Portland, OR-based NW Natural has asked Oregon regulators for approval to provide compressed natural gas (CNG) fueling service to business customers. The cost of the service would be paid by the individual customers using it.
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Natural Gas, Wind Said Ideal Texas Power Team
In Texas, natural gas and renewable resources are the energy industry’s peanut butter and jelly, according to a new report paid for by a foundation that bears the name of a shale gas patch pioneer. Free wind and solar need natural gas-fueled generators to back them up, and renewables are cheaper to dispatch than fossil-fueled power sources.
Natural Gas, Wind Seen as Ideal Texas Power Team
In Texas, natural gas and renewable resources are the energy industry’s peanut butter and jelly, according to a new report paid for by a foundation that bears the name of a shale gas patch pioneer. Free wind and solar need natural gas-fueled generators to back them up, and renewables are cheaper to dispatch than fossil-fueled power sources.
Atlas Buying Raton, Black Warrior, Arkoma Basin Assets
Atlas Energy LP (ATLS) exploration and production (E&P) subsidiary Atlas Resource Partners LP (ARP) is buying 466 Bcf of natural gas proved reserves in the Raton (New Mexico) and Black Warrior (Alabama) basins from EP Energy E&P Co. LP (EP Energy), a unit of EP Energy LLC, for $733 million.
Chesapeake Royalties Lawsuit Remanded to Ohio District Court
A federal appeals court in Cincinnati has remanded back to a Youngstown, OH, district court a class action lawsuit against Chesapeake Energy Corp., which holds leases from predecessor operators that allegedly underpaid natural gas royalties to Ohio landowners for more than a decade.
Controversy Gushes from Reservation in Bakken
Lawsuits have been filed in federal and state courts over a part of North Dakota’s prosperous Bakken Shale that lies under the Fort Berthold Reservation, which according to the state’s latest statistics makes up nearly 20% of the play’s ever-growing oil production.
Hess to Spend 40% of E&P Budget on U.S. Shale Prospects
Hess Corp. said Wednesday it plans to spend $6.8 billion on capital expenditures (capex) in 2013, with the largest share — $2.7 billion, or 40% of the exploration and production (E&P) budget of $6.7 billion — devoted to unconventional resources.
MarkWest Sees ‘Explosive Growth’ in 2013
MarkWest Energy Partners is getting ready for “explosive growth” in the Northeast “in 2013 and beyond,” CEO Frank Semple said Thursday. Next year, natural gas liquids (NGL) processing in the Marcellus and Utica shales combined should increase to 4.8 Bcf/d from 2.7 Bcf/d to serve producer customers.
Piceance Sale Makes Antero an Appalachia Pure Play
Antero Resources is selling all of its natural gas and pipeline assets in the Piceance Basin for $325 million in cash plus assumption of its Rocky Mountain firm transportation obligations in order to focus more on the Marcellus and Utica shales.
Western Australia Mandating Well Chemicals Disclosure
The government of Western Australia said Wednesday it will introduce regulations to mandate public disclosure of “any chemicals introduced into a well or formation” although tight and shale gas development in the region is seen as “a number of years away.”