Officials with the Pennsylvania Department of Conservation and Natural Resources (DCNR) will participate in an online forum this week to discuss potential Marcellus Shale gas drilling in the Loyalsock State Forest.
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Shale Growth Causing NatGas Pipeline ‘Replumbing,’ Says Braziel
The day-in and day-out reports from operators ready to build new natural gas pipelines and natural gas liquids (NGL) midstream infrastructure generally have had one thing in common over the past couple of years: most are for the Marcellus Shale. And that’s not going to change anytime soon, according to industry executives.
Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects
More than half of the natural gas pipeline projects that entered service were in the Northeast during 2012, a year in which overall U.S. capacity investment slowed.
Analyst: North America to Be Important LNG Supplier
The global liquefied natural gas (LNG) market is supply constrained, but that will change in the coming years as new liquefaction capacity comes online, including in North America, allowing LNG consumption growth to resume, Poten & Partners Inc.’s Darryl Houghton told a Houston audience recently.
Plan In Hand, Newfield Needs to Execute, Analyst Says
Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.
Analyst: North America to Be Important LNG Supplier
The global liquefied natural gas (LNG) market is supply constrained, but that will change in the coming years as new liquefaction capacity comes online, including in North America, allowing LNG consumption growth to resume, Poten & Partners Inc.’s Darryl Houghton told a Houston audience last week.
National Fuel Looks to Marcellus for Production, Pipeline Boost
The promise of production from seven “exceptional” wells brought online in January in Pennsylvania’s Marcellus Shale and continuing additions to its pipeline business paint an expanding future for National Fuel Gas Co. (NFG) in 2013, CEO Dave Smith said during a conference call with analysts.
Gulfport Chalks Up More Results in Utica
Gulfport Energy Corp. Tuesday reported production results for two more Utica Shale wells and said it plans to have natural gas and liquids flowing to pipelines this spring.
Industry Brief
The city of Dallas Plan Commission on Thursday voted to reconsider the application by Trinity East Energy LLC for three zoning permits that would allow it to drill within the city limits. The commission previously voted against granting the permits (see Shale Daily, Jan. 8). The commission now is expected to hold a hearing on the permits Feb. 17. If the specific use permits ultimately receive the commission’s blessing, Trinity East will have an easier time gaining the ultimate approval it needs to drill from Dallas City Council. Some drilling opponents in attendance at the commission meeting chanted “shame” following the vote to reconsider; some wept, and one activist was led from the chamber, according to an online report by TheDallas Morning News.
Magnum Hunter Eagle Ford Wells Best Ever
Magnum Hunter Resources Corp. brought online two new company-operated Eagle Ford Shale wells three days before Christmas. The wells’ best-ever results for the company in the Eagle Ford could have Magnum Hunter rethinking its idea of divesting the South Texas properties, said CEO Gary C. Evans.