Produce

Valero Looks to Build Mega-Methanol Plant Fueled by Shale

Valero Looks to Build Mega-Methanol Plant Fueled by Shale

Valero Energy Corp. is planning to make its first big splash in the petrochemicals market by constructing a $700 million methanol plant on the same site in St. Charles Parish, LA, where its transportation fuel refinery is located.

July 17, 2013

Cogen Comeback Possible 4.42 Tcf/Year Boost for NatGas Demand

Expanding the use of combined heat and power (CHP) to produce electricity could, under one scenario, boost natural gas demand in the United States by as much as 4.42 Tcf/year, according to a report commissioned by the American Gas Association (AGA).

June 3, 2013

EQT Ups Marcellus Recovery Forecast

EQT Corp. on Friday said it expects to produce more natural gas in its core Marcellus Shale acreage on reduced cluster spacing, longer laterals and because of a land acquisition from Chesapeake Energy Corp. including higher projections for estimated ultimate recovery (EUR) at wells in its core Marcellus Shale acreage, thanks to reduced cluster spacing, longer laterals and a pending deal with Chesapeake Energy Corp.

June 3, 2013

West Virginia Needs ‘Significant’ Investment in NatGas Infrastructure

If West Virginia and the broader region encompassing the Marcellus and Utica shales take advantage of value-added opportunities associated with natural gas — in the manufacturing, transportation and electricity generation sectors — a greater share of the economic benefits of the shale boom will be retained by the region, according to a report issued by Vision Shared, a the Huntington, WV-based nonprofit organization. But significant investment is needed upfront to make that happen.

May 31, 2013

Range Sees Marcellus Potential of 8 Bcf/d

Range Resources Corp.’s Marcellus Shale leasehold has the potential to produce up to 8 Bcf/d, an executive said last week.

May 27, 2013

Range Sees 8 Bcf/d Potential from Marcellus

Range Resources Corp. has the potential to produce up to 8 Bcf/d from the Marcellus Shale, an executive said Tuesday.

May 23, 2013

States Reconsidering Renewables on Cheap NatGas

A number of states that have laws requiring utilities to use renewable fuels to produce a specific amount of electricity are considering scaling back their mandates — or even repealing them altogether — given the prolific supply of natural gas that has caused prices to plunge.

May 13, 2013

Cheap NatGas Has States Rethinking Renewable Mandates

A number of states that have laws requiring utilities to use renewable fuels to produce a specific amount of electricity are considering scaling back their mandates — or even repealing them altogether — given the prolific supply of natural gas that has caused prices to plunge.

May 8, 2013

WPX Piceance Gas Well Holds Big Potential

With an average production rate of almost 10 MMcf/d in the first quarter, a discovery well in the Piceance Basin may produce in the first few months what a typical well in the Niobrara formation has done over 25 to 30 years, WPX energy CEO Ralph Hill said Thursday.

May 6, 2013

WPX Gas Discovery in Piceance Could ‘More Than Double’ 3P Reserves

With an average production rate of almost 10 MMcf/d in the first quarter, a discovery well in the Piceance Basin may produce in the first few months what a typical well in the Niobrara formation has done over 25 to 30 years, WPX energy CEO Ralph Hill said Thursday.

May 6, 2013
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