storage

North Dakota officials reported Tuesday that the state again set all-time production records in August, hitting 1 Bcf/d for natural gas and 911,000 b/d of crude oil production. Department of Mineral Resources Director Lynn Helms predicted the state would soon pass the 1 million b/d milestone.

Tennessee Gas Pipeline (TGP) Tuesday got the go-ahead from FERC to place into service three pipeline loops associated with its Northeast Upgrade Project, which will carry an additional 636,000 Dth/d of natural gas from the Marcellus Shale to Northeast markets.

The gathering and processing segment of the natural gas supply chain will be the focus of a study of methane emissions about to be undertaken by researchers at Colorado State University (CSU). It is one component of a larger effort to study methane emissions associated with the natural gas industry.

The U.S. Supreme Court on Tuesday agreed to consider whether the U.S. Environmental Protection Agency (EPA) has the power to require greenhouse gas (GHG) permits for big stationary pollution sources, including power plants, factories and refineries.

Connecticut business interests have registered their support for an Algonquin Gas Transmission expansion project to carry an additional 342,000 Dth/d of gas from the Marcellus and Utica shales through New York and into southern New England.

Royal Dutch Shell plc won’t be producing nearly as much natural gas from North American unconventionals by 2017 as anticipated, outgoing CEO Peter Voser said Tuesday.

Natural gas prices on Tuesday added 6 cents on average for Wednesday deliveries as gains were widespread with only a handful of points slipping into the loss column. The Midwest and California were particularly firm, but most Northeast and East points posted solid gains as well. At the close of futures trading, November had eased 3.0 cents to $3.790 and December was down by 3.1 cents to $3.935. November crude oil fell $1.20 to $101.21/bbl.

Carl Icahn, whose investments in Chesapeake Energy Corp., among others, led to big changes, has turned his eyes to Calgary’s Talisman Energy Inc., where he now holds a near 6% stake.

Shale-driven consolidation among midstream players continued last week with two separate transactions as operators pursue abundant growth potential in building the infrastructure it will take to get more natural gas and oil to market.