Projects

North American shale gas, particularly in the United States, has proven an energy cost-saving miracle for consumers who otherwise would be staring at prices three or four times higher, according to Toronto-based TD Group, the holding company for TD Bank.

A report issued by American Clean Skies Foundation last Thursday projects that technology-driven changes in oil and gas production since 2007 will lead to annual employment gains of 835,000 to 1.6 million new jobs nationwide by 2017 — more than the entire U.S. auto manufacturing industry — and increase the country’s gross domestic product (GDP) by $167 billion to $245 billion net.

BG Group, whose global expertise is centered around natural gas, said it plans to slash U.S. drilling, as well as other global gas-weighted projects, because of low commodity prices.

A report issued by American Clean Skies Foundation Thursday projects that technology-driven changes in oil and gas production since 2007 will lead to annual employment gains of 835,000 to 1.6 million new jobs nationwide by 2017 (more than the entire U.S. auto manufacturing industry), and increase the country’s gross domestic product by $167 billion to $245 billion on a net basis.

With non-strategic assets sales behind it, The Woodlands, TX-based Newfield Exploration Co. is focusing on multiple oil and liquids-rich projects and is placing particular emphasis on drilling longer laterals.

With non-strategic assets sales behind it, The Woodlands, TX-based Newfield Exploration Co. is focusing on multiple oil and liquids-rich projects and is placing particular emphasis on drilling longer laterals.

With oil production booming in the Permian Basin of West Texas, projects are being developed to serve producers wanting to get their oil to Houston. But going west on a converted portion of Kinder Morgan’s El Paso Natural Gas (EPNG) system could one day be an option, too.

Tennessee Gas Pipeline Co. Monday sought authorization to place the remaining portion of its Northeast Supply Diversification (NSD) Project in service on Nov. 1. The request came only days after the Federal Energy Regulatory Commission approved the start-up of a portion of the NSD facilities to provide service to three shippers beginning Oct. 1 (see Shale Daily, Sept. 24).

UGI Energy Services Inc. and Capitol Energy Ventures Corp. have taken firm capacity on the proposed Commonwealth Pipeline, making them anchor shippers on the project, which is sponsored by Inergy Midstream LP, UGI Energy and Capitol Energy. The contracts are for 10 years at negotiated rates. Commonwealth would provide a path for bringing gas produced in the Marcellus and Utica shale plays to markets in central and southeastern Pennsylvania and the greater Mid-Atlantic region (see Shale Daily, May 8). The proposed interstate pipeline will consist initially of 120 miles of 30-inch diameter pipeline extending from the southern terminus of the Inergy Midstream’s MARC I Pipeline in Lycoming County, PA, to several points of interconnection in southeastern Pennsylvania with other interstate pipelines, including NiSource Gas Transmission and Storage, Texas Eastern Transmission Co., Transco Pipeline, and Eastern Shore Natural Gas Co.