The U.S. Bureau of Land Management (BLM) says it has cleared most of a more than two-year-old backlog for issuing oil and gas leases in Wyoming and hopes to have the remainder completed within days.
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BLM Clearing Backlog of Oil and Gas Leases in Wyoming
The U.S. Bureau of Land Management (BLM) says it has cleared most of a more than two-year-old backlog for issuing oil and gas leases in Wyoming and hopes to have the remainder completed within days.
ExxonMobil: Unconventional Gas to Grow Five-Fold by 2030
By 2030, natural gas will have become the second-largest global energy source — ahead of coal — aided by technologies that have unlocked enormous new supplies of gas from shale, tight formations and coalbed methane, ExxonMobil Corp. said Thursday.
Futures Push Lower as $2.50 Level Eyed by Some
After putting in a new low for the move of $3.155 in morning trade, May natural gas futures ended up creeping higher from there for the remainder of Monday’s regular session before closing at $3.253, down 4.4 cents from Friday’s finish. Despite the fact that there is no bullish case anywhere to be found, traders and analysts warned that anything can happen Tuesday, which marks the May contract’s expiration.
Futures Trickle Lower But Bulls Remain Poised
After putting in a high of $6.232 in Tuesday morning trade, February natural gas futures slunk lower for the remainder of the regular session, recording a low of $5.865 before settling at $5.983, down 8.9 cents from Monday’s finish. Despite the decline, some market experts said the lows could already be in and that bulls could finally be coming to power with the support of colder weather and larger gas storage withdrawals.
Gulfstream Seeks to Start Up Remaining Phase IV Facilities Next Month
Gulfstream Natural Gas System LLC Monday asked FERC for authorization to place into service next month the remainder of its Phase IV expansion facilities, which will supply natural gas to a power plant in west-central Florida that is in the process of being converted to burn gas.
Texas Eastern Starts Up TIME II Expansion to New Jersey
Texas Eastern Transmission LP (Tetco) notified FERC this week that it has placed into service the remainder of its TIME II pipeline and compression expansion project, which will provide provide up to 150,000 Dth/d of new transportation service to the New Jersey market area to alleviate market constraints due to increasing market demand.
March Start-Up Date Now Eyed for Rest of REX-West
Rockies Express Pipeline LLC’s (REX) projected time frame — early February — for completing the remainder of its western leg known as REX-West has come and gone.
March Start-Up Now Eyed for Rest of REX-West
Rockies Express Pipeline LLC’s (REX) projected time frame — early February — for completing the remainder of its western leg known as REX-West has come and gone. The company now expects the remaining 213 miles of the REX-West project, running eastward from an ANR Pipeline interconnect in Brown County, KS, to Panhandle Eastern Pipe Line (PEPL) in Audrain County, MO, to be in service some time in March.
Timeline for Completion of REX-West Pushed Back
Citing adverse weather conditions, Rockies Express Pipeline LLC (REX) Thursday pushed back its timeline for completing the remainder of its western leg known as REX-West.