BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. The $6 billion development includes a new offshore platform and facilities designed to process up to 100,000 barrels of oil per day. The
Read More...U.S. LNG exports are key to balancing the U.S. natural gas market, according to Bernadette Johnson, vice president, market intelligence, for Drillinginfo Inc. “Natural gas production continues to reach record levels,” she told attendees at Hart Energy’s DUG Haynesville conference in February in Shreveport, La. Dry-gas production through year-end 2018 was 24.6 billion cubic feet
Read More...Jim WillisEditor & Publisher, Marcellus Drilling News (MDN) … American ingenuity and new technology now promises to produce both water and electricity from natural gas with zero CO2 emissions. What will fractivists do? Good old American ingenuity has done it again. A company in Oklahoma called Newpoint Gas has, using existing technology, developed a process to produce
Read More...As we have in previous years, MDN will not publish today (Friday) in observance of Good Friday and the Easter holiday. We hope you enjoy this blessed time of year! – Jim Willis, Editor Share this: This post appeared first on Marcellus Drilling News.
Read More...Tom ShepstoneShepstone Management Company, Inc. A video highlighting the support of New York City public housing leaders for the NESE project illustrates the gap between ordinary New Yorkers and elites. Too much of environmentalism is pure elitism. It elevates aesthetics above the needs of ordinary human beings for the basic necessities of human life.
Read More...Liquefied natural gas exporter Tellurian said Thursday the Federal Energy Regulatory Commission has issued the order granting authorization for Driftwood LNG, a proposed 27.6 million tonnes per annum (Mtpa) liquefaction export facility near Lake Charles, Louisiana. Also authorized was the associated Driftwood pipeline, a 96-mile proposed line delivering natural gas to the facility, Kallanish Energy
Read More...Venezuelan President Nicolas Maduro is moving cash from Venezuelan oil sales through Russian state energy giant Rosneft, as he looks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters. The sales are the latest sign of Venezuela’s growing dependence on Russia, as the U.S. tightens sanctions on Maduro,
Read More...Crude oil prices were slightly higher Thursday, as a drop in crude exports from Saudi Arabia and a drawdown in U.S. oil inventories supported prices, Kallanish Energy reports. U.S. West Texas Intermediate crude futures settled 24 cents higher at $64 per barrel. Brent crude futures rose 35 cents, or 0.5%, to $71.97/Bbl, near Wednesday’s five-month high of $72.27/Bbl.
Read More...Are you as a landowner receiving royalty checks and not fully understanding how the current trends and production figures mesh with your royalty payments? Do you have questions on how to interpret the information provided on your royalty stubs? Are you questioning how to manage your resources and invest wisely? Penn State Extension’s ‘Shale Royalties
Read More...Last weekend local municipal officials in British Columbia (B.C.) met for the annual meeting of the Association of Vancouver Island Coastal Communities (AVICC) and rejected a resolution put forward by the city of Victoria that would have asked the Union of British Columbia Municipalities (UBCM) to look into the possibility of a class action lawsuit
Read More...Despite recent efforts by anti-oil and gas activists and Green party members, the European Parliament voted not to strip ExxonMobil of its access badges to Parliament on Tuesday. According to reports, the parliament’s secretary general Klaus Welle “found no grounds to seek authorization to withdraw or deactivate ExxonMobil’s access badges, given the absence of formal
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. PA State Sen. Gene Yaw Over the years MDN has heard the oft-repeated comment that if New York and other states want to block new pipelines, maybe Pennsylvania should quit shipping its
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Kinder Morgan has left a string of broken promises about the date for which the first Elba Island (Georgia) LNG export plant “mini-train” will begin producing and shipping LNG. We’ve chronicled the
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Danny Barber, a NYCHA tenant leader who backs NESE pipeline project A prominent advocate for tenants who live in New York City Housing Authority (NYCHA) apartment buildings is speaking up to support
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A group of 22 anti-fossil fuel Democrat legislators from North Carolina’s Senate and House have sent a letter to the Federal Energy Regulatory Commission (FERC) asking FERC to cancel Dominion Energy’s 600-mile
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