Although it recently dropped out of a Western Canada gas-to-liquids (GTL) project with Sasol Canada (see Shale Daily, June 29), Talisman Energy Inc. still foresees monetizing its Montney Shale reserves through “some form of conversion process,” CEO John Manzoni told financial analysts during an earnings conference call. Manzoni said the Montney resource is “big enough, it’s strategic enough, it’s material enough to be in some form of conversion process, which naturally now is more likely to be LNG [liquefied natural gas] then GTL, if that’s the case.” Multiple projects have been proposed to liquefy western Canadian gas and ship it to overseas markets (see Shale Daily, July 31). Manzoni alluded to the LNG projects and said, “…in the context of all of that, we are considering all options and continue to do so…for our Montney resource, how best to create the maximum value for Talisman at the right time for our Montney resource, which is very big and very strategic.”
Thermal
Articles from Thermal
FERC Data: Record Gas Trading Volumes in 2011
Total combined natural gas purchase and sales volumes reached 124,752 TBtu in 2011, a 2.5% increase compared with 121,682 TBtu in 2010, according to an analysis by Natural Gas Intelligence (NGI) of 2011 Form 552 filings with FERC.
West Virginia Continuing Ethane Cracker Quest
As West Virginia takes up the issue of Marcellus Shale regulatory reform, officials are also continuing their efforts to attract at least one thermal cracker facility to the state.
West Virginia Continues Quest for Ethane Cracker
As West Virginia takes up the issue of Marcellus Shale regulatory reform, officials are also continuing their efforts to attract at least one thermal cracker facility to the state.
Oilsands Projects to Cut Alberta Gas Exports
As a budding revival of oilsands development gathers steam, thermal production projects will burn up Alberta’s contribution to North American natural gas gluts, show new projections by the province’s Energy Resources Conservation Board (ERCB).
Alberta Oilsands Projects Likely to Reduce Gas Glut
As a budding revival of oilsands development gathers steam, thermal production projects will burn up Alberta’s contribution to North American natural gas gluts, show new projections by the province’s Energy Resources Conservation Board (ERCB).
Industry Briefs
Eagle Ford Gathering LLC, a joint venture (JV) of Kinder Morgan Energy Partners LP and Copano Energy LLC, has made a long-term agreement with Williams Partners LP to process Eagle Ford Shale production at Williams Partners’ Markham processing plant in Matagorda County, TX. The JV will construct a seven-mile, 20-inch diameter lateral to connect its previously announced crossover pipeline project to the Markham plant and install 3,400 hp of compression at a cost of about $27 million. The agreement will initially provide Eagle Ford Gathering with 100 MMcf/d of processing capacity at the Markham plant, with an option to increase capacity to up to 200 MMcf/d. “The new agreement augments the previously announced agreement with Formosa Hydrocarbons Co., [see Shale Daily, Feb. 7] resulting in up to 375 MMcf/d of total processing capacity through the crossover project,” said Duane Kokinda, president of Kinder Morgan’s intrastate pipeline group.
Canada Drawing More Heavily on Gas Supplies
Cold snaps, an accelerating switch in drilling targets to chase high oil prices and strong demand by Alberta thermal bitumen extraction projects are deflating Canada’s share in the North American natural gas surplus.
Canada Drawing More Heavily on Gas Supplies
Cold snaps, an accelerating switch in drilling targets to chase high oil prices and strong demand by Alberta thermal bitumen extraction projects are deflating Canada’s share in the North American natural gas surplus.
Canadian Oilsands Pull on Gas Continues
After tripling over the last 10 years, natural gas use by Alberta thermal oilsands production will nearly double again in the coming decade, predicts the province’s Energy Resources Conservation Board (ERCB).
