For liquefied natural gas (LNG) producers looking for a market, the question from the United States is “how low can you go?” Well stocked with shale gas and other unconventional supplies, the U.S. can afford to spurn LNG imports unless the price is right.
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Consultant: LNG Will Need to Do Price Limbo to Get to the U.S.
For liquefied natural gas (LNG) producers looking for a market, the question from the United States is “how low can you go?” Well stocked with shale gas and other unconventional supplies, the U.S. can afford to spurn LNG imports unless the price is right.
Lower 48 Gasline in Doubt, Alaska Wrestles with Supplying its Own
Giving a nod to robust production growth from U.S. unconventional gas plays and depressed commodity prices, a new report out of Fairbanks, AK, raises doubts about the prospects of a long-haul pipeline to tap Alaskan North Slope gas for delivery to Lower 48 markets.
Falcon Storage Alums Launch New Midstream Venture
Four of Falcon Gas Storage Co.’s founders believe there’s more to be done to give natural gas a temporary home in a world of growing unconventional production, unpredictable liquefied natural gas (LNG) flows and demand fluctuations among power generators.
Report Casts Alaska Gasline Doubts, Notes In-State Supply Challenges
Giving a nod to robust production growth from U.S. unconventional gas plays and depressed commodity prices, a new report out of Fairbanks, AK, raises doubts about the prospects of a long-haul pipeline to tap Alaskan North Slope gas for delivery to Lower 48 markets.
Falcon Storage Founders Taking Flight with New Midstream Venture
Four of Falcon Gas Storage Co.’s founders believe there’s more to be done to give natural gas a temporary home in a world of growing unconventional production, unpredictable liquefied natural gas (LNG) flows and demand fluctuations among power generators.
Quicksilver Agrees to Buy Barnett Shale Assets for $1.3B
Fort Worth, TX-based producer Quicksilver Resources Inc. last Monday said it agreed to purchase producing, leasehold, royalty and midstream assets associated with the Barnett Shale formation in the Dallas/Fort Worth Metroplex area for $1.307 billion in cash and stock from various private parties, including Chief Resources LLC, Hillwood Oil & Gas LP and Collins and Young LLC.
CEGT Seeks Interest in Carthage to Perryville Pipeline Expansion
To keep up with increased production volumes coming out of the numerous unconventional plays in Texas and Louisiana, CenterPoint Energy subsidiary CenterPoint Energy Gas Transmission Co. (CEGT) is holding a nonbinding 31-day open season to gauge market interest in an additional expansion of its 1.5 Bcf/d, 42-inch Carthage to Perryville (Line CP) pipeline through looping and additional compression.
EnCana to Split into Separate Gas and Oil Companies
Calgary-based EnCana Corp. Sunday announced it was splitting into two separate companies — one a pure play in unconventional natural gas and the other an integrated oil company with some existing southern Alberta shallow gas. Given all the regulatory approvals, EnCana expects the new companies to be formed by early next year at a collective after-tax cost of “less than $300 million,” the company said.
Bentek: Gulf-Area Caverns Could be ‘Trough Trollers’
Growing gas production from unconventional basins in Texas, Oklahoma and Arkansas as well as the still-anticipated influx of large volumes of liquefied natural gas (LNG) on the Gulf Coast launched aggressive efforts by gas storage developers to expand existing and construct new facilities. Trouble is, according to one consultant, there may be more storage withdrawal capacity than there is pipeline capacity to handle it.