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Texas Regulator: Burn Excess Gas for Oil Patch Power

Texas Regulator: Burn Excess Gas for Oil Patch Power

Railroad Commission of Texas (RRC) Commissioner David Porter, founder of the state’s Eagle Ford Task Force, wants more excess natural gas to be used for power generation at drilling sites instead of being flared.

December 27, 2012

WSI: Northeast Chill to Extend Into February

The next three months will average colder than normal across much of the northern United States, with arctic air expected to be a “frequent guest in [the] largest gas-demand population centers,” said forecasters at Andover, MA-based Weather Services International (WSI).

December 27, 2012

BP to Drill First Utica Well Next Spring

BP plc plans to begin drilling the first of 10 appraisal wells in Trumbull County, OH, next April, but developing eastern Ohio’s portion of the Utica Shale may be hampered by a lack of pipeline infrastructure, officials said this week.

December 20, 2012

Statoil Buys Another 70,000 Net Acres in Marcellus

Norway’s Statoil ASA on Wednesday said it has snapped up another 70,000 net acres in liquids-rich areas of the Marcellus Shale for $590 million in cash. The portfolio additions, which give the producer full or joint partnership in close to 750,000 net acres in the play, are spread across West Virginia and Ohio.

December 20, 2012

70% Loss in Wall Thickness, Pressure Drop Eyed in Columbia Rupture

The wall thickness of a section of pipe on the 20-inch diameter Columbia Gas Transmission system that ruptured Tuesday in West Virginia was significantly deteriorated, said National Transportation Safety Board (NTSB) investigators Thursday. There also was a pressure drop on the line, but the magnitude of the decrease is unknown as was whether drop was the result of the rupture or its cause.

December 17, 2012

Dow’s Proposed Texas Ethylene Plant Takes Next Big Step

Dow Chemical Co. has taken the next step forward to build a planned world-class ethylene facility in Freeport, TX, and is seeking a federal air emissions permit for the proposed plant.

December 13, 2012

BP Taking ‘Simpler,’ More Oily Path

BP plc CEO Bob Dudley last week said the beleaguered oil major will become a “simpler,” more oily company over the next few years.

December 10, 2012

Eagle Ford Projected Capex May Top All Others

Over the next three years capital expenditures (capex) in the Eagle Ford Shale could top the projected spending for the Kashagan project in Kazakhstan, now the world’s most expensive standalone energy project, according to an analysis by Wood Mackenzie. In 2013 alone, $28 billion is slated to be spent in the South Texas region, according to upstream research analyst Callan McMahon.

December 10, 2012

Dominion Marcellus Projects Get Environmental Nod

FERC Friday issued favorable environmental assessments (EA) for two Marcellus Shale-related projects in Pennsylvania and New York: the Tioga Area Expansion Project and the Sabinsville-to-Morrisville Project.

December 5, 2012

BP Taking ‘Simpler,’ More Oily Path

BP plc CEO Bob Dudley on Monday said the beleaguered oil major will become a “simpler,” more oily company over the next few years.

December 4, 2012
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