Opportunity

The natural gas liquids (NGL) in shale gas offer the United States a “tremendous opportunity” to strengthen manufacturing, boost economic output and create jobs, according to a report by the American Chemistry Council (ACC).

Marcellus Shale gas operators in Pennsylvania are poised to comply with last month’s request by the Department of Environmental Protection (DEP) to stop delivering wastewater to 15 municipal wastewater treatment facilities by Thursday (May 19).

President Obama last Tuesday jumped at the opportunity to possibly eliminate tax breaks for the oil and gas industry, urging congressional leaders “to take immediate action” after comments by House Speaker John Boehner (R-OH) seemed to indicate that he was receptive to the idea.

President Obama on Tuesday jumped at the opportunity to possibly eliminate tax breaks for the oil and gas industry, urging congressional leaders “to take immediate action” after comments by House Speaker John Boehner (R-OH) seemed to indicate that he was receptive to the idea.

Oklahoma City-based Chesapeake Operating Inc. and Little Rock, AR-based Clarita Operating LLC agreed Friday to halt drilling waste injection activities at two disposal wells while a potential link between injection activities and earthquakes in the Fayetteville Shale region is examined.

Pennsylvania’s shale plays “are an incredible opportunity” for the job-starved state, according to incoming Lt. Gov. Jim Cawley, who declared that he and Gov. Tom Corbett “will send a message that Pennsylvania is open for business.”

Dallas-based EXCO Resources Inc. on Thursday credited drilling success in the Haynesville Shale for “a significant increase” in proved reserves. The company also said it is shopping for offers that would compete with a buyout proposal it received from its CEO late last year.

With shipper contracts expiring in 2015, Alliance Pipeline Ltd. plans to develop receipt and short-haul services that take advantage of the pipeline’s location near developing gas shale plays in British Columbia and North Dakota, Alliance said. The new offerings will complement the pipeline’s “bullet line” service from Western Canada to Chicago, as well as provide hub services such as the Natural Gas Exchange and the Alliance Chicago Exchange project.

John W. Somerhalder II., new board chairman of the American Gas Association (AGA) sees an opportunity for natural gas as a transportation fuel.