Responses

It will add to the hydrocarbon-rich state’s mitigation of flared associated natural gas supplies in the Bakken Shale play.

The recently formed Eagle Ford Task Force, which was created by Texas Railroad Commissioner David Porter (see Shale Daily, July 29), outlined its agenda for the rest of the year at a meeting last week. The 24 task force members plan to focus on water usage and hydraulic fracturing; the impact of oil and gas production on community infrastructure; the need for public education about oil and gas production; and the promotion of economic development through the industry. At the meeting members discussed workforce issues affecting the region. Industry representatives estimated that approximately 120 jobs are connected to each drilling rig and currently there are about 200 rigs operating in the Eagle Ford. However, employers are often battling failed drug tests and background tests or the lack of commercial drivers licenses when trying to fill jobs in the burgeoning oil and natural gas play, they said.

Shale gas prices are likely to remain “reasonable” for years to come, despite possible upward pressure from hydraulic fracturing (fracking) issues, according to more than 700 executives and managers from utilities and other industry organizations who participated in a recent survey conducted by Black & Veatch.

Shale’s market eruption and regulatory responses to recent safety breaches have combined to put some strain on the U.S. natural gas pipeline industry’s usually staid credit ratings, according to a report released Tuesday by Standard & Poor’s Ratings Services (S&P).

Buckeye Partners LP has received “favorable responses” from potential customers to transport natural gas liquids (NGL) produced in the Marcellus Shale Basin in Pennsylvania to the market in Sarnia, ON, on its proposed Union Pipeline project, the partnership said last week. The open season response provides further indication that producers are pursuing wetter gas to cash in on more lucrative NGL prices.

Buckeye Partners LP has received “favorable responses” from potential customers to transport natural gas liquids (NGL) produced in the Marcellus Shale Basin in Pennsylvania to the market in Sarnia, ON, on its proposed Union Pipeline project, the partnership said Wednesday.

Buckeye Partners LP has received “favorable responses” from potential customers to transport natural gas liquids (NGL) produced in the Marcellus Shale Basin in Pennsylvania to the market in Sarnia, ON, on its proposed Union Pipeline project, the partnership said Wednesday.

In a shrinking power load market nationally under the shadow of climate change policy responses and economic recession, NRG Energy Inc. CEO David Crane urged the electricity industry and financial analysts following it not to “overreact” to the prospect of what some would characterize as draconian measures set to come out of the Obama administration’s newly activated U.S. Environmental Protection Agency (EPA). Some segments of the coal industry may even thrive in the future, Crane said during an earnings conference call Tuesday.

In a shrinking power load market nationally under the shadow of climate change policy responses and economic recession, NRG Energy Inc. CEO David Crane urged the electricity industry and financial analysts following it not to “overreact” to the prospect of what some would characterize as draconian measures set to come out of the Obama administration’s newly activated U.S. Environmental Protection Agency (EPA). Some segments of the coal industry may even thrive in the future, Crane said during an earnings conference call Tuesday.