A long list of legislation that targeted the natural gas industry in West Virginia failed to receive enough support from lawmakers before they adjourned last Saturday. However, the House of Delegates enacted a series of resolutions, perhaps offering a glimpse of things to come.
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In a report that aired Sunday, CBS News said New York’s Department of Environmental Conservation (DEC) will make an announcement sometime after Sept. 3 that high-volume hydraulic fracturing (HVHF) will be allowed to move forward in the state, ending a four-year wait and an effective moratorium on the practice.
A two-phase approach to the Keystone XL oil pipeline from Canada to U.S. Gulf Coast refineries should result in a new line from Oklahoma to the Gulf being in place sometime next year, with the XL phase from Canada to Nebraska following by early 2015, the CEO of the project’s sponsor, TransCanada Corp., said Friday. The latter is the only part of the project now requiring a federal Presidential Permit from the U.S. State Department.
Added gas processing capacity bringing the state’s total to 1 Bcf/d is expected to cut volumes being flared significantly. Currently 34% of North Dakota’s average daily gas production is being flared, but that is slated to change a lot over the course of 2012, according to Industrial Commission spokesperson Alison Ritter.
Saying it expected to complete repairs sometime Friday, Rockies Express (REX) declared a force majeure event for Thursday’s gas day at Bertrand Compressor Station due to an aftercooler leak on Unit 5. Until further notice REX was limiting quantities through Segment 250 to 1,730,000 Dth/d. Based on the level of scheduled quantities, AOR/IT, secondary and primary FT quantities are at risk of not being fully scheduled, the pipeline said.
Independent producer Petrohawk Energy Corp. last Tuesday announced a “significant” natural gas field discovery in the Eagle Ford Shale formation in South Texas, long believed to be the source of much of the oil and natural gas produced in the prolific Austin Chalk.