Given current commodity prices, natural gas wells drilled in the Marcellus Shale — wet or dry — compete favorably with marginal Bakken Shale oil wells, but that’s the only gas play in the U.S. onshore that today can compete with Bakken oil well economics, according to an analysis by Barclays Capital.
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DOE to Rule ‘Expeditiously’ On Pending LNG Permits
After dancing around the issue for a few minutes last Thursday, Energy Secretary Ernest Moniz said federal officials plan to “move expeditiously” on applications to export liquefied natural gas (LNG) to countries without free trade agreements (FTA) with the United States.
CNG, LNG Transport Still Gaining
More announcements continued to move last week for building the compressed natural gas (CNG) and liquefied natural gas (LNG) market for natural gas vehicles (NGV).
DOE Will Rule ‘Expeditiously’ On Pending LNG Export Permits
After dancing around the issue for a few minutes, Energy Secretary Ernest Moniz Thursday said the department plans to “move expeditiously” on applications to export liquefied natural gas (LNG) to countries with which the United States does not have free trade agreements (FTA).
More NGL Capacity from Northeast Seen Needed
While two pipeline projects have been proposed to move natural gas liquids (NGL) out of the Northeast to the Gulf Coast, more capacity will be needed to keep the Marcellus/Utica Shale region from becoming overwhelmed with NGLs, a Williams executive said at Wells Fargo Securities’ recent Energy Fundamentals Forum in Houston.
State Regulators Initiate Consumer Conversions to Natural Gas
Fuel switching policies to move more end-users to natural gas should be a part of each state’s energy strategy, particularly in rural areas, according to a panel of experts speaking Wednesday at a National Regulatory Research Institute (NRRI) teleseminar.
Williams Sees Need for More NGL Capacity from Northeast
While two pipeline projects have been proposed to move natural gas liquids (NGL) out of the Northeast to the Gulf Coast, more capacity will be needed to keep the Marcellus/Utica Shale region from becoming overwhelmed with NGLs, a Williams executive said at Wells Fargo Securities’ recent Energy Fundamentals Forum in Houston.
Keystone XL Combatants Focus Efforts at Nebraska Hearing
Pro and con on the proposed northern segment of the Keystone XL oil pipeline from Canada to the Gulf of Mexico (GOM) rachetted up their campaigns this week in anticipation of a U.S. State Department hearing on the project Thursday in Grand Island, NE.

North Dakota Oil/Gas Bills Hot and Cold
Proposed energy bills in the North Dakota legislature continue to hold the spotlight as state lawmakers move closer to their scheduled May adjournment. At least one proposal that could have had a negative impact on oil/natural gas operators was defeated last Friday.
Xcel Looking to Add 645 MW of Gas-Fired Generation
In a move that involves replacing some existing coal-fired electric generation units, Minneapolis-based Xcel Energy said Monday it proposes to add up to 645 MW of natural gas-fired peaking generation in Minnesota and North Dakota by 2019.