Despite some fall-off in overall sales, Houston-based CARBO Ceramics Inc. Thursday said it continues to see strong ceramic proppant sales volumes in the active major shale plays such as the Eagle Ford, Permian and Bakken.
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West Virginia Gives Farmers a Break, Declines to Assess Wellpads
The West Virginia Department of Revenue (DOR) has decided not to assign assessed value to oil and natural gas wellpad sites in the state, heeding the advice of a special committee of county assessors that doing so would pose a hardship to farmers who own surface, but not mineral, rights to their land.
AGA: NatGas ‘Essential Component’ of Energy Portfolio
The United States has experienced a “transformational shift in the perceived role of natural gas,” as an energy source that 10 years ago was perceived by some as unreliable and scarce, to one that now is recognized as an “essential component of a clean and secure energy portfolio,” providing an opportunity to satisfy new demand at “affordable” prices into the future, the American Gas Association (AGA) said last week.
Natural Gas ‘Essential Component’ of Energy Portfolio, Says AGA
The United States has experienced a “transformational shift in the perceived role of natural gas,” as an energy source that 10 years ago was perceived by some as unreliable and scarce, to one that now is recognized as an “essential component of a clean and secure energy portfolio,” providing an opportunity to satisfy new demand at “affordable” prices into the future, the American Gas Association (AGA) said Wednesday.
Canadian Shales Top Out at 2,222 Tcf
A report by a veteran Canadian engineering firm in support of a liquefied natural gas (LNG) export terminal on the British Columbia coast has come up with some astronomical early estimates of shale gas resources in just five of the 50 identified shale basins in Canada.
Report Puts Canadian Shale Gas Resource Base at Up to 2,222 Tcf
A report by a veteran Canadian engineering firm in support of a liquefied natural gas (LNG) export terminal on the British Columbia coast has come up with some astronomical early estimates of shale gas resources in just five of the 50 identified shale basins in Canada.
Estimated Canadian Shale Gas Resources Could Reach 2,222 Tcf
A report by a veteran Canadian engineering firm in support of a liquefied natural gas (LNG) export terminal on the British Columbia coast has come up with some astronomical early estimates of shale gas resources in just five of the 50 identified shale basins in Canada.
CME Assures Customers Ahead of Swap Dealer Rule Enactment
Looking to allay concerns from customers that some of its new product offerings will force a change in how they trade, CME Group issued an open letter last week that more fully explains how the exchange will operate once Dodd-Frank Wall Street Reform Act regulations on swap dealer registrations going into effect Oct. 12. The exchange also explained in more depth the previously announced rollout of a broad suite of new natural gas and power contracts that will be listed as futures on CME Globex, the New York Mercantile Exchange (Nymex) trading floor and CME ClearPort, and will be available for trading on CME Direct, a platform offering side-by-side trading and straight-through processing and clearing of exchange-listed and over the counter (OTC) energy markets.
CME Assures Customers Ahead of Early October Swap Dealer Rule Enactment
Looking to allay concerns from customers that some of its new product offerings will force a change in how they trade, CME Group issued an open letter Monday that more fully explains how the exchange will operate once Dodd-Frank Wall Street Reform Act regulations on swap dealer registrations go into effect Oct. 12. The exchange also explained in more depth the previously announced rollout of a broad suite of new natural gas and power contracts that will be listed as futures on CME Globex, the New York Mercantile Exchange (Nymex) trading floor and CME ClearPort, and will be available for trading on CME Direct, a platform offering side-by-side trading and straight-through processing and clearing of exchange-listed and over the counter (OTC) energy markets.
Industry Brief
Illinois-based Gas Technology Institute (GTI) has signed two contracts with the California Energy Commission (CEC) totaling $3.5 million to support some energy projects in the West. With a satellite office in Davis, CA, GTI will help the CEC develop more economic natural gas-fired combined heat-power (CHP) systems and advanced waste heat recovery technology. GTI received a $1.8 million grant to develop flex-fuel CHP that can operate interchangeably on natural gas or biogas produced by anaerobic digesters at wastewater treatment plants and landfills. GTI also has a $1.73 million grant to demonstrate technology for converting high temperature (900 degrees F) exhaust gas waste heat into electricity on an average-sized industrial furnace.