Thirty-two of the dry natural gas rigs operated by Nabors Industries Ltd. in the Haynesville Shale have been redeployed to liquids areas “and we expect more of the remaining 26 to be diverted” soon, CEO Tony Petrello said late Tuesday.
Segment
Articles from Segment
California Provides Option to Smart Meters
California regulators Wednesday unanimously moved to accommodate a small, but increasingly vocal segment of residential utility customers that have rebelled against advanced meters in their homes and apartments.
New York Juggernaut: Laws, Politics, Industry Bypass
Both supporters and critics of natural gas development often point to Pennsylvania and New York as two different approaches to regulating shale, but that difference may have been more of an inevitability than a choice, according to a panel of experts speaking in Pittsburgh Wednesday.
Chesapeake to Anchor Marcellus-Gulf Ethane Pipeline
A frequent customer of Enterprise Products Partners LP in several shale play infrastructure projects, Chesapeake Energy Corp. has stepped up to be the anchor shipper on the partnership’s proposed pipeline to carry ethane from the Marcellus and Utica shales to the U.S. Gulf Coast.
Boardwalk Pipeline Partners Continues Shale Expansion
Houston-based Boardwalk Pipeline Partners LP has been able to strengthen the value of its natural gas pipeline network by expanding and extending it into North American shale basins over the past few years, but the recent overabundance of gas has resulted in “lower natural gas prices and a reduction in price differentials, both seasonally and between basins,” according to CEO Stanley Horton.
Range Resources Exec: Producers Face Riskier Business Today
In a low-gas price environment, it’s woe that befalls the gas producer that overpays for midstream services or transportation. And because the industry’s pace has quickened as companies rush to develop shale plays, the risks of overspending at contract time are greater today, Rodney Waller, Range Resources Corp. senior vice president, told a Houston audience last week.
Transportation Notes
ANR began repairs Tuesday at its Portland (IN) Compressor Station in the Northern Fuel Segment (ML-7), which are limiting Defiance South-CTFP northbound capacity by 190 MMcf/d, leaving 919 MMcf/d available through Friday. Based on current nominations, it is anticipated that the reduction may result in the curtailment of IT and Firm Secondary nominations, ANR said.
Transportation Notes
Southern California Gas did not extend a new high-linepack OFO beyond Tuesday.
GasMart 2011: FERC’s Mosley: Traditional Flow ‘No Longer the Norm’
Natural gas transmission companies have been keeping FERC busy with project paperwork, as the industry segment tries to adjust to a marketplace being altered by shale gas.
GasMart 2011: FERC: Traditional Flow Routes ‘No Longer the Norm’
Natural gas transmission companies have been keeping FERC busy with project paperwork as the industry segment tries to adjust to a marketplace being altered by shale gas.