Speed

Canadian Lease Sales Presage Continued High Level of Drilling

Canadian producers telegraphed intentions to keep on drilling for natural gas at maximum speed by stockpiling targets at hectic Crown mineral rights auctions in Alberta and British Columbia. Alberta netted a record C$2.3 billion (US$2 billion) on oil and gas rights sales in 2005, prompting forecasts that field activity will stay strong potentially for years to come.

December 19, 2005

White House Pushes El Paso NM Drilling Plans; State Balks

New Mexico state officials promised Monday not to go quietly in the wake of White House intervention to speed up consideration of Houston-based El Paso Corp.’s plans to drill for coalbed methane in a pristine national forest region in the northeastern part of the state. An energy task force set up by the Bush Administration has overridden U.S. Forest Service opposition, according to a front page report in the Los Angeles Times.

August 10, 2004

Rockies Activity Picks Up Speed, But Obstacles Still Hinder Rapid Growth

The Rocky Mountain region is seen by many as the supply savior of the U.S. natural gas marketplace, but production growth in the region probably will be lower than many expect for the same reasons that have hindered development historically: pipeline takeaway constraints and the slow regulatory process, particularly drilling permitting, said Stu Wagner, an analyst with Petrie Parkman in Denver.

March 15, 2004

Rockies Activity Picks Up Speed, But Obstacles Still Hinder Rapid Growth

The Rocky Mountain region is seen by many as the supply savior of the U.S. natural gas marketplace, but production growth in the region probably will be lower than many expect for the same reasons that have hindered development historically: pipeline takeaway constraints and the slow regulatory process, particularly drilling permitting, said Stu Wagner, an analyst with Petrie Parkman in Denver.

March 12, 2004

ExxonMobil Leases Advanced LNG Technology to U.K. Firm

After finalizing new technology that will speed up construction times on liquefied natural gas (LNG) facilities, ExxonMobil Upstream Research Co. said Friday that it has licensed the patented LNG storage tank technology to U.K.-based Skanska Whessoe, an engineering, procurement and construction contractor with specialized, worldwide experience in storage and handling of low-temperature fluids.

January 12, 2004

ExxonMobil Leases Advanced LNG Technology to U.K. Firm

After finalizing new technology that will speed up construction times on liquefied natural gas (LNG) facilities, ExxonMobil Upstream Research Co. said that it has licensed the patented LNG storage tank technology to U.K.-based Skanska Whessoe, an engineering, procurement and construction contractor with specialized, worldwide experience in storage and handling of low-temperature fluids.

January 12, 2004

Wood Suggests Energy Bill Provision Could Speed Project Construction

Those advocating a fast track for approval of infrastructure projects should get their message through to energy bill conferees, FERC Chairman Pat Wood said last Tuesday, noting that energy legislation only “comes around one time in about 10 years.”

October 20, 2003

Wood Suggests Energy Bill Provision Could Speed Project Construction

Those advocating a fast track for approval of infrastructure projects should get their message through to energy bill conferees, FERC Chairman Pat Wood said Tuesday, noting that energy legislation only “comes around one time in about 10 years.”

October 15, 2003

Strong Gas Pipeline Growth Seen in West, Northeast

Natural gas pipeline growth is moving full speed ahead in the Rocky Mountains, Southern California and the Northeast, but expansion of West-to-East transportation capacity, pipelines in Atlantic Canada and Gulf Coast infrastructure has slowed considerably — marking a huge change from the outlook just two years ago, a panel of energy executives said Wednesday.

September 29, 2003

Strong Gas Pipeline Growth Seen in West, Northeast

Natural gas pipeline growth is moving full speed ahead in the Rocky Mountains, Southern California and the Northeast, but expansion of West-to-East transportation capacity, pipelines in Atlantic Canada and Gulf Coast infrastructure has slowed considerably — marking a huge change from the outlook just two years ago, a panel of energy executives said Wednesday.

September 25, 2003