Some fourth-graders in New York state agree that they don’t want unconventional drilling using hydraulic fracturing (fracking) in their state, but they didn’t arrive at that conclusion because of biased messages in the classroom, said Southwestern Energy CEO Steve Mueller. They just don’t know that “natural gas is a true national treasure.”
York
Articles from York
Penn Virginia Grows Proved Oil, NGL Reserves
Six months after selling its Appalachian Basin portfolio to focus on the oily Eagle Ford Shale, Penn Virginia Corp. (PVA) said its operations in the latter were moving forward while proved reserves of oil and natural gas liquids (NGL) had increased during 2012.
Gasco’s Plan to Drill in Utah’s Uinta Basin Challenged
Four environmental groups have filed suit against the Interior Department’s Bureau of Land Management (BLM) seeking to reduce the amount of drilling approved for Gasco Energy Inc. in Utah’s remote Uinta Basin shale formation.
Bakken Helps Continental Nearly Double Its Proved Reserves
Continental Resources Inc. announced Wednesday that its proved reserves have nearly doubled, driven primarily by strong production growth in North Dakota and Montana’s portions of the Bakken Shale, and part from a legacy play in south-central Oklahoma.
Industry Briefs
The Federal Energy Regulatory Commission issued favorable environmental assessments (EA) for two Dominion Marcellus Shale-related projects in Pennsylvania and New York: the Tioga Area Expansion Project and the Sabinsville-to-Morrisville Project. Because they are in the same geographic region, FERC reviewed the projects in a single EA [CP12-19, CP12-20]. The Tioga Area Expansion, estimated to cost $67 million, calls for the construction of 15 miles of 24-inch diameter pipeline in Tioga County, PA, and minor modifications to several existing Dominion facilities to provide a total of up to 270,000 Dth/d of firm transportation. About 150,000 Dth/d of the capacity would be delivered to Leidy in north-central Pennsylvania at an existing interconnect with Transcontinental Pipe Line, while the remaining capacity would be delivered to a new interconnect with Texas Eastern Transmission at Dominion’s Crayne Compressor Station in Greene County, PA. The Sabinsville-to-Morrisville Project would allow Tennessee Gas Pipeline to move its receipt point from Dominion south from North Sheldon, NY, to Sabinsville, PA, in Tioga County. The project, which would cost an estimated $17 million, would provide up to 92,000 Dth/d to Tennessee.
Renewable Natural Gas Touted as Transport Fuel
Natural gas from organic waste is being endorsed as an alternative transportation fuel by New York City-based nonprofit Energy Vision (EV) and California technology firm CALSTART.
Dominion Marcellus Projects Get Environmental Nod
FERC Friday issued favorable environmental assessments (EA) for two Marcellus Shale-related projects in Pennsylvania and New York: the Tioga Area Expansion Project and the Sabinsville-to-Morrisville Project.
Shale’s Impact Prompts Effort to Synch NatGas, Electricity Markets
With production out of the nation’s shale plays holding down natural gas prices and electricity generation becoming ever more dependent on inexpensive gas, coordination between the two markets will continue to be a top priority and a series of other issues need to be resolved, according to panelists at the Energy Bar Association (EBA) Mid-Year conference in Washington, DC, Friday.
Harbinger Bets on Higher Gas Prices in Exco Deal
Dallas-based Exco Resources Inc. and New York-based holding company Harbinger Group Inc. (HGI) have formed a partnership to exploit Exco assets in East Texas, North Louisiana and West Texas in a deal worth $725 million. It gives HGI a foothold in energy that is also a bet on rising natural gas prices.
Harbinger Bets on Higher Gas Prices with Exco Deal
Dallas-based Exco Resources Inc. and New York-based holding company Harbinger Group Inc. (HGI) have formed a partnership to exploit Exco assets in East Texas, North Louisiana and West Texas in a deal worth $725 million. It gives HGI a foothold in energy that is also a bet on rising natural gas prices.