With the natural gas industry in the United States having to shoulder the ever-increasing burden of gas-fired power generation, development of the ultra-deepwater Gulf of Mexico needs to be pursued in addition to other options such as LNG and Alaskan production, according to a new study led by Roger Anderson, director of Energy Research at Columbia University.
Shoulder
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Izzy and Lili Wreak Havoc, Take 88.9 Bcf of Gas Off Market
While weak shoulder month gas demand minimized the market impact of Hurricane Lili and Tropical Storm Isidore, the two storms did cut substantial volumes of gas and oil production in the Gulf of Mexico, and on Friday continued to have an impact, with 670 MMcf/d of gas and 105,000 b/d of crude oil production remaining curtailed, according to the Minerals Management Service (MMS).
October 21, 2002
Isidore, Lili Take 88.9 Bcf of Gas, 14.4 million bbl of Oil Off Market
While weak shoulder month gas demand minimized the market impact of Hurricane Lili and Tropical Storm Isidore, the two storms did cut substantially volumes of gas and oil production in the Gulf of Mexico and on Friday continued to have an impact, with 670 MMcf/d of gas and 105,000 b/d of crude oil production remaining curtailed, according to the Minerals Management Service.
October 21, 2002
Independents in Rockies Will Shoulder Supply Burden
Except for the deep-water Gulf of Mexico, major producers haveessentially “thrown in the towel” in the U.S. oil and gas marketand are traipsing overseas to find their fortunes, a top executivewith The Coastal Corp. said last week. As a result, he believesmost of the burden to supply a 30 Tcf natural gas market in theUnited States will fall to independent producers.
August 14, 2000
Rockies Independents Will Shoulder Heavy Supply Burden
Except for the deep-water Gulf of Mexico, major producers haveessentially “thrown in the towel” in the U.S. oil and gas marketand are traipsing overseas to find their fortunes, a top executivewith The Coastal Corp. said yesterday. As a result, he believesmost of the burden to supply a 30 Tcf natural gas market will fallto the independent producers.
August 11, 2000
Wall Street Turns Cold Shoulder To Impressive NCE, NSP Merger
New Century Energies (NCE) and Northern States Power (NSP), twoefficiently-run but merely mid-sized combination utilities, joinedthe merger parade last week, promising savings, greaterefficiencies and economies of scale. But the horns on Wall Streetdidn’t toot.
March 29, 1999
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