Natural gas production from the Permian Basin climbed in September by 0.2 Bcf/d to 8.8 Bcf/d, eclipsing gas output from the Haynesville and Eagle Ford shales, the Federal Reserve Board of Dallas said Thursday.
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Natural Gas Expanding Global Distributed Generation Market
Natural gas generation sets (gensets) are becoming more popular for distributed power generation installations and could surpass 13 GW of capacity worldwide by 2018, according to Navigant Research.
Challenges Foreseen to Boost Gas Demand by 2030
Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.
Substantial Natural Gas Growth by 2030, But Much Work Remains
Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.
Analysis: U.S. Gas Prices May Surpass $8 by 2020
U.S. natural gas prices are set to rise beyond current market expectations, climbing by about 50% between 2011 and 2020, or 4% per year, to surpass $8/MMBtu, according to a report by the Deloitte Center for Energy Solutions.
U.S. Gas Prices to Surpass $8 by 2020, Says Analysis
U.S. natural gas prices are set to rise beyond current market expectations, climbing by about 50% between 2011 and 2020, or 4% per year, to surpass $8/MMBtu, according to a new report by the Deloitte Center for Energy Solutions.
SM Energy Raises Spending; Analysts Note Efficiency
SM Energy Co. raised its guidance for 2011 and introduced plans for 2012 that surpass what analysts were expecting as company executives emphasized a sharpened focus on the Eagle Ford Shale in South Texas.
SM Energy Raises Spending; Analysts Note Efficiency
SM Energy Co. raised its guidance for 2011 and introduced plans for 2012 that surpass what analysts were expecting as company executives emphasized a sharpened focus on the Eagle Ford Shale in South Texas.
Pennsylvania Congressman Favors Exporting Shale Gas
Rep. Glenn “GT” Thompson (R-PA) said he supports exporting surplus Marcellus Shale gas to China and other countries that do not have free trade agreements with the U.S., and also backs the concept of exporting liquefied natural gas (LNG) from a port in Maryland.
More Call for Testing Radium Levels in Drilling Wastewater
Whether wastewater from natural gas drilling sites will be more extensively analyzed for radiation levels still is an unknown, but some Pennsylvania water systems don’t plan to wait and will step up radiological tests, officials said this week.