methane

Costs Chasing Prices with Shift to Unconventional Gas

Unconventional natural gas resources — coalbed methane, gas shale and tight sandstone — have buoyed North American production, but on the downside, production per well is lower, thus raising unit costs, which means that continued higher gas prices are needed to maintain output on a flat trajectory, according to a joint study by energy consultants Cambridge Energy Research Associates (CERA) and IHS.

June 27, 2007

WPA Official Says CBM Water Pipeline Has Support

A pipeline proposed by the Wyoming Pipeline Authority (WPA) to carry off some of the billions of gallons of water produced annually from coalbed methane (CBM) operations in the Powder River Basin is close to becoming more than a pipe dream. If successful, it could defuse some complaints about the excess water byproduct of CBM development.

June 27, 2007

Study Says Irrigators Not Hurt by CBM Water Discharges

A recently released study, funded by the Montana Oil and Gas Conservation Board, says the discharge of a limited amount of untreated coalbed methane (CBM) wastewater into the Tongue River in Montana is not substantially affecting water quality or damaging crops downstream of Wyoming and Montana CBM operations.

June 18, 2007

Study Says Irrigators Not Hurt by CBM Water Discharges

A recently released study, funded by the Montana Oil and Gas Conservation Board, says the discharge of a limited amount of untreated coalbed methane (CBM) wastewater into the Tongue River in Montana is not substantially affecting water quality or damaging crops downstream of Wyoming and Montana CBM operations.

June 15, 2007

Montana to Monitor CBM Development in Wyoming, Canada

While coalbed methane (CBM) has proven to be a valuable resource, Montana Gov. Brian Schweitzer and his government have had their hands full with CBM developers in Canada and Wyoming, whose projects could affect the water quality of some of Montana’s major rivers in addition to the state’s wildlife.

June 11, 2007

Montana to Monitor CBM Development in Wyoming, Canada

While coalbed methane (CBM) has proven to be a valuable resource, Montana Gov. Brian Schweitzer and his government have had their hands full with CBM developers in Canada and Wyoming, whose projects could affect the water quality of some of Montana’s major rivers in addition to the state’s wildlife.

June 5, 2007

Constellation’s E&P Partnership Buys CBM Properties for $115M

Constellation Energy Corp.’s newly formed exploration and production partnership has signed an agreement to acquire coalbed methane (CBM) properties in the Cherokee Basin from EnergyQuest Resources LP for $115 million. The transaction by Constellation Energy Partners LLC (CEP) includes more than 500 miles of pipeline gathering systems.

March 12, 2007

Constellation’s E&P Partnership Buys CBM Properties for $115M

Constellation Energy Corp.’s newly formed exploration and production partnership signed an agreement last week to acquire coalbed methane (CBM) properties in the Cherokee Basin from EnergyQuest Resources LP for $115 million. The transaction by Constellation Energy Partners LLC (CEP) includes more than 500 miles of pipeline gathering systems.

March 12, 2007

BP Eyes San Juan Basin for CBM, to Invest $2.4B through 2020

BP plc on Tuesday announced plans to invest up to $2.4 billion through 2020 to recover an estimated 1.9 Tcf of coalbed methane (CBM) in the San Juan Basin of southwestern Colorado and northwestern New Mexico. The development program would grow BP’s current net San Juan production (425 MMcf/d net and 900 MMcf/d gross) by more than 20%, with output expected to exceed current production levels for at least 10 years.

February 5, 2007

BP to Invest $2.4B for CBM Exploration in San Juan Basin

BP plc on Tuesday announced plans to invest up to $2.4 billion through 2020 to recover an estimated 1.9 Tcf from coalbed methane (CBM) in the San Juan Basin of southwestern Colorado and northwestern New Mexico. The development program would grow BP’s current net San Juan production (425 MMcf/d net and 900 MMcf/d gross) by more than 20%, with output expected to exceed current production levels for at least 10 years.

January 31, 2007