As they continue to pursue rules on hydraulic fracturing (fracking), California oil/gas officials are not seeing the increase in exploratory activity or permitting as other shale basins around the nation have experienced. Drilling activity is down slightly compared to this time last year, a spokesperson for the state Division of Oil, Gas and Geothermal Resources (DOGGR) told NGI’s Shale Daily Wednesday.
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Wisconsin Eyeing Gas Growth, Utility CEO Says
Customer fuel-switching, growing gas-fired generation needs tied to more reliance on renewable power and pipeline infrastructure expansions in the western parts of the state have Wisconsin’s major combination utility anticipating a growing role for natural gas, according to the CEO of Wisconsin Energy (WE).
Deepwater Demand Said to Be ‘High and Rising’
The largest oilfield supplier in North America is seeing strong demand for its products and services in the deepwater and overseas, but the U.S. natural gas and oil onshore drilling market is going nowhere today.
Coal-to-Gas Switch to Reverse With Gas Price Rise
Seeing a rally in natural gas prices that could push them up to the $3.50 to the low $4 area in the next two to three years, Princeton, NJ-based NRG Energy Inc. senior executives speculated Wednesday that there may be the beginning of a reversal of the ongoing coal-to-gas switch for power generation, particularly in the Texas market in which NRG is the second biggest generator.
Baker Hughes ‘Cautiously Optimistic’ on North America
Baker Hughes Inc. is seeing some deterioration in U.S. natural gas liquids (NGL) drilling activity, but activity in the Gulf of Mexico (GOM) has returned to pre-moratorium levels, CEO Martin Craighead told analysts on Friday.
Flaring Easing as North Dakota E&P Issue
With rig counts, prices and liquids all moving up, the incidence of natural gas flaring in the Bakken Shale play is expected to continue to decline throughout this year, the head of the North Dakota Petroleum Council, Ron Ness, told NGI’s Shale Daily Wednesday, responding to questions about a report on the state’s record-setting oil/gas operations from the state Department of Mineral Resources (DMR).
Horseheads, NY, Considering Moratorium on Fracking
Despite seeing some economic benefits from Marcellus Shale drilling in neighboring Pennsylvania, elected officials in the Town of Horseheads, NY, are considering a moratorium on hydraulic fracturing (fracking) in their community.
Horseheads, NY, Mulling Fracking Moratorium
Despite seeing some economic benefits from Marcellus Shale drilling in neighboring Pennsylvania, elected officials in the Town of Horseheads, NY, are considering a moratorium on hydraulic fracturing (fracking) in their community.
Schlumberger CEO: North America Onshore Operators Face Uncertainties
Hydraulic fracturing (fracking) services that have been under pressure in North America’s natural gas basins now are seeing some of the same impacts in the liquids-rich basins, Schlumberger Ltd.’s CEO said Friday.
Industry Brief
Cardinal Midstream LLC has brought a third cryogenic gas processing plant online in the Arkoma Woodford Shale, and it now has 220 MMcf/d of operated cryogenic processing capacity in the Oklahoma play. The new Tupelo Plant in Coal County, OK, is capable of processing 120 MMcf/d. Cardinal’s Coalgate Plant, an 80 MMcf/d facility, is adjacent to Tupelo, and the Atoka Plant in Atoka County, has a capacity of 20 MMcf/d. Cardinal Midstream President R. Mack Lawrence said the company was expanding its gathering system and “evaluating further processing capacity expansions given the level of drilling activity on dedicated acreage and the quality and production volume we’re seeing from the rich gas wells in the play.”