Archive for the ‘Tight Gas’ Category
The US oil and gas drilling rig count jumped 15 units to 539 during the week ended Oct. 14, according to Baker Hughes Inc. data.
SemGroup reaches FID for Wapati sour gas plant
October 12th, 2016 by Latest News
Calgary-based SemCAMS ULC, a subsidiary of SemGroup Corp., Tulsa, has taken a final investment decision (FID) to proceed with its previously announced plan to build the proposed Wapiti sour gas processing plant to serve Montney producers in the Wapiti …
TAEP: Texas upstream economy contracted in August for 21st straight month
October 7th, 2016 by Latest News
The upstream oil and gas economy in Texas contracted in August for the 21st consecutive month, according to the Texas Alliance of Energy Producers’ Texas Petro Index (TPI).
WoodMac: Tight gas output triples in Argentina’s Neuquen basin, but costs still vary
August 17th, 2016 by Latest News
A large shift to tight gas production in Argentina’s Neuquen basin is being driven by pricing incentives and lower costs vs. shale gas wells. However, at current costs, only the best tight gas wells break even at the incentivized $7.50/MMbtu gas price, according to analysis from research and consultancy firm Wood Mackenzie Ltd.
Shell advances Appalachian petrochemical project
June 7th, 2016 by Latest News
Royal Dutch Shell PLC subsidiary Shell Chemical Appalachia LLC has taken final investment decision to build a grassroots petrochemical complex about 30 miles northwest of Pittsburgh that will produce ethylene and polyethylene (PE) from low-cost Marcell…
Abundant US natural gas supplies have strengthened manufacturing significantly, but major investments will be needed in pipelines and other systems to meet future demand for gas to generate power and keep manufacturers strong, a study commissioned by t…
The US and Canada will require an average $26 billion/year, or $546 billion from 2015 to 2035, to build new natural gas, crude oil, and natural gas liquids infrastructure, a study commissioned by the INGAA Foundation Inc. concluded.
Ineos AG, Rolle, Switzerland, has completed operational trials for the planned restart of a previously shuttered second manufacturing unit at its gas-cracking operations in Grangemouth, Scotland.
Linn Energy LLC said in a Mar. 15 filing with the US Securities and Exchange Commission that its current financial state is such that bankruptcy may become “unavoidable.”
Lower fossil fuel prices could affect CCS substantially, speaker says
March 9th, 2016 by Latest News
A wider spread between fossil fuel and renewable energy prices could create both opportunities and challenges beyond enhanced oil recovery (EOR) for carbon capture and storage (CCS) proponents, the executive director of the North American Carbon Captur…