A growing number of producers are shying away from dry gas drilling and instead pointing their drill bits at liquids-rich and oil targets, but drillers are “soldiering on” despite stubbornly low natural gas prices and “are set to do what they do best: drill,” according to energy analysts with Barclays Capital Markets.
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Cameron LNG Gets Export OK for FTA Countries
Sempra Energy’s Cameron LNG LLC has joined the ranks of liquefied natural gas (LNG) export proposals that have received authorization to send liquefied gas to the limited number of countries that are party to a free trade agreement (FTA) with the United States.
New Bakken Gas Processing Plant Enters Service
ONEOK Partners LP has placed into service its 100 MMcf/d gas processing facility in eastern McKenzie County in North Dakota. The Garden Creek Plant is serving producers in the Bakken Shale region.
Quicksilver in Hunt for Horn River Upstream Partner
After securing a natural gas midstream partnership in the Horn River Basin with Kohlberg Kravis Roberts & Co. (KKR), Quicksilver Resources Inc. now is pursuing a partnership to develop its upstream leasehold, executives said Thursday.
NTSB: Deaths from Gas Pipe Blasts More than Doubled in 2010
The number of fatalities stemming from natural gas pipeline accidents in 2010 more than doubled to 21 from nine in the prior year, according to estimates released by the National Transportation Safety Board (NTSB).
Proposed Maine Gas Pipeline Triggers Political Debate
A utility proposal to bring natural gas service for the first time to a number of heating oil-dominated central Maine communities is turning into a bit of a football as a state legislative proposal bids to help facilitate financing for gas supply projects. Supporters contend that it will help boost the state’s economy and critics are leery of the state picking favorites among energy sources.
Industry Brief
The number of fatalities stemming from natural gas pipeline accidents in 2010 more than doubled to 21 from nine in the prior year, according to estimates released by the National Transportation Safety Board (NTSB). Natural gas pipelines accounted for all but one of the total 22 pipeline deaths in 2010, the NTSB said. One death was attributed to hazardous liquid lines last year. In contrast the NTSB reported a total of 13 pipeline-related fatalities in 2009. The deadly natural gas pipeline accident in San Bruno, CA, which killed eight people and was investigated by the NTSB, contributed to the rise in pipeline fatalities in 2010, the board said (see Daily GPI, Sept. 17, 2010). The five fatalities from a pipeline explosion in Allentown, PA, were not included in the NTSB count since the blast occurred earlier this year (see Daily GPI, Feb. 11).
Louisiana Enacts Frack Fluid Disclosure
Louisiana has joined other states in requiring the disclosure of the contents of fluids used for hydraulic fracturing (fracking). The rule was proposed earlier this year.
Quicksilver Eyes Barnett for Cash Breadbasket
Quicksilver Resources Inc. is hoping to turn some of its Barnett Shale assets into a cash breadbasket through the creation of a master limited partnership (MLP). Proceeds would be used to pay down Quicksilver debt.
Companies Spending $3B to Capture Flared Natural Gas in North Dakota
Oil and gas companies operating in North Dakota’s portion of the Bakken Shale are spending about $3 billion on infrastructure projects to capture natural gas currently being lost to flaring at oil drilling sites.