Shales

At the dawn of the shale age, “location, location, location” matters as much to natural gas storage projects as it ever did. But robust supplies from shales have helped deflate the New York Mercantile Exchange (Nymex) forward curve, leaving storage developers to ask, “Where did my spread go?”

The mad dash to tap the massive natural gas and oil shales across North America has begun to cut into the bottom line as service costs rise, Encana Corp. executives said last week.

The mad dash to tap the massive natural gas and oil shales across North America has begun to cut into the bottom line as service costs rise, Encana Corp. executives said Wednesday.

The mad dash to tap the massive natural gas and oil shales across North America has begun to cut into the bottom line as service costs rise, Encana Corp. executives said Wednesday.

Enterprise Products Partners LP (EPD) agreed to pay M2 Midstream LLC $1.2 billion to buy two natural gas gathering and treating systems that run through the Haynesville/Bossier shales, as well as the Cotton Valley and Taylor sands formations in Louisiana and East Texas.

Enterprise Products Partners LP (EPD) agreed to pay M2 Midstream LLC $1.2 billion to buy two natural gas gathering and treating systems that run through the Haynesville/Bossier shales, as well as the Cotton Valley and Taylor sands formations in Louisiana and East Texas.

BP plc, which has been nudging up its natural gas position in North America’s shales in the past few years, sees its best opportunities in the next decade coming from new technology and a new company culture, CEO Tony Hayward said last week.

BP plc, which has been nudging up its natural gas position in North America’s shales in the past few years, sees its best opportunities in the next decade coming from new technology and a new company culture, CEO Tony Hayward said Tuesday.

BP plc, which has been nudging up its natural gas position in North America’s shales in the past few years, sees its best opportunities in the next decade coming from new technology and a new company culture, CEO Tony Hayward said Tuesday.