natural gas data

With production, takeaway capacity and employment all on the rise in the Appalachian Basin, the Marcellus Shale Coalition (MSC) on Wednesday issued a list of recommended practices for drilling and completing oil and natural gas wells in the play.

With the potential to help satisfy growing regulatory concerns about flowback and produced water used in hydraulic fracturing (fracking), Los Angeles-based OriginOil Inc. has signed a pay-per-barrel agreement with small Colorado-based water treatment company Industrial Systems Inc. (ISI).

The U.S. Department of Energy’s (DOE) Energy Information Administration (EIA), one of the few governmental agencies that was able to stay open during the beginning days of the shutdown because it had non-annual funds, said it would cease operations and furlough its staff at the end of the day Friday.

Investors poured into onshore operator Antero Resources Inc. in its debut Thursday on the New York Stock Exchange, gaining more than 18% to close at $52.01. “AR,” the most heavily traded stock of the day, saw more than 28.4 million shares trade hands.

Pennsylvania’s status as “a major energy producing state,” and the possible impacts the state may see from climate change have not changed significantly over the last four years, according to a report commissioned by the Pennsylvania Department of Environmental Protection (DEP).

A 20,600 bbl Bakken crude oil spill in North Dakota from a leak sprung in a Tesoro Logistics LP pipeline in a wheat field northeast of Tioga, ND, on Friday was fully contained, under control and in the process of being remediated, according to state and company officials. The leak had originally been detected Sept. 29 and was mistakenly thought to be much smaller.

Physical natural gas prices for weekend and Monday delivery eased in Friday’s trading with points in the loss column having a slight edge over those in the win column.

U.S. natural gas supply and demand should continue to be robust through the next 10 to 12 years, but a panel of experts in Los Angeles have different ideas on what this could mean for future prices and volatility.

Units of General Electric (GE) and TransCanada Corp. said they are working to improve the reliability and cost-effectiveness of natural gas-fired power generation at two facilities TransCanada operates on both sides of the U.S.-Canada border. GE’s technology called FlexEfficiency Advantage Advanced Gas Path (AGP) is being deployed at TransCanada’s Ravenswood power plant in New York state and its Mackay River cogeneration facility in Alberta, Canada. AGP technology combining hardware and software advances has been installed on one gas-fired GE 7F 3-series turbine at each plant, the companies said. As result, the Ravenswood combined-cycle gas-fired unit has increased its output by 5%, and the cogeneration unit in Alberta has experienced a 10% boost in output, according to the companies. Along with efficiency increases of 1% and 2%, respectively, at the two plants, TransCanada said it expected to realize $900,000 in annual fuel savings.