In an effort to capitalize on liquids-rich gas production in Texas and the Midcontinent and provide producers with a natural gas liquids (NGL) marketing alternative to Mont Belvieu, TX, Crosstex Energy Inc. unit Crosstex Energy LP said it is planning to expand Louisiana fractionation facilities and construct a new NGL pipeline.
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Helmerich & Payne Sees Growth in U.S. Onshore Market
Tulsa-based contract drilling company Helmerich & Payne Inc. said Tuesday it has agreements in place with eight U.S. exploration and production companies to build and operate 12 of its proprietary FlexRigs, which are to begin onshore operations in fiscal 2012.
Pennsylvania Businesses Seeing Marcellus Spike
Local businesses in two of the most active counties in the Marcellus Shale are reporting increased sales, but also some difficulties holding onto employees, according to a study from Penn State University released Sunday.
EPA Plans Fracking Field Work This Summer
As part of its congressionally mandated study of hydraulic fracturing (fracking), the Environmental Production Agency (EPA) Wednesday said it plans to conduct field work in various regions of the country starting this summer to determine the potential impacts of fracking on drinking water sources (see Daily GPI, March 22, 2010).
CNG Vehicle Use Bolstered Across Nation
From coast to coast, natural gas as a transportation fuel emerged in several parts of the nation this month, addressing both the production of fleet vehicles and the fueling infrastructure needed to sustain an uptick in fleets switching to natural gas. New milestones were reported in the West, Midwest and East.
Southcross Plans New Eagle Ford Processing
Southcross Energy plans to construct a 200 MMcf/d gas processing plant in Refugio County, TX, to handle liquids-rich production from the Eagle Ford Shale, the Dallas-based company said Tuesday.
Petrochem Industry Eyes Economic Growth from Shale Gas
The natural gas liquids (NGL) in shale gas offer the United States a “tremendous opportunity” to strengthen manufacturing, boost economic output and create jobs, according to a report by the American Chemistry Council (ACC).
North American E&Ps Readjust Spending Plans Higher
Spending by North American exploration and production (E&P) companies is expected to jump substantially this year and is much higher than forecasted just six months ago, according to the latest worldwide spending survey by Dahlman Rose & Co.
API Campaign Touts Oil, Gas as ‘Major Force’ in Rebuilding Economy
The American Petroleum Institute (API), which represents major producers, has launched an advertising campaign this week that touts the importance of oil and gas production in rebuilding the U.S. economy.
North American E&Ps Raise Spending Predictions
North American exploration and production (E&P) spending in North America is expected to jump substantially in 2011 and is much higher than forecasted six months ago, according to the latest worldwide spending survey by Dahlman Rose & Co.