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Apache Rallies on $4B Asset Sale Plan

Apache Corp., which has been reworking its global portfolio over the past three years to strengthen its North American base and worldwide operations, has targeted $4 billion worth of assets in its portfolio to sell by the end of the year, CEO G. Steven Farris said Thursday.

May 10, 2013
EIA Sees Gas Production Growth, Price Increases Through 2014

EIA Sees Gas Production Growth, Price Increases Through 2014

A cold beginning to spring that resulted in a tepid start to the natural gas storage refill season has analysts at the Energy Information Administration (EIA) once again revising their natural gas price forecasts upward for the rest of 2013 and 2014. The government agency added that strong onshore production growth will offset Gulf of Mexico declines in both years.

May 9, 2013

EPA Cuts Estimate of Natural Gas Methane Emissions

The Environmental Protection Agency (EPA) has significantly revised downward its estimate for the past two decades of methane emissions from U.S. natural gas systems from the wellhead to the burnertip.

April 22, 2013

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.

April 11, 2013
EIA: March Cold, Sluggish Production Bump Price Forecast Higher

EIA: March Cold, Sluggish Production Bump Price Forecast Higher

The Energy Information Administration (EIA) joined a growing list of analysts raising 2013 natural gas price forecasts, saying in a Short-Term Energy Outlook (STEO) released Tuesday that it expects spot prices, which averaged $2.75/MMBtu at the Henry Hub last year, to climb to an average of $3.52 this year and $3.60 in 2014.

April 11, 2013
Quicksilver Inks Long-Sought Barnett Deal

Quicksilver Inks Long-Sought Barnett Deal

A unit of Tokyo Gas Co. Ltd. is buying an undivided 25% interest in the Barnett Shale assets of Quicksilver Resources Inc. for $485 million, marking a milestone for the debt-laden Fort Worth, TX-based producer, which has long sought a Barnett partner.

April 2, 2013

ISO-NE Renews Concerns About Growing Dependance on NatGas

Over the past 10 years natural gas has become the predominant fuel used to generate electricity in New England, a shift that has “provided clear economic benefits” for the region, but has also created “serious reliability threats to the bulk power system,” according to Gordon van Welie, CEO of ISO New England Inc. (ISO-NE).

March 21, 2013

Report: Energy Boom Thanks to Shale, Not Obama

A new report by the nonpartisan Congressional Research Services (CRS) backs up Republican lawmakers’ claims that all of the increase in oil and natural gas production that occurred during the past five years has been on state and private — rather than federal — lands. For the most part, state and private lands are where the shale action is.

March 11, 2013
Report: Energy Boom Thanks to Shales, Not Obama

Report: Energy Boom Thanks to Shales, Not Obama

A new report by the nonpartisan Congressional Research Services (CRS) has backed up Republican lawmakers’ claims that all of the increase in oil and natural gas production that occurred during the past five years has been on state and private — rather than federal — lands. For the most part, state and private lands are where the shale action is.

March 7, 2013

Report: Energy Booming In Spite of Obama Policies

A new report by the nonpartisan Congressional Research Services (CRS) has backed up Republican lawmakers’ claims that all of the increase in oil and natural gas production that occurred during the past five years has been on state and private — rather than federal — lands.

March 6, 2013