The 2012 Atlantic Hurricane season, which officially ended Friday, produced 19 named storms, including 10 hurricanes, one of them major (Category 3 or higher), continuing a decades-long high-activity era in the Atlantic Basin, according to the National Oceanic and Atmospheric Administration (NOAA). The number of named storms this year was well above the average of 12 and the number of hurricanes was above the average of six, but the number of major hurricanes was below the average of three, according to NOAA, which classified the 2012 hurricane seas as above normal. It was the second consecutive year that the mid-Atlantic and Northeast suffered devastating impacts from a named storm. In 2011 it was Hurricane Irene, which turned out the lights on millions of East Coast residents and in doing so cut demand for natural gas by about 2.8 Bcf; this year the region was hit by Hurricane Sandy, which struck the New Jersey coastline Oct. 30. But it was the seventh consecutive year that no major hurricanes hit the United States. The only major hurricane was Hurricane Michael, a Category 3 storm that stayed over the open Atlantic. Hurricane Isaac was the only storm to cause significant disruption to energy interests in the Gulf of Mexico.
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NOAA: 2012 Hurricane Season Continued ‘High Activity Era’
The 2012 Atlantic Hurricane season, which officially ends Friday, produced 19 named storms, including 10 hurricanes, one of them major (Category 3 or higher). It continued a decades-long high-activity era in the Atlantic Basin, according to the National Oceanic and Atmospheric Administration (NOAA).
Philly Councilman: City-Owned Utility Should Use Marcellus Natgas
A Philadelphia councilman wants Philadelphia Gas Works (PGW), which is the nation’s largest municipally owned natural gas utility, to use natural gas produced in the Marcellus Shale instead of Gulf of Mexico (GOM) gas received via pipeline.
Black Warrior Coalbed Methane Properties on Market
Constellation Energy Partners LLC (CEP) said Monday it’s looking for a buyer for its natural gas-heavy Black Warrior Basin properties in Tuscaloosa County, AL.
Texas Coffers Lifted by Oil and Gas
Texas tax revenues during fiscal year 2012, which ended Aug. 31, were considerably higher than the prior year, according to the state comptroller’s office, thanks in part to oil and gas activities in the state.
Significant Drilling Decline in Pennsylvania’s Marcellus, Utica Shales
While natural gas production is booming in Pennsylvania, applications to drill unconventional wells in the state appear to have fallen off a cliff in the last three months while the number of wells spudded has been slowly declining for almost a year, indicating producers in the Marcellus and Utica shales have gotten the gas glut message.
Shale Gas to Carry New York City Demand by 2025, Says ICF
Shale natural gas produced in the Northeast will supply more than 80% of the physical gas going to New York City by 2025, according to ICF International.
Cabot Given Green Light to Frack — Not Drill — in Dimock, PA
The Pennsylvania Department of Environmental Protection (DEP) has notified Cabot Oil & Gas Corp. that the company has satisfied the terms of a 2010 settlement and may resume hydraulic fracturing (fracking) and completion activities at seven Marcellus Shale natural gas wells in Dimock Township. However, the producer is still barred from drilling new wells in the area.
Marathon Drops Rigs in Eagle Ford, Anadarko Woodford, Bakken
Houston explorer Marathon Oil Corp. is reducing its rig count in the Eagle Ford Shale because of drilling efficiencies and dropped rigs in the Anadarko Woodford and Bakken plays in response to a “continued decline in natural gas liquids (NGL) and natural gas prices,” the company said Wednesday.
Texas Eastern Proposes Eagle Ford-Mexico Connection
Spectra Energy’s Texas Eastern Transmission LP is proposing a pipeline expansion project to carry natural gas produced in the Eagle Ford Shale of South Texas across the Mexican border.
