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EIA Issues Round-up of Natural Gas Pipeline, Storage Projects

The Energy Information Administration (EIA) Thursday posted on its website a survey of proposed new inter- and intrastate natural gas pipeline and storage projects, which it plans to update quarterly.

May 14, 2012

Pennsylvania PUC Finalizes Act 13 Impact Fee Procedures

The Pennsylvania Public Utility Commission (PUC) on Thursday finalized how the new unconventional natural gas drilling impact fee for Marcellus Shale operators enacted under Act 13, will be imposed, implemented and collected, but because of pending litigation, rules that govern oil and gas operations were not addressed.

May 11, 2012

Nebraska DEQ Gets Keystone XL Pipe Route Alternatives

The Nebraska Department of Environmental Quality (DEQ) said Thursday it has begun looking at alternative routes for the proposed Keystone XL oil pipeline suggested by its sponsor, Alberta-based TransCanada Corp. This means the start of a public hearing process by DEQ.

April 23, 2012

ExxonMobil Deal Gives Rosneft Access to North America

Russia’s OAO Rosneft will put its boots and drilling crews on the ground in the United States and Canada through several partnership agreements completed with ExxonMobil Corp. on Monday.

April 17, 2012

Noble Energy, Stone Energy Agree to More Risk Disclosures

Noble Energy Inc. and Stone Energy Corp. have agreed to make additional disclosures of how they are managing the risks associated with hydraulic fracturing (fracking), an investment manager organization said Thursday.

March 12, 2012

Industry Briefs

Led by increases of 9% (0.37 Bcf/d) in the Federal Offshore Gulf of Mexico and 1.9% (0.37 Bcf/d) in other states, natural gas production in the Lower 48 states increased 1.4% (0.96 Bcf/d) in October compared with the previous month, according to the Energy Information Administration (EIA). The increases were partially explained by wells coming back online that had been shut-in due to Tropical Storm Lee and drilling activity in the Marcellus Shale play, according to EIA’s Monthly Natural Gas Production Report. Offshore production, which has also have suffered from the moratorium on drilling there that followed the blowout of BP plc’s Macondo well (see see NGI, April 26, 2010), remains well below year-ago levels. Gross production from the Federal Offshore Gulf of Mexico was 4.49 Bcf/d in October, a nearly 25% decline from 5.95 Bcf/d in the year-ago period, according to EIA. Overall, U.S. production climbed 1.3% (1.05 Bcf/d) in October from September to 80.10 Bcf/d and were up 6.4% (4.85 Bcf/d) from the year-ago period, according to EIA. Wyoming posted a gain of 2.9% (0.19 Bcf/d); Alaska climbed 1.0% (0.09 Bcf/d); Texas was up 0.5% (0.12 Bcf/d); and Oklahoma remained unchanged at 5.37%. At the same time, Louisiana experienced a 0.7% decline (minus 0.06 Bcf/d) and New Mexico posted a decline of 0.8% (0.03 Bcf/d).

January 2, 2012

Northeast Plunges Lead Dips at Nearly All Points

Generally moderating forecasts for Friday that had The Weather Channel’s website asking “Late December…or Fall?” in its daily headline Thursday were a factor in Northeast quotes joining the softening trend that had begun on the previous day in the rest of the market. A small prior-day futures loss contributed a bit to downturns by all but a couple of trading locations.

December 30, 2011

IPAA: Natural Gas Plant Liquids Grew Since 2008

The Independent Petroleum Association of America (IPAA) said Thursday production of natural gas plant liquids (NGPL) — which includes ethane, propane, butane and lease condensate — has increased substantially over the last three years.

July 26, 2011

IEA Sees Shale-Gilded Golden Age for Gas

Unconventional gas supplies around the world, particularly those from shale basins, “may hold the key to expanding the long-term role of gas in the global energy mix,” the International Energy Agency (IEA) said in a new report released Monday.

June 8, 2011

New Pennsylvania Rules Coordinate Gas Drilling, Coal Mining Activities

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.

May 17, 2011