Potential

A well count “evolution” is taking place across the United States because the “cost of opportunity of drilling shale gas is growing,” said Societe Generale analysts in a note to clients.

Wyoming state lawmakers last Friday passed legislation to help bring a permanent solution to potential drinking water problems in the Pavillion, WY, area. This is where two U.S. Environmental Protection Agency (EPA) test wells have sparked concerns among residents and environmental activists who are opposed to hydraulic fracturing (fracking).

An unprecedented midstream infrastructure building boom offers the potential for tens of thousands of jobs and a $511 billion cumulative boost to the U.S. economy during the next 23 years, according to the Interstate Natural Gas Association of America (INGAA). The infrastructure is necessary to deliver domestic natural gas, liquids and crude oil from domestic shale plays.

An unprecedented midstream infrastructure building boom offers the potential for tens of thousands of jobs and a $511 billion cumulative boost to the U.S. economy during the next 23 years, according to the Interstate Natural Gas Association of America (INGAA). The infrastructure is necessary to deliver domestic natural gas, liquids and crude oil from domestic shale plays.

Kitimat may not be the only British Columbia (BC) city to benefit from potential liquefied natural gas (LNG) exports. The port city of Prince Rupert, on the province’s north coast, is being eyed by UK-based BG Group plc for a natural gas export hub as well, officials confirmed Thursday.

World-scale engine builder Cummins Inc. sees potential for growth in the market for natural gas engines for trucks.

Wyoming is facing a potential budget shortfall exceeding $100 million due to rapidly declining natural gas prices in a state highly dependent upon the shale boom and its related economic drivers, Gov. Matt Mead said Tuesday in Cheyenne.

The governing board of the Port of Brownsville, TX, has approved a lease option for 500 acres of port property for the potential development of a liquefied natural gas (LNG) liquefaction and export facility by Gulf Coast LNG Export LLC.

The Railroad Commission of Texas (RRC) Tuesday approved draft rules to implement new or amended potential matrices to be guidelines in determining penalties for safety violations of state regulations governing safety of pipelines, liquefied petroleum gas, compressed natural gas, liquefied natural gas (LNG), as well as underground pipeline damage prevention.