Republished

FERC Proposes NatGas Pipes, Transmission Operators Share Information

FERC on Thursday issued a draft notice of proposed rulemaking (NOPR) that would allow interstate natural gas pipelines and electric transmission operators to share nonpublic operational information that they believe would promote reliable service and better planning on their systems. The proposal is the first concrete step that the Federal Energy Regulatory Commission (FERC) has taken toward coordinating the two markets.

July 22, 2013

U.S. NatGas Trade with Canada Still Gaining

U.S. natural gas exporters are on course for a seventh straight record year for northbound sales, according to the U.S. Department of Energy’s (DOE) trade scorecard.

July 22, 2013

House Panel Approves NatGas Pipe Permitting Bill

The full House Energy and Commerce Committee last Wednesday voted out amended legislation that aims to speed up the permitting of interstate natural gas pipelines by both federal and state agencies.

July 22, 2013

FERC Seeks More Data on Jurisdictional Gas Sales

Many of the responders to an initial notice of inquiry (NOI) on whether to require quarterly reporting of FERC-jurisdictional next-day and next-month transactions contend that the quarterly reporting requirement would not improve natural gas market transparency.

July 22, 2013

House Committee Grills New DOI Chief

During her first appearance before the House Committee on Natural Resources last Wednesday, Department of Interior (DOI) Secretary Sally Jewell, a former business executive and an engineer, got a gander at a political divide as wide as the Grand Canyon.

July 22, 2013

E&P NatGas Market Insight Expected in 2Qs

North American exploration and production (E&P) companies will begin to unveil their second quarter results over the coming weeks, and while there aren’t expected to be any big surprises, analysts are hoping for details on natural gas market fundamentals — particularly in the Marcellus Shale — along with insight into emerging plays and more information on ethane rejection in natural gas liquids (NGL) plays.

July 22, 2013

Slightly Higher Natural Gas Prices Forecast

Wells Fargo Securities analysts last week increased their outlook for natural gas prices to reflect 2Q2013 average pricing. They also expect to see “slightly increasing” gas output as badly needed infrastructure in the Marcellus, Utica and Eagle Ford shales comes online.

July 22, 2013

McCarthy Confirmed as EPA Chief

The Senate Thursday confirmed Gina McCarthy to head the Environmental Protection Agency (EPA), ending a four-month long stalemate between Republicans and Democrats over her controversial nomination.

July 22, 2013

Nucor to Spend $700M-Plus to Fuel Encana’s Natural Gas Drilling

Steel manufacturer Nucor Corp. said it plans to spend more than $700 million on natural gas drilling over a two-year period to meet its contractual obligations with Encana Corp. for low-cost gas supplies.

July 22, 2013

Baker Sees ’13 U.S. Rig Count Down 8%, Well Count Off 4%

Baker Hughes Inc. is optimistic about North America for the second half of 2013, but sector leader Schlumberger Ltd. still expects an oversupplied pressure pumping market.

July 22, 2013