natural gas

NatGas, Power Groups Question Info-Sharing Safeguards

Natural gas pipeline associations and electric groups are generally supportive of FERC’s proposed rule to allow operational information to be shared between pipelines and electric transmission operators in the interests of reliable service, but some have expressed concerns as to whether there would be adequate safeguards in place to protect their private commercial information.

September 2, 2013
Consol Prepares to Land Rigs at Pittsburgh International

Consol Prepares to Land Rigs at Pittsburgh International

Consol Energy Inc. and Pennsylvania’s Allegheny County Airport Authority (ACAA) last week unveiled a proposal for Pittsburgh International Airport property to drill 47 wells into airport property overlying the Marcellus Shale, with the potential to explore Upper Devonian targets.

September 2, 2013

Last-Minute California Frack Attack Unleashed

A loose coalition of anti-hydraulic fracturing (fracking) groups is calling for a unconventional drilling moratorium in California and is lobbying against the lone remaining bill (SB 4) related to fracking in the state legislature, now in its final weeks before adjournment.

September 2, 2013

41-Year-Old Yankee Gassed In Vermont

After weathering years of anti-nuclear protests, the Vermont Yankee Nuclear Power Station in Vernon, VT, is being shuttered. However, the nail sealing its coffin is cheap natural gas from shale plays; the controversial plant is just uneconomic. It’s not the first nuke to go and won’t be the last as markets open to more gas-fired generation.

September 2, 2013

Fluid Extraction Linked to Quakes

While earlier research in Texas’ Barnett Shale linked drilling waste injection into underground storage wells with increased seismic activity, new work in the Eagle Ford by the same geologist suggests that drawing liquids out of the ground can induce earthquakes there.

September 2, 2013

New York High Court to Review Local Fracking Bans

The New York Court of Appeals last week agreed to review two lawsuits that protest bans on unconventional drilling, and specifically hydraulic fracturing (fracking), imposed by Middlefield and Dryden, Southern Tier municipalities that top the Marcellus Shale.

September 2, 2013

Utah Governor Wants Rethink of Book Cliffs Leasing

Tens of thousands of acres in Utah if leased for oil and gas exploration could generate hundreds of millions of dollars for the state’s schoolchildren. But Gov. Gary Herbert said a decision to lease land to Anadarko Petroleum Corp. should be reconsidered as the acreage could have even more value if managed differently.

September 2, 2013
Colorado Town’s Anti-Drilling Initiative ‘Absurdly Contrary’

Colorado Town’s Anti-Drilling Initiative ‘Absurdly Contrary’

A charter amendment on the Lafayette, CO ballot this fall to ban new natural gas and oil activities “could have incredibly damaging, unintended consequences,” said spokesman for the Colorado Oil & Gas Association (COGA) said last week.

September 2, 2013

‘One-in-Three Probability’ for Weakening PG&E

The credit rating for PG&E Corp. and utility subsidiary Pacific Gas & Electric Co. face a “one-in-three probability” for weaker business and financial profiles over the coming year related to the San Bruno, CA natural gas pipeline explosion, according to Standard & Poor’s Ratings Services (S&P).

September 2, 2013

Generator, Producer Link Arms to Develop New Marcellus Markets

IMG Midstream, builder of small-scale natural gas-fired power generation facilities, has signed a long-term agreement for Chief Oil & Gas to supply the natural gas to power “multiple” generation projects in four northeastern Pennsylvania counties.

September 2, 2013