With shale gas the United States has an abundant natural resource that wasn’t on the industrial or economic development radar screen a mere five years ago. In other words, “a competitive edge is coming back to America,” Dow Chemical Co.’s Brian Ames told a Houston audience Monday.
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‘Tidal Wave Shift’ to Permian, Says Baker Hughes CEO
Baker Hughes Inc. CEO Martin Craighead said Tuesday the company sees a big expansion of oilfield services ahead in the Permian Basin, of late the mecca for operators looking for liquids-rich reserves in the old guard oil and gas formations.
Gas Capturing Bigger Share of Oil Market
Even with the “unlimited” money available to spend by oil and natural gas producers in the last five years, only gas has gained volume-wise on a global basis, which indicates gas, mostly in the form of liquefied natural gas (LNG) and gas-to-liquids products, will continue to take a bigger share of the market, a John S. Herold energy researcher said Friday.
Gas Expected to Take More Share of Oil Market
Even with the “unlimited” money available to spend by oil and natural gas producers in the last five years, only gas has gained volume-wise on a global basis, which indicates gas, mostly in the form of liquefied natural gas (LNG) and gas-to-liquids products, will continue to take a bigger share of the market, a John S. Herold energy researcher said Friday.
FERC’s Unlimited Retroactive Refunds May Undermine Competitive Market
While the Federal Energy Regulatory Commission chases the trail of some long-gone transaction in pursuit of retroactive refunds for a few consumers, it may be harming the many who depend on the efficient functioning of the competitive market, Duke Energy said in asking the Commission to narrow the window for challenges.
FERC’s Unlimited Retroactive Refunds Undermine Competitive Market
While the Federal Energy Regulatory Commission chases the trail of some long-gone transaction in pursuit of retroactive refunds for a few consumers, it may be harming the many who depend on the efficient functioning of the competitive market, Duke Energy said in asking the Commission to narrow the window for challenges.
SoCalGas: Growing FR Usage Threatens El Paso Reliability
Full requirements (FR) service for East of California customers, which gives them unlimited access to firm capacity at no additional demand charges, is a “significant contributing factor” to the shortfall of transportation capacity on El Paso Natural Gas, and the practice should be ended, says Southern California Gas (SoCalGas).
Producer Casts Cold Water on 30 Tcf Market
While U.S. natural gas resources appear virtually unlimited,that doesn’t necessarily mean the industry can ramp up productionto meet the oft-heralded 30 Tcf a year market projected to developover the next 15 to 20 years, according to a Chevron U.S.A.exploration manager.
Producer Casts Cold Water on 30 Tcf Market
While U.S. natural gas resources appear virtually unlimited,that doesn’t necessarily mean industry can ramp up production tomeet the oft-heralded 30 Tcf a year market projected to developover the next 15 to 20 years, according to a Chevron U.S.A.exploration manager.