Ironically, the oil and natural gas industry’s recent focus on shale plays, which was made possible by technological breakthroughs, has prompted more recent innovations, according to Jonathan Lewis, Halliburton senior vice president, drilling & evaluation.
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API, Pennsylvania Producers Join in Marcellus Education Effort
The American Petroleum Institute (API) has allied with the Pennsylvania Independent Oil and Gas Association (PIOGA) in a partnership to serve as a forum for information about the Marcellus Shale.
New Pennsylvania DEP Team, First Energy Executive Tapped
Three experienced state energy officials were selected by Pennsylvania Gov.-elect Tom Corbett on Tuesday to helm the Department of Environmental Protection (DEP) and another was tapped as the state’s first Energy Executive.
Operators May Be Able to Upload Fracking Data in Days
Natural Gas producers may be able to upload their data on fluids used in the hydraulic fracturing (fracking) in a day or two to www.hydraulicfracturingdisclosure.org, provided that they have created a login, said Mike Nickolaus, special projects director for the Ground Water Protection Council (GWPC).
Hunt Power, Investors Set Up Gas and Power Infrastructure REITs
Some big names in energy and finance have found a new way to invest in the U.S. natural gas and power industries, putting together $2.1 billion to tap into the infrastructure side of the business through real estate investment trusts (REIT).
Hunt Power, Investors Set Up Gas and Power Infrastructure REITs
Some big names in energy and finance have found a new way to invest in the U.S. natural gas and power industries, putting together $2.1 billion to tap into the infrastructure side of the business through real estate investment trusts (REIT).
South Texas Processing ‘Super System’ In the Works
Southern Union Co.’s Trunkline Gas Co. has signed a precedent agreement with DCP Midstream LLC to provide long-term, firm transportation service for liquids-rich gas. DCP Midstream will be the anchor shipper on a modified portion of the Trunkline system in South Texas focusing on Eagle Ford Shale production.
Marcellus Gas Already Displacing Traditional Supplies
With production more than doubling in less than a year, Marcellus Shale gas already is displacing pipeline flows from the west, an energy analyst said last week.
Negotiations Fail to Produce Pennsylvania Gas Tax Bill
Despite three days of meetings that brought together members of both chambers and both sides of the aisle in Pennsylvania’s General Assembly, along with representatives from the gas industry, agreement on a proposed natural gas severance tax bill remained elusive, and the state’s Senate ended its last scheduled work day before the Nov. 2 election without voting on the legislation.
Futures Direction Debated as October Tests $4
The October natural gas futures contract strung together its third consecutive higher regular session close on Tuesday after testing resistance at the $4 price level. The prompt month reached a high of $4.020 before closing the day at $3.966, up 2.8 cents from Monday’s finish.