National Oilwell Varco Inc. (NOV) and GE Oil & Gas are collaborating to optimize their production businesses to bring down the costs of working in the deepwater, considered the most costly area to develop oil and natural gas.
Articles from Solutions
Salt Lake City, UT-based Savage, a supply chain solutions company, on Tuesday introduced bulk material handling and rail transloading services at the Ohio Commerce Center (OCC) in Lordstown, OH.
Despite ongoing statewide efforts, city and county governments in Colorado and California are coming up with local solutions to safe and sane hydraulic fracturing (fracking). Two jurisdictions are lifting fracking moratoriums.
While natural gas is becoming the fuel of choice due to its clean-burning qualities and newfound abundance in North America thanks to shale development, the increased gas demand from multiple sources, including the industrial sector, electric power sector, transportation and liquefied natural gas and pipeline exports, is unlikely to boost the domestic price of the resource substantially, according to a new study titled “New Dynamics of the U.S. Natural Gas Market,” conducted by the Bipartisan Policy Center (BPC).
Enbridge Bakken Pipeline Co. Inc. has completed and placed in service its 77-mile Bakken Pipeline Project Canada, which connects to the Enbridge Pipelines Inc. (EPI) Mainline and carries crude oil from the Bakken Shale to North American refinery markets, Enbridge Energy Partners LP (EEP) and Enbridge Income Fund said Monday.
Encana Corp. and liquefied natural gas (LNG) fueling solutions provider Ferus LNG Inc. plan to build a 190,000 liter per day LNG production facility near Grande Prairie, Alberta (AB). The facility is to be near high levels of energy industry activity in northwestern Alberta and northeastern British Columbia and is expected to be operational by the end of 2013. It would be among the first in Canada designed to produce high-quality LNG fuel specifically for high-horsepower (HHP) engines used in drilling rigs, pressure pumping services and heavy-duty highway and off-road trucks, the partners said. Other HHP applications for the LNG supply include rail, mining, and remote power generation. To support the entire LNG supply chain, Encana and Ferus LNG have also designed and are in the process of building specialized mobile storage and dispensing equipment. Ferus and Encana said they have committed to using LNG for their own fueling needs. In 2011 alone, Encana saved $12 million in fuel costs by using natural gas instead of diesel in drilling rigs and company trucks and is on track to exceed this figure in 2012, the company said (see NGI, March 26). Earlier this year Ferus said it was putting into service the first LNG-powered heavy duty truck in Alberta (see NGI, April 30).