production

In an effort to expand takeaway capacity from the Barnett Shale and Bossier Sand gas production plays in Texas, Energy Transfer Partners said its board has approved construction of an 85 mile 36-inch diameter pipeline from its Bethel gas storage facility in Anderson County, TX, to its 30-inch diameter Texoma Houston Pipe Line facility in Rusk County.

In an effort to expand takeaway capacity from the Barnett Shale and Bossier Sand gas production plays in Texas, Energy Transfer Partners said its board has approved construction of an 85 mile 36-inch diameter pipeline from its Bethel gas storage facility in Anderson County, TX, to its 30-inch diameter Texoma Houston Pipe Line facility in Rusk County.

Vancouver-based Encore Clean Energy Inc. is targeting the oil and natural gas production industry with new technologies that allow producers to use their wastewater and other byproducts to produce power for operations.

The Virginia Senate on Wednesday failed to override Gov. Mark Warner’s veto of a bill that advocated removing the ban on natural gas exploration and production (E&P) off of the state’s coastline.

Vancouver-based Encore Clean Energy Inc. is targeting the oil and natural gas production industry with new technologies that allow producers to use their waste water and other byproducts to produce power for operations.

Exploration and production (E&P) companies may see 2005-2006 cash flow estimates 10-30% higher, with the average target upside about 10%, said Lehman Brothers Tuesday. The financial analyst raised the natural gas price forecast by $0.25-1.00, to range between $6.00 and $6.25/MMBtu, and put oil price estimates $5-8/boe higher to $40-45/bbl.

Exploration and production (E&P) companies may see 2005-2006 cash flow estimates 10-30% higher, with the average target upside about 10%, said Lehman Brothers Tuesday. The financial analyst raised the natural gas price forecast by $0.25-1.00, to range between $6.00 and $6.25/MMBtu, and put oil price estimates $5-8/boe higher to $40-45/bbl.

While liquefied natural gas (LNG) continues to look like the perfect supplement to lagging U.S. domestic production, local distribution companies (LDC) are questioning why they are not being approached to ink long-term agreements with LNG suppliers; presumably such agreements would help support construction of LNG regasification terminals.

While liquefied natural gas (LNG) continues to look like the perfect supplement to lagging U.S. domestic production, local distribution companies (LDC) are questioning why they are not being approached to ink long-term agreements with LNG suppliers; presumably such agreements would help support construction of LNG regasification terminals.