday.
October 24, 2013
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