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Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by NGI’s Shale Daily of 2012 Form 552 buyer and seller filings with FERC.

The Millennium Pipeline Co. is holding a nonbinding open season through May 31 for firm transportation service under its existing rate schedule FT-1 to be made available with existing capacity and construction of at least one compressor station and 60 miles of new pipeline that would connect to the Dominion Transmission system near Cortland, NY, and the Tennessee Gas Pipeline System near Syracuse, NY. For information, contact Stan Brownell, brownell@millenniumpipeline.com.

Global demand for natural gas is projected to grow at about 2% per year, about twice the rate for oil demand. And liquefied natural gas (LNG) capacity, which about doubled from 2000 to 2012 could double again by 2025, according to Ernst & Young (E&Y). But it’s still early days in the U.S. LNG export game, and opinions vary widely on what will happen.

Global demand for natural gas is projected to grow at about 2% per year, about twice the rate for oil demand. And liquefied natural gas (LNG) capacity, which about doubled from 2000 to 2012 could double again by 2025, according to Ernst & Young (E&Y). But it’s still early days in the U.S. LNG export game, and opinions vary widely on what will happen.

In some cases operators just aren’t drilling and in others they are leaving the state for greener pastures as 2012 continued to be another year for declining natural gas production in Northwest New Mexico’s San Juan Basin, according to the latest state statistics that showed the region produced 780 Bcf last year.

Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.

Net production among all the major U.S. natural gas production basins will grow at a rate of better than 1% annually, or 2 Bcf/year, through 2020, according to a report by Calgary-based consultant Ziff Energy Group. The report looked at 17 major gas-producing areas, including the Gulf of Mexico (GOM).

Net production among all the major U.S. natural gas production basins will grow at a rate of better than 1% annually, or 2 Bcf/year, through 2020, according to a new report by Calgary, Alberta-based consultant Ziff Energy Group. The report, released last Monday, looks at 17 major gas-producing areas, including the Gulf of Mexico (GOM).

Commercial energy technology is contributing significantly to the U.S. economy, with $132 billion in revenue in 2011 and an estimated 19% growth rate in 2012, according to the first-ever analysis of the advanced energy sector.