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Spectra Advances Northeast Gas Projects, Eyes Florida

Houston’s Spectra Energy has completed more than 70% of the New Jersey-New York natural gas pipeline expansion project, and services will launch later this year to carry critically needed supplies into one of the biggest service markets in the United States, CEO Greg Ebel told investors earlier this month.

May 13, 2013

Spectra Advances Northeast Gas Projects, Eyes Florida Expansion

Houston’s Spectra Energy has completed more than 70% of the New Jersey-New York natural gas pipeline expansion project, and services will launch later this year to carry critically needed supplies into one of the biggest service markets in the United States, CEO Greg Ebel told investors on Friday.

May 7, 2013

PDC Production Up on Wattenberg Play; Liquids Hit Record

Citing drilling and acquisitions it made last year in the Wattenberg field north of Denver, PDC Energy Inc. on Wednesday reported a 19% jump in production in the first quarter, compared with the same period last year, and record output of more than 10,000 b/d of liquids.

May 6, 2013

Pennsylvania, Shell Officials Say Due Diligence Continuing on Cracker

Contrary to a media report, there is no time frame for when a subsidiary of Royal Dutch Shell plc will make a decision over whether to build a proposed “world scale” ethane cracker in western Pennsylvania, state and company officials told NGI’s Shale Daily.

April 30, 2013
NOV: Weak Demand for Pressure Pumping in North America

NOV: Weak Demand for Pressure Pumping in North America

National Oilwell Varco Inc. (NOV) COO Clay Williams said Friday the company is facing “headwinds” in North America on weaker-than-expected demand for pressure pumping and equipment.

April 29, 2013

Alaska In-State NatGas Pipe, Oil Tax Bills Pass

During the last days of the legislative session, Alaska lawmakers passed one bill intended to revive the state’s declining oil production by cutting taxes, and another to advance development of an in-state pipeline that would commercialize North Slope natural gas reserves for use by Alaskans.

April 22, 2013

TexStar Acquires Eagle Ford Shale Pipeline

TexStar Midstream Services LP has acquired Tierra Pipeline LP from The Tierra Companies, and the companies said they have tentatively agreed on the sale of trucking operator Tierra Transportation to Black Creek Well Services, a TexStar sister company, with closing expected by July 1.

April 22, 2013

CSU Forecasters Expect More Tropical Storm Activity This Year

Forecasters at Colorado State University (CSU) expect the 2013 Atlantic hurricane season, which officially begins June 1, will have more activity than the median 1981-2010 season, with an estimated 18 named storms, including nine hurricanes, four of them major (Category 3 or higher) — significantly higher numbers than CSU predicted prior to the 2012 hurricane season (see Daily GPI, April 16, 2012).

April 11, 2013

Court Dings BLM for Failing to Assess Fracking Impact in Monterey

The federal Bureau of Land Management (BLM) did not give sufficient attention to the potential environmental impact from hydraulic fracturing (fracking) when it issued oil/gas leases for 2,500 acres two years ago, a judge in the U.S. District Court, Northern District of California, in San Jose ruled on Monday.

April 11, 2013

One-Dozen Shale Gas Innovators Recognized by SGICC

The Ben Franklin Shale Gas Innovation & Commercialization Center (SGICC) has named a dozen finalists in its annual Shale Gas Innovation Competition, which will award a total of $75,000 to three winners to be selected next month.

April 8, 2013