Providing

With the Green River Basin of southwestern Wyoming providing the fuel, Ultra Petroleum Corp. Friday reported its largest three-month production numbers in history, with 1Q2007 output soaring 42% to a record 28.5 Bcfe from a year ago. Production on the Wyoming acreage alone increased more than 50%.

With the Green River Basin of southwestern Wyoming providing the fuel, Ultra Petroleum Corp. Friday reported its largest three-month production numbers in history, with 1Q2007 output soaring 42% to a record 28.5 Bcfe from a year ago. Production on the Wyoming acreage alone increased more than 50%.

The year 2006 was a “good year” for interstate natural gas pipelines at FERC, with the agency providing a “very positive…environment to encourage interstate pipeline construction,” said the head of a major pipeline group.

The year 2006 was a “good year” for interstate natural gas pipelines at FERC, with the agency providing a “very positive…environment to encourage interstate pipeline construction,” said the head of a major pipeline group.

Providing a new outlet for Appalachian Basin gas production, Duke Energy Gas Transmission’s (DEGT) East Tennessee Natural Gas LLC (ETNG) placed into service its 32-mile Jewell Ridge pipeline project, which will transport up to 235,000 Dth/d of production from CNX Gas Corp. and other Appalachian natural gas producers to customers in the growing southeastern and Mid Atlantic markets.

Marginal wells may not receive the attention of the big oil and gas discoveries, but they are critical to the U.S. energy supply, providing 17% of the domestic oil and 9% of the natural gas produced onshore, according to a report by the Interstate Oil and Gas Compact Commission (IOGCC). Without marginal wells, the IOGCC estimated the United States would have to increase imports by nearly 7%.

Providing a new outlet for Appalachian Basin gas production, Duke Energy Gas Transmission’s (DEGT) East Tennessee Natural Gas LLC (ETNG) placed into service its 32-mile Jewell Ridge pipeline project, which will transport up to 235,000 Dth/d of production from CNX Gas Corp. and other Appalachian natural gas producers to customers in the growing southeastern and Mid Atlantic markets.

Marginal wells may not receive the attention of the big oil and gas discoveries, but they are critical to the U.S. energy supply, providing 17% of the domestic oil and 9% of the natural gas produced onshore, according to a report by the Interstate Oil and Gas Compact Commission (IOGCC). Without marginal wells, the IOGCC estimated the United States would have to increase imports by nearly 7%.

San Diego-based Sempra Energy sees energy trading as an “integral part” of its overall business, providing a useful window on market imbalances that can lead to capital investment opportunities, according to CFO Mark Snell, who spoke Thursday at the Merrill Lynch Global Power and Gas Leaders Conference in New York City.