Intermountain LNG Facility Flush; Utility Customers Benefit

Idaho regulators have taken steps to make sure local MDU Resources Group utility Intermountain Gas Co.’s current projected surplus of liquefied natural gas (LNG) that is sold to nonutility customers includes benefits for the retail regulated gas utility customers.

April 24, 2013
IMS Research Sees Shale Gas Driving Smart Grid Renewal

IMS Research Sees Shale Gas Driving Smart Grid Renewal

The continuing shale gas boom is having a “massive impact” on the U.S. energy market, particularly a revival for various smart grid developments, according to a report released by IMS Research, a unit of the global research/consulting firm IHS.

April 24, 2013
Chesapeake Markets 94,000-Acre Utica Package

Chesapeake Markets 94,000-Acre Utica Package

Chesapeake Energy Corp. has carved out a 94,000-acre tract in Ohio’s Stark and Portage counties to sell, land that represents roughly one-tenth of its leasehold in the Utica/Point Pleasant Shale.

April 11, 2013
Rosetta Mystery Play to Get 10% of 2013 Spending

Rosetta Mystery Play to Get 10% of 2013 Spending

More than 85% of Houston-based Rosetta Resources Inc.’s 2013 capex budget of $700 million will be spent in the liquids-rich window of the Eagle Ford Shale. About 10% of spending will go to evaluation of new venture opportunities outside the Eagle Ford that the company recently began talking about.

December 12, 2012

California: 85% of Cap-Trade Funds to Cut Power Costs

Up to 85% of the projected revenues from California’s proposed greenhouse gas (GHG) cap-and-trade auction could be used to cut retail electricity rates during the next eight years, according to a proposed state regulatory decision released this month. Eventual cap-and-trade revenues in the state have been estimated to range from $5.7 billion to $22.6 billion through 2020.

November 28, 2012

Range Beats 3Q Production Forecast, Writes Off Barnett

Boosted by activity in the Marcellus Shale and Mississippian Lime, Range Resources Inc. said Thursday it has beaten its 3Q2012 forecast for natural gas and natural gas liquids (NGL) production, with output up 47% year/year (y/y) and 10% sequentially.

October 12, 2012

Drilling Stepped Up in Mondak Portion of Bakken Shale

Test well results and micro-seismic analysis have identified more than 200 drilling locations in the Mondak in the Upper Bakken Shale, according to initial drilling results released Thursday by Calgary, Alberta-based PetroShale.

September 28, 2012

Isaac’s Path Recalls Katrina; 48% of GOM NatGas Output Shut In

More than 48% of natural gas production from the U.S. Gulf of Mexico (GOM) was shut in Monday as Tropical Storm Isaac, its projected path veering further west over the weekend and its power expected to increase to hurricane strength within the next 24 hours, moved ever closer to New Orleans.

August 28, 2012

25 Million Light-Duty NGVs Worldwide Forecast By 2019

There could be more than 25 million light-duty natural gas vehicles (NGV) on the road worldwide by the end of 2019 when annual NGV sales are projected to reach 3.2 million, according to a report issued Wednesday by Navigant Consulting’s Boulder, CO-based Pike Research unit. There are currently slightly more than two million NGVs around the world.

July 19, 2012

Jersey City Attempts to Delay Construction of New Jersey-New York Project

Jersey City, NJ, has called on FERC to stay a June order approving the start of construction of Spectra Energy Corp.’s New Jersey-New York Expansion Project, a 20-mile expansion of the Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission interstate pipeline systems.

July 12, 2012