natural gas

Gingrich Delivers Red Meat to Carnivorous Crowd

The pioneering shale gas and oil developers have to be unshackled by “prison guards of the past” to allow the United States to achieve energy independence, former House Speaker Newt Gingrich said on the closing day of the Shale Insight conference in Philadelphia.

September 30, 2013
Natural Gas-Fired Generation Down From Year Ago

Natural Gas-Fired Generation Down From Year Ago

Total natural gas used for power generation in the United States was down 14% between January and July 2013 compared with the same seven-month period in 2012, due primarily to higher gas prices relative to coal prices this year, according to a report issued last week by the Energy Information Administration (EIA).

September 30, 2013

Industry Briefs

AFederal Energy Regulatory Commission(FERC) administrative law judge (ALJ) has approved an uncontested settlement betweenViking Gas Transmissionand its shippers resolving charges that the company over-recovered costs, resulting in unjust and unreasonable rates for shippers. The settlement [RP13-185] was negotiated between FERC staff, Viking and 16 shippers. FERC may approve or reject the decision in full or in part. FERC’s charges were based on Viking’s Form 2 cost and revenue information from 2010, which staff said showed that the pipeline had substantially over-recovered its cost of service. Since 2009, FERC has initiated several investigations into rates (seeNGI,Nov. 23, 2009). The settlement requires Viking to reduce all base tariff rates, effective Nov. 14, 2012, by 2% and to file changes to its gas tariff within 15 days following a final order. The reduced base settlement rates would take effect on Jan. 1, 2014 and remain in effect for at least one year.

September 30, 2013

EIA to Add Implied Flow to Weekly NatGas Storage Reports

The U.S. Energy Information Administration (EIA) is proposing a change to the format of itsWeekly Natural Gas Storage Report(WNGSR), adding an estimate of the implied flow of working natural gas into or out of underground storage facilities to its WNGSR summary table.

September 30, 2013

Shell Picks Louisiana for Proposed GTL Project

Royal Dutch Shell plc has chosen Ascension Parish in Louisiana as the location for a potential multibillion-dollar natural gas-to-liquids (GTL) facility, adding another gas-driven economic development win for the Pelican State.

September 30, 2013

People

Pennsylvania Gov. Tom Corbetthas nominatedE. Christopher AbruzzoandEllen Ferrettito head the stateDepartment of Environmental Protection(DEP) and theDepartment of Conservation and Natural Resources(DCNR), respectively. Both are serving as acting secretaries of their respective agencies. The nominations must now be approved by the state Senate. Corbett tapped Abruzzo, his deputy chief of staff, to lead the DEP afterMichael Krancerresigned (seeNGI,March 25). Corbett asked Ferretti to lead the DCNR after firingRichard Allanover an email scandal.

September 30, 2013
Raymond James Devises Substitute for Rig Count

Raymond James Devises Substitute for Rig Count

The move to horizontal drilling and longer laterals has made the domestic land rig count not so simple anymore, leading Raymond James & Associates Inc. last week to launch well and footage count forecasts.

September 30, 2013
Costs, Demand Not on Shale Map, Says Economist

Costs, Demand Not on Shale Map, Says Economist

Checking a map is the first step to knowing where one is going, but when it comes to forecasting shale gas supply and demand, the map can throw some international gas end-users off course, an energy economist said.

September 30, 2013

Colorado Post-Flood Recovery Slow

Spills don’t appear to be a serious problem, but returning shut-in wells to production is going slowly in Colorado, where record flooding damaged infrastructure and shut in a considerable amount of oil and gas.

September 30, 2013
Shell’s North American Downsizing Underway

Shell’s North American Downsizing Underway

A U.S. arm of Royal Dutch Shell plc is throwing in the towel in the Kansas portion of the Mississippian Lime, selling off 45 producing wells and about 600,000 net lease acres. Last week the operator also pulled the plug on an oil shale research center in Colorado.

September 30, 2013