The Environmental Protection Agency’s (EPA) proposed tailoring rule, which sets the stage for the agency to regulate greenhouse gas (GHG) emissions from stationary sources, could cause significant permitting delays for the natural gas industry, three major gas groups told the EPA.
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Gas Groups Decry Potential Impact of EPA Tailoring Rule
The Environmental Protection Agency’s (EPA) proposed tailoring rule, which sets the stage for the agency to regulate greenhouse gas (GHG) emissions from stationary sources, could cause significant permitting delays for the natural gas industry, three major gas groups told the EPA.
Apache Joins EOG as Potential Kitimat LNG Gas Supplier
Apache Corp. may supply natural gas to Kitimat LNG Inc.’s proposed liquefied natural gas (LNG) export terminal in Kitimat, BC, the terminal developer said Monday.
CNX Sets Production Record with Marcellus Well
CNX Gas Corp.’s first horizontal well in the Marcellus Shale is producing at a rate of 6.5 MMcf/d, which sets a company record for daily output. The production rate is among the highest reported to date by any producer operating in the Appalachian Basin play.
Chesapeake Looks To Sell Rockies, Woodford Shale Assets
Chesapeake Energy Corp. is looking for buyers for three sets of properties throughout the Rocky Mountains and another leasehold in the Woodford Shale of Oklahoma.
Chesapeake Looking for Buyers for Rockies, Woodford Shale Assets
Chesapeake Energy Corp. is looking for buyers for three sets of properties throughout the Rocky Mountains and another leasehold in the Woodford Shale of Oklahoma.
Futures Drop 5.6 Cents after Neutral 11 Bcf Storage Draw
With the Midwest and Northeast huddling together for warmth as the coldest weather of the season sets in over the next couple of days, January natural gas futures in lethargic trading Thursday moved within a slim 23-cent range before closing at $7.671, down 5.6 cents on the day. Coming in well within expectations, the Energy Information Administration (EIA) reported Thursday morning that 11 Bcf was removed from underground natural gas storage for the week ended Dec. 1.
Transportation Notes
MRT is declaring a System Protection Warning, effective Thursday until further notice, that sets these conditions: MRT will not schedule any Main Line IT or AOR (Authorized Overrun) volumes for delivery north of Glendale, AR; and firm volumes will be limited to their primary direction of flow. To avoid OFOs, shippers who were relying on Main Line IT and/or AOR volumes were encouraged to resource supply to MRT’s East Line, where capacity is available, or reduce applicable delivery volumes.
Senate OKs Budget Resolution Authorizing ANWR Drilling; House ANWR Nod Not Expected
The Senate on Thursday approved a $2.8 trillion budget resolution that sets the stage for legislation authorizing drilling in the Arctic National Wildlife Refuge (ANWR), but the prospects for the inclusion of ANWR in the House budget appear bleak.
CrossTex, MarkWest Complete Acquisition of Midstream Assets
El Paso Corp. on Wednesday completed the sale of its interests in two separate sets of midstream assets located in Louisiana and Texas for a total of $642 million, while Kerr-McGee Corp. sold its 40% stake in one of the plants for $156 million.