Secret

In the midst of its improbable oil and natural gas boom, North Dakota is coming clean on a dirty little secret — flaring of more than one-third of its gas supplies produced in its rapidly expanding Bakken Shale formation’s record-breaking oil production. While the latest analyses look closely at North Dakota’s experience there is no exact measurement of how much of the nation’s flaring is centered there; a reasonable guess is 25%, sources say.

In the midst of its oil and natural gas boom, North Dakota is coming clean on a dirty little secret — flaring of more than one-third of its gas supplies produced in its rapidly expanding Bakken Shale formation’s record-breaking oil production. While the latest analyses look closely at North Dakota’s experience, there is no exact measurement of how much of the nation’s flaring is centered there; a reasonable guess is 25%, sources say.

In the midst of its improbable oil and natural gas boom, North Dakota is coming clean on a dirty little secret — flaring of more than one-third of its gas supplies produced in its rapidly expanding Bakken Shale formation’s record-breaking oil production. While the latest analyses look closely at North Dakota’s experience there is no exact measurement of how much of the nation’s flaring is centered there; a reasonable guess is 25%, sources say.

It’s no secret that weak prices have made natural gas a stepchild to oil and natural gas liquids (NGL), but perhaps nowhere else is the clean-burning stuff more out of favor than in the halls of Houston-based EOG Resources Inc., where CEO Mark Papa can’t seem to distance himself from the Mcfs fast enough.

It’s no secret that weak prices have made natural gas a stepchild to oil and natural gas liquids (NGL), but perhaps nowhere else is the clean-burning stuff more out of favor than in the halls of Houston-based EOG Resources Inc., where CEO Mark Papa can’t seem to distance himself from the Mcfs fast enough.

It’s no secret that the natural gas industry is long on supply and, thanks to the recession, currently short on market. Complicating the picture are the shifting geography of supply sources as producers target unconventional basins, and pipeline capacity constraints, which are expected to periodically push prices down further and put a ceiling on high prices, the founder of Bentek Energy LLC said last Wednesday.

It’s no secret that the natural gas industry is long on supply and, thanks to the recession, currently short on market. Complicating the picture are the shifting geography of supply sources as producers target unconventional basins, and pipeline capacity constraints, which are expected to periodically push prices down further and put a ceiling on high prices, the founder of Bentek Energy LLC said Wednesday.

While it is no secret that North American natural gas production is on the decline due to declining reserves, newer production fields in Canada and the United States continue to stem the tide. Last week, Halifax, NS-based Corridor Resources reported that its McCully Gas Field in New Brunswick has begun pumping 35 MMcf/d of natural gas into the Maritimes & Northeast Pipeline (M&NP) for delivery in Canada and the northeastern United States. The action marks the first export of gas from an onshore site in Atlantic Canada to New England.

While it is no secret that North American natural gas production is on the decline due to declining reserves, newer production fields in Canada and the United States continue to stem the tide. On Wednesday, Halifax, NS-based Corridor Resources reported that its McCully Gas Field in New Brunswick has begun pumping 35 MMcf/d of natural gas into the Maritimes & Northeast Pipeline (M&NP) for delivery in Canada and the northeastern United States. The action marks the first export of gas from an onshore site in Atlantic Canada to New England.