In The News

Friday, 11/08/2013

(Platts Gas Daily - November 7, 2013) EIA report not your father’s production model (By: Jim Magill)

The Drilling Productivity Report covers the Marcellus, Haynesville, Eagle Ford, Bakken and Niobrara shales, as well as the Permian Basin. It includes metrics on new-well production, legacy production, projected month-over-month output changes and total field production.

EIA touts the report as a key piece in a multi-faceted puzzle that drillers, analysts and investors need these days to model their...

Thursday, 10/31/2013

(NPR – October 28, 2013) Trains Gain Steam In Race To Transport Crude Oil In The U.S. (By: Jackie Northam)

On a quiet fall morning in the Delaware countryside, a lone sustained whistle pierces the air. Within moments, a train sweeps around a broad curve, its two heavy locomotives hauling dozens of white, cylindrical rail cars, loaded with 70,000 barrels of crude oil.

It's a scene playing out with growing frequency across the United States and Canada. The U.S. is awash in oil, due in large part to advances in drilling techniques such as hydraulic fracturing...

Friday, 10/25/2013

(The Wall Street Journal – October 18, 2013) Shell's Pennsylvania Plans Remain Dormant (By: Ben Lefebvre)

When Royal Dutch Shell unveiled plans early last year to build a multi-billion-dollar petrochemical plant outside of Philadelphia, the company saw it as a smart way to exploit the boom in natural gas coming from the region's Marcellus Shale formation.

The plant would turn ethane, which is a liquid produced alongside natural gas and oil, into ethylene, a chemical used to make plastics. Annual global demand for plastics is expected to rise by half by...

Monday, 10/21/2013

(The Advocate – October 20, 2013) BASF, Yara eyeing Gulf Coast for ammonia plant (By: Ted Griggs)

Chemical giants BASF and Yara are talking about building “a world-scale ammonia plant” on the Gulf Coast, although few other details are available.

BASF, the world’s largest chemical company, uses ammonia in its United States manufacturing facilities. Oslo-based Yara, which has a global fertilizer network, is looking to strengthen its U.S. presence.

BASF spokesman John Schmidt said the joint project, if it happens, would be the first between BASF and...

Friday, 10/18/2013

(SNL – October 18, 2013) EPA carbon rule to remove last impediment to 'building a lot of new gas plants'

Rule seen as confirming gas' future role

The EPA's rule also is noteworthy for the gas industry in that it sets a new source performance standard for natural gas-fired plants that is clearly "more than achievable" through the use of combined-cycle technology, said Rick Smead, managing director of advisory...