Marcellus Shale-focused producers EQT Corp. and Range Resources Corp. both charted substantial reserves gains last year, and both had the Appalachian play to thank for much of their success.
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Enterprise Signs Up Chesapeake for Eagle Ford Services
Enterprise Products Partners LP has struck 10-year agreements to handle “a substantial portion” of Chesapeake Energy Corp.’s liquids-rich gas production in the Eagle Ford Shale in South Texas.
Montney Shale Operator Encouraged by Peace River Tests
A recent one-day retest of an Upper Montney Shale well in northeast British Columbia flowed at a rate of 8.9 MMcf/d, which further confirms a “large in-gas resource” at the Peach River Arch area, junior explorer Canada Energy Partners Inc. (CEP) said Monday.
PennFuture Keeping Severance Tax Pressure On
Pennsylvania lawmakers need to be held to their promise to pass “a substantial severance tax” on Marcellus Shale natural gas production, according to Citizens for Pennsylvania’s Future (PennFuture), which is planning a series of rallies across the state in support of a tax.
Analyst: It’ll Be Five Bucks and Then Some
As gas-fired power plants take up the slack for substantial retiring coal-fired generation and gas producers are able to back off from drilling merely to hold production, gas prices will get a lift, Credit Suisse Commodity Research Director Teri Viswanath told NGI Tuesday.
The Other Shoe: European Shale Gas
The hunt is on for shale gas in Europe and it’s likely to be successful with a “substantial impact on global gas markets,” according to a recent analyst’s report. That impact could come as early as 2015.
The Other Shoe: European Shale Gas
The hunt is on for shale gas in Europe and it’s likely to be successful with a “substantial impact on global gas markets,” according to a recent analyst’s report. That impact could come as early as 2015.
The Other Shoe: European Shale Gas
The hunt is on for shale gas in Europe and it’s likely to be successful with a “substantial impact on global gas markets,” according to a recent analyst’s report. That impact could come as early as 2015.
Integrys Completes Derisking of Energy Services Business
Integrys Energy Group Inc. has wrapped up its risk-reduction program for subsidiary Integrys Energy Services Inc. The company said Wednesday it expects to have divested “a substantial portion of its nonregulated business” by early in the second quarter.
Oregon OKs Avista Rate Case, But Gas Charges Drop
The Oregon Public Utilities Commission (PUC) Monday approved a small general rate increase for Spokane, WA-based Avista Utilities’ natural gas operations, but substantial decreases in wholesale gas costs will mean the net effect for residential customers is an average decrease in monthly bills of 13%, or about $10. All the rate changes resulting in the net decrease were effective last Sunday.