Northern

After surviving the shale gale, the aborted northern pipeline race and the 2008-2009 recession, the vision of Arctic wealth awaiting drilling beneath Canadian waters of the Beaufort Sea is also outlasting the current natural gas and oil price slump.

After nearly two decades of mastering turbulent markets for natural gas and liquid byproducts, a Calgary fixture of energy services is making a fresh start in the New Year on taking a leading role in the next generation of Canadian supplies.

More than three years after Northern Natural Gas Co. was allowed to condemn more than 9,000 acres in south-central Kansas to contain gas migrating from an underground storage facility, the company got the bill for its action: about $7.3 million. That is far less than what landowners and oil/gas producers were seeking.

Natural gas supplies are on the rise in British Columbia (BC) even though drilling, slowed by weak prices, has barely scratched the surface of the province’s northern shale deposits.

Industry won a hotly contested test case of ability to build pipelines and tanker ports in sensitive Canadian territory when federal authorities Thursday approved a new oilsands conduit from Alberta to the northern Pacific Coast of British Columbia (BC).

No one was hurt and customers were not affected, a pipeline spokesman said.

Nabors Industries Inc., the largest onshore drilling fleet operator and the biggest supplier of pressure pumping equipment, is not optimistic about seeing gains in the U.S. oil or gas patch through the rest of this year, CEO Tony Petrello said Wednesday.

The Bowland-Hodder Shale of northern England has between 822 and 2,281 Tcf of natural gas in place, according to a new study that is the first to integrate all existing seismic data, geological analyses and well samples from the shale, the British Geological Survey (BGS) said Thursday. The assessment is higher than earlier estimates.

The Bowland-Hodder Shale of northern England has between 822 and 2,281 Tcf of natural gas in place, according to a new study that is the first to integrate all existing seismic data, geological analyses and well samples from the shale, the British Geological Survey (BGS) said Thursday. The assessment is higher than earlier estimates.