Tight

Voser on Shale: The Revolution Should Be Exported

Voser on Shale: The Revolution Should Be Exported

America’s “shale revolution,” combined with increased Gulf of Mexico oil production, the potential for major deposits in the Arctic, and growth in tight and heavy oil, including oilsands, makes North America’s energy picture much brighter than it was not that long ago, Royal Dutch Shell plc CEO Peter Voser said recently at the Chief Executives Club of Boston.

March 28, 2013
EIA: Pennsylvania’s NatGas Production Rose 69% Despite Less Drilling

EIA: Pennsylvania’s NatGas Production Rose 69% Despite Less Drilling

The U.S. Energy Information Administration (EIA) said natural gas production in Pennsylvania increased 69% in 2012, despite a reduction in drilling activity.

March 22, 2013

Lockheed Technology Takes on LNG

Promising economic multipliers from Louisiana’s tight bond with natural gas, defense and space giant Lockheed Martin said last Tuesday it plans to transfer its nearly four decades of experience building space shuttle tanks to the expanding use of liquefied natural gas (LNG) for storage and transportation.

March 18, 2013

Lockheed Brings Space, Defense Technology to LNG

Promising economic multipliers from Louisiana’s tight bond with natural gas, defense and space giant Lockheed Martin said Tuesday it plans to transfer its nearly four decades of building space shuttle tanks to the expanding use of liquefied natural gas (LNG) for storage and transportation.

March 14, 2013
Pennsylvania Shale Gas Production Exceeded 2 Tcf in 2012

Pennsylvania Shale Gas Production Exceeded 2 Tcf in 2012

Natural gas production from unconventional sources in Pennsylvania hit a record 2.04 Tcf in 2012, as the state’s Marcellus/Utica shale gas for the first time edged ahead of the granddaddy Barnett Shale in Texas.

March 6, 2013

Futures Trades Made Prior to Storage Report Draw Attention

The Commodity Futures Trading Commission (CFTC) is remaining tight lipped about a reported examination of Nymex natural gas futures trades made in advance of the Energy Information Administration’s (EIA) Feb. 7 storage report for the week ending Feb. 1.

February 25, 2013

Futures Trades Made Prior to Storage Report Draw Attention

The Commodity Futures Trading Commission (CFTC) is remaining tight lipped about a reported examination of Nymex natural gas futures trades made in advance of the Energy Information Administration’s (EIA) Feb. 7 storage report for the week ending Feb. 1.

February 21, 2013

ConocoPhillips, Sinopec to Explore China’s Sichuan Basin

ConocoPhillips has entered into an agreement with China Petrochemical Corp., a state-owned company also known as Sinopec Group, to perform a study of unconventional oil and natural gas resources in China’s Sichuan Basin.

December 27, 2012

Gas-Dependent ISO-NE Looks to Oil, Coal to Lessen Operational Risk

New England’s reliance on natural gas to fuel power generators “could create operational challenges if natural gas supplies become tight this winter,” which would force the region to turn to oil- coal-fired generation “to lessen any operational risks” to the power system, according to a winter forecast issued Tuesday by ISO New England Inc. (ISO-NE).

December 5, 2012

Pennsylvania DEP Issues Disclaimer After Production Data Hiccups

Following a few reporting snafus in its biannual oil and natural gas production report released in August, the Pennsylvania Department of Environmental Protection (DEP) has added a click-through disclaimer notice on the Marcellus Shale production section of its website noting that the agency “expressly disclaims any liability for errors or omissions related to the production data” contained within the reports.

November 15, 2012