Federal officials have given a green light for a project in eastern Utah to drill an exploratory well in the Harley Dome natural gas field to capture helium, which, if the operation proves successful, could result in a helping to build supplies of the scarce gas.
September
Articles from September
Forest Sells Noncore Gas-Weighted Texas Assets
Forest Oil Corp. has agreed to sell all of its South Texas properties — excluding those in the Eagle Ford Shale — for proceeds of $325 million after tax as part of its ongoing deleveraging plan, the company said Thursday.
Sasol to Build Huge GTL Facility in Louisiana
In a long-term bet on abundant U.S. natural gas, South Africa’s Sasol Ltd. on Monday announced plans to construct a $16-21 billion natural gas-to-liquids (GTL) plant in Westlake, LA — the second largest commercial plant of its kind in the world.
200 MMcf/d of New Processing Online in Eagle Ford
Teak Midstream LLC’s 200 MMcf/d Silver Oak cryogenic gas processing plant is now online in South Texas, along with 250 miles of gathering and residue delivery pipelines, the company said Tuesday.
Significant Drilling Decline in Pennsylvania’s Marcellus, Utica Shales
While natural gas production is booming in Pennsylvania, applications to drill unconventional wells in the state appear to have fallen off a cliff in the last three months while the number of wells spudded has been slowly declining for almost a year, indicating producers in the Marcellus and Utica shales have gotten the gas glut message.
Heightened North Dakota Drilling Spurs Data Sensitivity
It has been around for more than 30 years, long before the state’s current oil/gas boom, but North Dakota’s six months of confidentiality provided new wells is taking on greater interest in the midst of the competitive exploration and production (E&P) push throughout the industry.
FERC to Focus on 2011 Southwest Outages, Curtailments
FERC Monday said it is holding a technical conference in late September to discuss actions that industry has taken in response to an August 2011 report on the weather-driven power outages and natural gas curtailments in early 2011.
Tennessee Marcellus Discount to Persist, Says Bentek
Tennessee Gas Pipeline (TGP) Zone 4 cash basis will remain weak for a while, although it will see an uplift of about 50 cents at the end of the year when the pipeline’s Northeast Supply Diversification project and National Fuel’s Northern Access expansion come online, Bentek Energy LLC said in a recent market note.
Maine’s Dueling Gas Pipeline Proposals Face Off
A special state appeal panel plans to rule in September which of two competing proposals would be authorized to build an 80-mile-long natural gas pipeline to Maine’s state capital, Augusta, and the surrounding Kennebec Valley. The chosen pipeline would bring natural gas to the area for the first time.
BLM Proposal to Downsize Oil Shale Development Draws Broad Support
Maintaining that Colorado’s water supply is too fragile to put at risk, a diverse coalition of more than 100 of the state’s business, conservation and sporting groups sent a letter of support Wednesday for a U.S. Bureau of Land Management (BLM) proposal to reduce the amount of land available for oil shale research and development.