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Officials with the New York Department of Environmental Conservation (DEC) said they plan to make an announcement Friday on the status of the state’s long-awaited environmental impact study on horizontal drilling and hydraulic fracturing (fracking) in the Marcellus Shale.

With time running out, New York officials say the Department of Environmental Conservation (DEC) is “working full-time” to complete its supplemental generic environmental impact statement (SGEIS) on hydraulic fracturing (fracking) by a Friday deadline.

As natural gas pipelines serving traditional long-line routes to market in North America have begun filing for new rate hikes in an attempt to make up for the load lost to locally delivered shale gas, fundamental market changes associated with the rate increases could affect basis differentials going forward, according to a new report from Evergreen, CO-based Bentek Energy.

Pennsylvania Gov. Tom Corbett on Monday signed into law amendments to the state’s 1984 Coal and Gas Resource Coordination Act, which will require natural gas drillers to coordinate their activities with active coal mine operations.

Shale gas plays and significant technological advances that allow their development helped drive the latest assessment of U.S. natural gas reserves by the Potential Gas Committee (PGC) to a new high.

National Fuel Gas Supply Corp. (Supply) and Empire Pipeline Inc. are holding two open seasons offering firm transportation capacity from the Marcellus Shale in central and southwestern Pennsylvania.

Members of the Marcellus Shale Coalition (MSC) already have begun to implement a set of proposed rules by the Pennsylvania Environmental Quality Board (EQB) that, when finalized, will govern how gas wells should be constructed, the executive director told Shale Daily on Thursday.

U.S. natural gas output is falling, but supply is no longer constrained, and this summer the U.S. gas market may see a big jump in liquefied natural gas (LNG) imports, which has created uncertainty about supply and demand both in the short- and long-term, energy analysts said last week.

With oil and natural gas production ramping back up offshore following Hurricane Ike’s visit last week, energy futures prices were headed lower Tuesday — albeit at much different paces. While October natural gas dropped 1.3%, or 9.5 cents, to $7.279, October crude shaved 4.8%, or $4.56, to close at $91.15/bbl.