The United States is the undisputed leader in the development of unconventional natural gas resources. However, much of the rest of the world is on to the shale gas promise and will soon be exploiting its reserves, according to a new analysis by Douglas-Westwood.
Soon
Articles from Soon
Best Shale Practices Can Keep Feds At Bay, Dorgan Says
The federal government isn’t planning a “full court press” on the natural gas industry, but it will if best management practices and state regulations aren’t effective, a former U.S. senator told an audience in Pittsburgh Tuesday.
Transportation Notes
After ending a previous Overage Alert Day (OAD) Friday but saying a new one might become necessary soon, Florida Gas Transmission wasted little time before implementing a new OAD for market-area customers Saturday. The tolerance for negative daily imbalances was initially set at 20% that day but was increased to 25% Sunday and Monday.
Industry Briefs
NuStar Energy LP has signed separate deals with Valero Energy Corp. and EOG Resources Inc. that will affect several shale plays. Under the Valero deal, NuStar will construct a new pipeline to transport Eagle Ford crude oil to Valero’s processing plants. Meanwhile, EOG will ship 70,000 b/d of crude oil from the Bakken, Eagle Ford and other shale plays by train to NuStar’s terminal at St. James, LA, and will add 360,000 bbl of storage capacity there. NuStar’s share of construction costs should be between $30 million and $40 million.
No Utility Status for Gathering Lines, Pennsylvania Lawmaker Says
A Pennsylvania lawmaker plans to introduce a bill soon that would prohibit gas gathering companies from becoming public utilities.
Energy Transfer, Regency Targeting Permian with $700M NGL Line
Lone Star NGL LLC — a venture of Energy Transfer Partners LP (ETP) and Regency Energy Partners LP — plans to construct a 530-mile natural gas liquids (NGL) pipeline from Winkler County in West Texas to the Jackson County processing plant in Jackson County, TX.
CFTC Plans to Divide Final Rules Into Three Batches
The Commodity Futures Trading Commission (CFTC) plans to soon begin finalizing the proposed rules to oversee the multi-trillion dollar derivatives market in the United States, but it doesn’t believe it will be able to complete its work by the July deadline set by Congress.
CFTC Plans to Divide Final Rules Into Three Batches
The Commodity Futures Trading Commission (CFTC) plans to soon begin finalizing the proposed rules to oversee the multi-trillion dollar derivatives market in the United States, but it doesn’t believe it will be able to complete its work by the July deadline set by Congress.
Texas Toughens Distribution Pipeline Monitoring
Natural gas distributors in Texas will soon have to develop programs that assess the risks of failures on their pipeline systems and prioritize equipment replacements under a rule adopted by the Railroad Commission of Texas (RRC).
Texas Toughens Distribution Pipeline Monitoring Rules
Natural gas distributors in Texas will soon have to develop programs that assess the risks of failures on their pipeline systems and prioritize equipment replacements under a rule adopted last week by the Railroad Commission of Texas (RRC).