Story

Gas Rig Count Recovery Likely to Halt Production Decline, Say Analysts

The accuracy of Energy Information Administration (EIA) 914 production data may be in dispute (see related story), but Barclays Capital energy analysts said Wednesday the U.S. natural gas drilling rig count has advanced for 29 weeks, which may arrest production declines this year.

February 11, 2010

Gas Rig Count Recovery Likely to Halt Production Decline, Say Analysts

The accuracy of Energy Information Administration (EIA) 914 production data may be in dispute (see related story), but Barclays Capital energy analysts said Wednesday the U.S. natural gas drilling rig count has advanced for 29 weeks, which may arrest production declines this year.

February 11, 2010

Correction

The story “Construction Starts on California Gas Storage Field” (see Daily GPI, Jan. 13) misstated the length of a pipeline that will be built to connect the Gill Ranch natural gas storage facility currently under construction in the San Joaquin Valley of California to PG&E’s existing transmission backbone pipeline (No. 401) north of Panoche, CA. The actual length of the to-be-built pipeline is 25 miles. NGI regrets the error.

January 14, 2010

BLM to Make Haste on Renewable Project Review

While the Interior Department announced last week it is expanding and lengthening the process for permitting of oil and natural gas drilling on government lands (see related story), the department’s Bureau of Land Management (BLM), has scheduled 31 renewable energy projects for fast-track environmental and public review. This will enable the projects to meet the end of the year deadline to qualify for funding under the American Recovery and Reinvestment Act (ARRA).

January 11, 2010

Clarification

The headline, “Texas Railroad Commission Tries to Block Renewable Transmission Lines,” which accompanied a story regarding some motions filed by the commission to intervene in several Public Utility Commission of Texas proceedings (see Daily GPI, Dec. 3), was misleading. The commission does not necessarily oppose Oncor’s plans to build renewable transmission lines across the state, and Oncor will work with the commission to address all of its concerns as it would with any intervenor in the process, a spokesperson said.

December 4, 2009

Correction

The story “Wood Mackenzie: Gas Price Pain, Then Gain” (see NGI, Nov. 23) quoted an incorrect price forecast from a Credit Suisse presentation slide. For 2009 the firm has cut its U.S. gas price forecast to $3.97 from $4.01.

November 30, 2009

Correction

The story “For Gas Bulls, Bad News Comes First” (see Daily GPI, Nov. 23) quoted an incorrect price forecast from a Credit Suisse presentation slide. For 2009 the firm has cut its U.S. gas price forecast to $3.97 from $4.01.

November 24, 2009

Correction

The story “Ranking Shows ‘Scrambled’ Pipe Capacity Trader Lineup” in the Oct. 12 issue of Natural Gas Intelligence included incorrect information from a source. RBS Sempra Energy Trading should be ranked 13th among pipeline capacity traders.

October 26, 2009

Correction

The story “Top Pipe Capacity Players ‘Scrambled,’ Ranking Shows” in the Oct. 7 issue of NGI’s Daily Gas Price Index included incorrect information from a source. RBS Sempra Energy Trading should be ranked 13th among pipeline capacity traders.

October 23, 2009

Midwest Utilities Stick to Procurement Script

Natural gas prices that some might describe as astronomically low and the unfolding of the North American shale gas story aren’t enough to dissuade the chief executives of at least two Midwestern utilities from their tried-and-true gas procurement strategies.

September 28, 2009
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