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Alaska LNG Export Project May Cost $65B

The decades-long, stop-and-start effort to commercialize Alaska North Slope natural gas has “fully shifted” to a liquefied natural gas (LNG) project, Gov. Sean Parnell said last Wednesday after receiving an update from the producer trio and pipeline company collaborating on a project, which they said could cost $65 billion or more.

October 8, 2012

Haynesville-Eagle Ford Rig Switch Slowing Gas Output

In the current commodity price environment, the best thing about a natural gas rig might be that it can stop drilling for gas, move somewhere else and start drilling for oil. Put another way in a recent note by analysts at Goldman Sachs: “Where a rig is drilling is a more reliable indicator than its classification as a natural gas or oil rig in predicting if the well drilled will be a natural gas well or an oil well.”

October 8, 2012

Producers, TransCanada Outline Alaska LNG Export Project

The decades-long, stop-and-start effort to commercialize Alaska North Slope natural gas has “fully shifted” to a liquefied natural gas (LNG) project, Gov. Sean Parnell said Wednesday after receiving an update from the producer trio and pipeline company collaborating on a project, which they said could cost $65 billion or more.

October 5, 2012

Goldman: Haynesville-Eagle Ford Rig Migration Slowing Gas Growth

In the current commodity price environment, the best thing about a natural gas rig might be that it can stop drilling for gas, move somewhere else and start drilling for oil.

October 2, 2012

TransCanada Mainline: Possible ‘Crash Scene…Funeral’

Prospects of prolonged natural gas gluts have prompted a recommendation for Canada’s National Energy Board (NEB) to start preparing for hearings on costs of shutting down an industry cornerstone: TransCanada Corp.’s Mainline from Alberta to Ontario, Quebec and border crossings into the U.S. Midwest and Northeast.

September 24, 2012

Industry, Regulators Ponder TransCanada Mainline ‘Crash Scene…Funeral’

Prospects of prolonged natural gas gluts have prompted a recommendation for Canada’s National Energy Board (NEB) to start preparing for hearings on costs of shutting down an industry cornerstone: TransCanada Corp.’s Mainline from Alberta to Ontario, Quebec and border crossings into the U.S. Midwest and Northeast.

September 24, 2012

FERC OKS Interim Service on Tennessee Marcellus Project

Tennessee Gas Pipeline Co. got the go-ahead from FERC Thursday to start up facilities that will enable it to provide interim firm transportation service to three shippers on its Northeast Supply Diversification (NSD) Project beginning Oct. 1, one month ahead of the in-service date for the entire project.

September 24, 2012

MarkWest Extending Marcellus NGL Pipeline for XTO Growth

MarkWest Energy Partners LP on Tuesday agreed to extend its natural gas liquids (NGL) gathering pipeline in northwest Pennsylvania to accommodate the start-up later this year of XTO Energy Inc.’s midstream processing plant in Butler County, PA.

August 2, 2012

Shale Making Gas ‘Opportunity of a Lifetime’ in British Columbia

British Columbia (BC) Premier Christy Clark trekked north to see new gas processing and pipeline facilities start work in the resource-rich region where Canada’s western-most province meets the Yukon and Northwest Territories.

July 31, 2012

Pennsylvania Governor Attempts to Expedite Drilling Permit Process

An executive order (EO) issued by Pennsylvania Gov. Tom Corbett on Tuesday requires the state’s Department of Environmental Protection (DEP) to immediately start looking for ways to speed up the permit process for applications to drill.

July 26, 2012