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North American Onshore Well Services Catching Up With Demand, Schlumberger Says

Pressure pumping services in North American unconventional basins appear to be on the cusp of oversupply, Schlumberger Ltd. executives said Friday.

October 24, 2011

FERC OKs Projects to Deliver Marcellus Gas to Canada

The Federal Energy Regulatory Commission Thursday issued certificates for National Fuel Gas Supply Corp.’s Northern Access Project and Tennessee Gas Pipeline’s 230C Project, both of which would clear the path for the delivery of more Marcellus shale gas north into Canada.

October 24, 2011

Fort Worth Debates Tougher Drilling Regs

Fort Worth City Council members got an earful last Tuesday night from a standing-room-only audience about a proposal to tighten drilling restrictions in the Barnett Shale town. Protected use areas, multiple well pad site permitting and saltwater disposal are among the items being weighed.

October 24, 2011

FERC: Shale Production Keeping Gas Prices Low

Natural gas production from the nation’s shale plays now accounts for more than one-quarter of U.S. production, compared with 5% in 2007, and is helping to keep gas prices among the lowest in a decade, according to FERC’s Office of Enforcement (OE).

October 21, 2011

Hearing on Fort Worth Drilling Proposal Draws Crowd

Fort Worth City Council members got an earful Tuesday night from a standing-room-only audience about a proposal to tighten drilling restrictions in the Barnett Shale town. Protected use areas, multiple well pad site permitting and saltwater disposal are among the items being weighed.

October 20, 2011

Hefty EIA Storage Builds Expected; November Drops

November futures plunged Wednesday as traders anticipate an inventory report to not only show additions to storage well above historical averages, but also surpass the record for October. At the close November had dropped 12.7 cents to $3.489 and December had shed 6.8 cents to $3.791. November crude oil fell 24 cents to $85.57/bbl.

October 13, 2011

Bentek: NGL Investment Cycle Today, Crude Oil Tomorrow

Anyone nostalgic for the natural gas infrastructure boom of the latter half of the last decade need only wake up to the natural gas liquids (NGL) infrastructure boom of today — and look forward to what’s to come in response to growing crude oil production — according to an analysis due to be finished in about three weeks.

October 3, 2011

NGL Investment Cycle Today, Crude Oil Tomorrow, Says Bentek

Anyone nostalgic for the natural gas infrastructure boom of the latter half of the last decade need only wake up to the natural gas liquids (NGL) infrastructure boom of today — and look forward to what’s to come in response to growing crude oil production — according to an analysis to be finished in about three weeks.

September 29, 2011

Large-Scale Gas Processing Project Proposed for Marcellus

After hinting for months that going big was the only way to accommodate excess ethane supplies in the Marcellus Shale, Williams on Tuesday proposed to build a large-scale natural gas processing and ethane project that would traverse the rich gas/dry gas divide in Pennsylvania.

September 21, 2011

Marcellus Gas Said More Economic Than Some Oil

The Marcellus Shale is not only the most economic natural gas basin in the country, it is producing better returns than many oil plays, an energy industry analyst told an audience in Philadelphia recently.

September 19, 2011
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