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North Dakota Touts $2.8B GTL Plant, with Construction Starting in 2023

North Dakota Touts $2.8B GTL Plant, with Construction Starting in 2023

North Dakota has approved initial support for a $2.8 billion gas-to-liquids (GTL) plant envisioned for Trenton in Williams County, in the heart of the Williston Basin. The North Dakota Development Fund (NDDF) is providing $3 million in initial development capital to project sponsor Cerilon GTL Inc., Gov. Doug Burgum’s office said. NDDF provides flexible funding…

October 19, 2021
Tech Innovations Boost Permian Oil and Natural Gas Productivity, EIA Says

Tech Innovations Boost Permian Oil and Natural Gas Productivity, EIA Says

Advanced technologies, such as longer lateral wells and multi-well pad drilling, are driving ongoing efficiencies and increased productivity in developing oil and natural gas resources in the prolific Permian Basin, the U.S. Energy Information Administration (EIA) said in a report Tuesday. The Permian, which spans West Texas and southeastern New Mexico, accounted for about 30%…

October 19, 2021
North American E&Ps Boosting Capex as Natural Gas, Oil Prices Soar, Says Halliburton CEO

North American E&Ps Boosting Capex as Natural Gas, Oil Prices Soar, Says Halliburton CEO

North America exploration and production (E&P) companies should increase their capital spending by 20% in 2022 as they lock up equipment and labor in an ever tightening global market, Halliburton Co. CEO Jeff Miller said Tuesday. The No. 1 completions expert in North America kicked off earnings season for the oilfield services sector in an…

October 19, 2021
AGA’s Latest Resource Estimate of 3,863 Tcf Underscores U.S. Natural Gas Bounty

AGA’s Latest Resource Estimate of 3,863 Tcf Underscores U.S. Natural Gas Bounty

The estimated natural gas resource base in the United States has reached an all-time high, the American Gas Association (AGA) reported Tuesday. During a virtual AGA event, the Potential Gas Committee (PGC) stated that its year-end 2020 technically recoverable gas resource estimate — that is, in the ground but not yet recovered — totals 3,368…

October 19, 2021
British Columbia’s FortisBC Resumes Renewable Natural Gas Marketing Program

British Columbia’s FortisBC Resumes Renewable Natural Gas Marketing Program

After a two-year pause to round up new supplies, British Columbia (BC) distribution firm FortisBC resumed as of Friday (Oct. 15) a renewable natural gas (RNG) marketing program that turned out to be a success since starting small in 2011. The organic gas program, a North American first when it began, fuels a mini-boom for…

October 19, 2021
Lower 48 Oil, Natural Gas Production to Rise in November as DUC Drawdown Continues

Lower 48 Oil, Natural Gas Production to Rise in November as DUC Drawdown Continues

U.S. onshore oil and natural gas production is set to rise from October to November, propelled by supply growth in the Permian Basin and Haynesville Shale, according to updated projections Monday from the U.S. Energy Information Administration (EIA). Natural gas production from seven key U.S. producing regions — the Anadarko, Appalachia and Permian basins, along…

October 18, 2021
California Court Strikes Down Monterey County’s Ban on New Oil, Gas Drilling

California Court Strikes Down Monterey County’s Ban on New Oil, Gas Drilling

A Northern California county has lost an appeal to curb oil and natural gas development following an appeals court ruling. Monterey County voters in November 2016 approved Measure Z, a ballot initiative to prohibit new drilling activities in unincorporated areas. San Ramon, CA-based Chevron Corp. and other producers then filed a lawsuit, arguing the county…

October 18, 2021
Texas Oil, Gas Permitting Continues Recovering and California Requests Rising

Texas Oil, Gas Permitting Continues Recovering and California Requests Rising

The monthly U.S. oil and gas permit count was nearly flat in September from August, with activity in the Eagle Ford Shale and some smaller Lower 48 plays offsetting declines in the Powder River and Permian basins, according to Evercore ISI. Each month the Evercore team compiles federal and state permitting data to note the…

October 18, 2021
Fewer Levers to Pull in Response to High Natural Gas Prices, Say Experts

Fewer Levers to Pull in Response to High Natural Gas Prices, Say Experts

The ability of North America’s natural gas market to respond to price spikes this winter may be limited on both the supply and demand sides of the equation, according to experts. In recent years, Lower 48 gas producers would typically respond to high prices by ramping up output. However, the response to the current price…

October 16, 2021
Vermilion Gains Certified Label for Some Canadian Natural Gas Supply

Vermilion Gains Certified Label for Some Canadian Natural Gas Supply

Calgary-based Vermilion Energy Inc. has become the third Canadian producer to earn an international eco-label for its natural gas. The independent also announced Wednesday an initial sale of certified gas sporting the ethical energy brand, created by New York City-based Equitable Origin, which is trademarked as EO100 Standard Certification. “As the energy transition progresses, we…

October 15, 2021
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