A suburban Pittsburgh regional park authority in Allegheny County, PA, voted Thursday to sign a five-year, non surface lease with a Pittsburgh land brokerage firm that could lead to Marcellus drilling under the one park the authority runs. The agreement still needs to be approved by four of the five communities that the authority represents.
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SM Energy Homing In On Eagle Ford Shale
SM Energy Co. said it plans to spend $1.04 billion next year, $830 million of that on drilling, mostly in the Eagle Ford Shale and the Bakken/Three Forks in the Williston Basin. The company’s putting its money in “all the right places,” according to an analyst at Tudor, Pickering, Holt & Co. Securities Inc.
Barclays: Conventional Declines Overshadow Canada’s Shale Gains
The Horn River and Montney shale plays in British Columbia — like their counterparts in the Lower 48 — have a productive future, but their bright outlook is overshadowed by steep declines in conventional Canadian production due to maturing fields and substantial cutbacks in drilling, according to analysts at Barclays Capital.
Tenaska Betting on Haynesville With New Gathering System
“The Haynesville formation has the capacity to be one of the most productive of the deep shale formations in the U.S.,” and Tenaska Capital Management LLC (TCM), an affiliate of Tenaska Energy Inc., plans to build a gas gathering system with multi-market capability to serve the East Texas play, the company said Thursday.
Tenaska Plans 140-Mile Haynesville Gathering System
“The Haynesville formation has the capacity to be one of the most productive of the deep shale formations in the U.S.,” and Tenaska Capital Management LLC (TCM), an affiliate of Tenaska Energy Inc., plans to build a gas gathering system with multi-market capability to serve the East Texas play, the company said last Thursday.
Researcher: Bad Regulation Bigger Threat than Russian Gas
Limits on power generator greenhouse gas (GHG) emissions will be a boon to the natural gas industry while domestic productive capacity and access to global supply are poised to climb. Producers will need to remember that “price matters,” and regulators should ensure that their initiatives do not contradict each other, a Rice University Baker Institute fellow warned.
Researcher: Bad Regulation More Fearsome than Russian Gas
Limits on power generator greenhouse gas (GHG) emissions will be a boon to the natural gas industry while domestic productive capacity and access to global supply are poised to climb. Producers will need to remember that “price matters,” and regulators should ensure that their initiatives do not contradict each other, a Rice University Baker Institute fellow warned.
Excess Coke Could Feed Synthetic Gas Production
The manufacture of synthetic gas is rising on the Alberta government’s priority list of industrial research projects as, not least, a productive way to dispose of an environmental byproduct of the oilsands.
Synthetic Gas Production Could Absorb Petroleum Coke from Oilsands
The manufacture of synthetic gas is rising on the Alberta government’s priority list of industrial research projects as, not least, a productive way to dispose of an environmental byproduct of the oilsands.