NYMEX

Bluegrass On Hold, But Cold 1Q Brings More Green to Boardwalk

Boardwalk Pipeline Partners LP and Williams are no longer funding their Marcellus-to-Gulf Coast natural gas liquids (NGL) joint venture pipeline project, Bluegrass, as customer commitments have yet to materialize.

April 28, 2014

Opal Partial Restart Plans Underway by Williams

Preliminary plans to restart partial service at the Opal, WY, natural gas processing facility are underway by Williams Partners LP.

April 28, 2014
North Dakota Reservation Awash in Oil, Energy Ideas

North Dakota Reservation Awash in Oil, Energy Ideas

Oil production on North Dakota’s Fort Berthold Indian Reservation has become a significant part of the nation’s second largest oil-producing state, and tribal leaders are touting the reservation’s output as among the top 10 oil producing states in the nation.

April 28, 2014
North American Drillers Shopping Again, Says NOV CEO

North American Drillers Shopping Again, Says NOV CEO

More North American land drillers have resumed buying equipment for drilling and fracturing (fracking), in part to secure the state-of-the-art technology and in part because unconventional prospects are chewing up drillbits and pressure pumpers, National Oilwell Varco Inc. (NOV) CEO Clay Williams said Monday.

April 28, 2014
It’s Slow Going on The Upper Devonian, But NatGas is There for The Taking

It’s Slow Going on The Upper Devonian, But NatGas is There for The Taking

Long targeted by conventional drillers in the Appalachian Basin, the Upper Devonian Shale formations have been known for some time to hold a cache of dry natural gas. But new technologies, combined with more than a year of close analysis have shown unconventional operators that those six layers of source rock can’t be overlooked.

April 28, 2014

Texas Preliminary February Crude Production: 2M b/d

Texas oil and gas producers turned in another month of production growth in February, according to preliminary data from the Railroad Commission of Texas (RRC). Both oil and gas production were up from a year ago. March oil well completions were up sharply from a year ago, but gas well completions declined.

April 28, 2014
Columbia Worker Credited With Blizzard Rescue in West Virginia

Columbia Worker Credited With Blizzard Rescue in West Virginia

When the natural gas industry looks back on the winter of 2013-14, it will remember a number of extremes — the polar vortex, price spikes, a propane shortage, frozen wells shut in, very tight gas supplies and lingering concerns about replenishing gas storage.

April 28, 2014

Kinder Drops Down Ruby Pipeline, Other Interests to MLP

Kinder Morgan Inc. (KMI) is dropping down to master limited partnership (MLP) El Paso Pipeline Partners LP (EPB) its 50% stakes in Ruby Pipeline and Gulf LNG and 47.5% interest in Young Gas Storage in a deal worth $2 billion including debt at Ruby and Gulf LNG.

April 28, 2014

EPA Chief McCarthy Swipes at Critics Over ‘Secret Science’ Claims

Nine months after being confirmed to head the Environmental Protection Agency (EPA), Gina McCarthy took aim at critics that claim the agency relies on “secret science,” and promised it would deliver its contribution to President Obama’s Climate Action Plan.

April 28, 2014

Majors May Hint on Future Direction of U.S. NatGas

The best financed explorers in North America — ExxonMobil Corp., BP plc, Chevron Corp., Royal Dutch Shell plc and ConocoPhillips — present their earnings results this week, with speculation about whether natural gas development will return to the agenda in a bigger way this year, with storage at record lows and more export projects drawing overseas contracts.

April 28, 2014