shale

Eagle Ford Gathering LLC, a 50/50 joint venture between Kinder Morgan Energy Partners, LP and Copano Energy, LLC announced two long-term agreements to provide transportation, processing and fractionation services to Petrohawk Energy Corp. and Rosetta Resources Operating LP, an affiliate of Rosetta Resources Inc., two of the leading operators in the Eagle Ford Shale play in South Texas.

A report by the Scranton Times Tribune found that the natural gas industry spent more than $3.5 million last year to lobby lawmakers and state officials on issues concerning Marcellus Shale gas extraction.

Ziff Energy has released a report that analyses the costs for new natural gas transportation infrastructure in the seven North America shale gas regions: Marcellus, Eagle Ford, Haynesville, Barnett, Woodford, Fayetteville, and Horn River.

Sometimes it’s hard to know when bad news is really a blessing in disguise, at least for some.

Shell has announced plans to dump its 11.4% stake in the proposed Mackenzie natural gas production and pipeline project, thus dealing another crippling, if not fatal, blow to the long-discussed northern Canada venture.

Kinder Morgan Energy Partners LP is now considering reversing its Rockies Express Pipeline, acknowledging that with plenty of natural gas along the East Coast, the pipeline may better serve customers in the West.

The Energy Information Agency (EIA) has released a report estimating the volumes of gas and oil recoverable from shale plays in the 48 contiguous United States: about 750 trillion cubic feet of gas, and 24 billion barrels of oil.

Chevron, the second-largest U.S. oil company, added 228,000 acres in the Marcellus shale in May to follow up on its $3.2 billion acquisition of Atlas Energy, which gave Chevron its first big stake in the northeastern field.

Korean Gas Corp., the world's biggest LNG purchaser, is buying into a northeastern B.C. shale gas play in a move that proponents say promises to accelerate LNG exports to Asia.

While predicting that U.S. natural gas prices will reach $6 per million Btus by 2015, Goldman Sachs analysts projected they will average just $4.25 in the near term as new shale gas continues to flow into the market.

On July 28, the Environmental Protection Agency (EPA) issued a draft of new air quality rules for oil and natural gas applications, including processing plants and wells using hydraulic fracturing. The draft had not yet been entered into the federal record, but were available for review and announced upcoming public hearing meetings in Dallas, Pittsburgh and Denver.

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