Total U.S. natural gas production was nearly flat in August compared to the previous month, but in the Other States category, which includes shale-heavy Pennsylvania, Ohio and West Virginia, output reached 27.02 Bcf/d, a 2.4% increase from 26.38 Bcf/d in July and a whopping 17.1% increase from 23.08 Bcf/d in August 2012, according to the Energy Information Administration’s (EIA) Monthly Natural Gas Gross Production Report.
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CPUC Judge Recommends $6.75M Fine for PG&E
A California regulatory judge has recommended that Pacific Gas and Electric Co. (PG&E) be fined $6.75 million for allegedly misstating facts to the California Public Utilities Commission (CPUC) regarding an incorrectly classified natural gas transmission lateral on the peninsula south of San Francisco.
October 31, 2013
USCG Considering Allowing Barges to Haul Shale Wastewater
The U.S. Coast Guard (USCG) has proposed a policy that would enable it to give conditional approval for barges to transport wastewater from hydraulic fracturing (fracking) in bulk, a move that could potentially open the nation’s waterways as transit options.
October 31, 2013
ExxonMobil Makes Strong Turn to U.S. Liquids
Like the lumbering giants they resemble, oil majors take a bit more time to pivot from one target to the next, a task exceedingly difficult for North America’s top natural gas producer, ExxonMobil Corp. The pirouette to more oily targets came full circle in the third quarter in the three most strategic U.S. leaseholds, the Permian Basin and the Woodford and Bakken shales.
October 31, 2013
Northeast Fall Shoulder Month Supplies Weigh on Market, Says Williams CEO
Northeastern natural gas markets have gotten a “strong signal” from the gas-on-gas competition in the Appalachian Basin this year, and there is now support for continued infrastructure development to take away more supplies, Williams CEO Alan Armstrong said Thursday.
October 31, 2013
ExxonMobil U.S. Liquids Output Rises, NatGas Falls
ExxonMobil Corp.’s third quarter earnings fell 18% from a year ago, but for the first time since 2011, production was higher.
October 31, 2013
Shell Diving Back into Alaska Waters
Royal Dutch Shell plc wants to tiptoe back into Alaska’s frigid waters as soon as next summer after taking a pause following a series of blunders and miscalculations.
October 31, 2013
Report Predicts ‘Sustained Growth’ for NatGas Industry
Sustained by low-cost shale gas resources, the North American natural gas industry has embarked on a period of sustained growth, but it will have to address the challenges of a rapidly evolving U.S. energy market for the economy to fully realize its benefits, according to a report issued Wednesday by Black & Veatch.
October 30, 2013
PG&E Pipe Penalty Decision Expected 1Q2014
Noting that the company is operating in a politically charged environment, PG&E Corp. CEO Tony Earley predicted Wednesday that pending multi-billion-dollar natural gas pipeline fines and penalty cases should be decided by state regulators in the first quarter of 2014. If proposed penalties exceeding $2 billion are imposed, Pacific Gas and Electric Co. (PG&E) will appeal in either state or federal courts.
October 30, 2013
Oxy’s California E&P Spin-Off Likely, Says CEO
Occidental Petroleum Corp. (Oxy) CEO Stephen Chazen indicated Tuesday that spinning off the company’s estimated $16 billion oil and natural gas operations in California is a likely offshoot of new strategic plans to sell off some domestic and foreign assets to expand existing U.S. holdings.
October 30, 2013
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