Produce

Raymond James & Associates Inc. on Tuesday revised upward its 2013 U.S. natural gas production forecast to average about 66.8 Bcf/d, up 1.3 Bcf/d from a previous forecast, mostly because Marcellus Shale output has not declined, while associated gas from oil drilling is only adding to the surplus.

Royal Dutch Shell plc and Qatar Petroleum have teamed up with Qatar Airways to produce a natural gas-based aviation jet fuel, which was used on a commercial jetliner from Qatar last week.

With natural gas reserves continuing to increase, U.S. engineers are testing ways to convert methane gas economically into building blocks to produce chemicals, a job traditionally handled by petroleum.

Bill Barrett Corp. continues to produce about 33 MMcf/d net (49 MMcf/d gross) of natural gas in the area of its West Tavaputs field where a fire shut down one of its three compressors and sent two employees to the hospital, the company said Thursday.

An infrastructure to produce liquefied natural gas (LNG) may be one of the initiatives to emerge from a developing process in Wyoming to forge a deeper, broader energy-environmental foundation, according to Gov. Matt Mead’s policy director.

By 2021, the Eagle Ford Shale could produce nearly $62.1 billion in output, support about 82,600 full-time jobs, add nearly $34 billion in gross regional product and about $888 million to local government revenues and $1.6 billion to state revenues, according to a new studies of 14 South Texas counties comprising the Eagle Ford area.

EFL Overseas Inc. (EFLO) has acquired from Nahanni Energy Inc. additional rights and interests in the Liard Basin natural gas field and facilities in the Kotaneelee area of the Yukon Territory, the Houston-based company said.

Countries and companies that produce oil should reduce the flaring of associated natural gas by 30% by 2017, the World Bank-led Global Gas Flaring Reduction (GGFR) partnership said last Wednesday. Meanwhile, in the United States and Mexico, progress on flaring reduction is being made as gas-handling infrastructure is built out in oil plays.

Countries and companies that produce oil should reduce the flaring of associated natural gas by 30% by 2017, the World Bank-led Global Gas Flaring Reduction (GGFR) partnership said Wednesday. Meanwhile, in the United States and Mexico, progress on flaring reduction is being made as gas-handling infrastructure is built out in oil plays.