Terms

In a year’s time, production from shale plays has gone from 6% of Calgary-based Talisman Energy Inc.’s North American gas production to 36%, the company said Tuesday.

In terms of oil/gas production or coal-fired generation, both of which it owns, Rapid City, SD-based Black Hills Corp. and its operating units in those areas are taking a wait and see attitude, according to CEO Dave Emery, who made the observation during a conference call with financial analysts last Friday.

The Senate has confirmed Cheryl A. LaFleur, a former executive vice president and acting CEO of National Grid USA, and current Commissioner Philip D. Moeller for terms at FERC. Both nominees were approved by the Senate Energy Committee last month (see NGI, May 10).

The Senate has confirmed Cheryl A. LaFleur, a former executive vice president and acting CEO of National Grid USA, and current Commissioner Philip D. Moeller for terms at FERC. Both nominees were approved by the Senate Energy Committee last month (see Daily GPI, May 7).

Petrohawk Energy Corp. said Monday it is partnering with Swift Energy Co. to develop Swift’s Eagle Ford Shale assets. Under the terms of the joint venture (JV), Petrohawk will pay Swift $26 million in cash up front and $13 million more to fund capital expenses (capex) for the first year.

Despite lower prices and demand destruction in the natural gas market, this year so far has been a “bumper year in terms of capacity release activity,” says the head of a Massachusetts-based company that tracks capacity release activity on more than 50 pipelines.

Despite lower prices and demand destruction in the natural gas market, the first eight months of this year have been a “bumper year in terms of capacity release activity,” says the head of a Massachusetts-based company that tracks capacity release activity on more than 50 pipelines.

NGS Energy and El Paso Corp. have signed a deal to develop a natural gas storage facility in Pinal County, AZ, the companies said Friday. Terms were not disclosed.

NGS Energy and El Paso Corp. have signed a deal to develop a natural gas storage facility in Pinal County, AZ, the companies said Friday. Terms were not disclosed.