from Natural Gas Intelligence Apr 14, 2008
With natural gas storage at the end of the winter heating season considerably lower than expected, the natural gas bears at Raymond James & Associates Inc. have switched sides and are again running with the bulls through 2008. Two other energy analysts also raised their gas price forecasts through the rest of the year.( more )
 

from Natural Gas Intelligence Mar 31, 2008
Could the Haynesville Shale in northwestern Louisiana hold more natural gas reserves than the Barnett Shale? Chesapeake Energy Corp. CEO Aubrey McClendon said last week the Louisiana acreage may have a larger impact on the company than any other play in its history, including its Texas and Arkansas holdings in the Barnett and the Fayetteville shales.( more )
 

from Natural Gas Intelligence Mar 31, 2008
Could the Haynesville Shale in northwestern Louisiana hold more natural gas reserves than the Barnett Shale? Chesapeake Energy Corp. CEO Aubrey McClendon said last week the Louisiana acreage may have a larger impact on the company than any other play in its history, including its Texas and Arkansas holdings in the Barnett and the Fayetteville shales.( more )
 

from Natural Gas Intelligence Mar 17, 2008
ExxonMobil Corp., the largest holder of Alaska North Slope gas reserves, has reportedly told the state it "plans to be a co-owner" in a pipeline to commercialize those reserves to the extent of its share of the system's throughput.( more )
 

from Natural Gas Intelligence Apr 28, 2008
Sempra Energy is gearing up for the June 30 launch of a major operational overhaul of its Southern California natural gas transmission and storage system. The new system -- six years in the making and including a bid-based market for firm pipeline access rights (FAR) and off-system deliveries (OFF) -- is designed to provide more flexibility, reliability and a new citygate pricing point. ( more )
 

from Natural Gas Intelligence Apr 21, 2008
While some believe natural gas prices have been dragged higher by $100/bbl oil or pushed up by supply shortfalls, these factors don't explain the step-change gas prices have experienced. Higher full-cycle gas production costs -- due particularly to greater reliance on unconventional supply basins -- have driven the prices all gas consumers pay to a new level, one where they're bound to stay, a ConocoPhillips executive told NGI.( more )
 

from Natural Gas Intelligence Apr 14, 2008
New York Gov. David Paterson said Thursday that he opposes construction of Broadwater Energy LLC's controversial floating liquefied natural gas (LNG) project and associated pipeline in the middle of Long Island Sound, saying "privatizing open water would be fundamentally wrong," and issuing an executive order to establish a planning board to find alternatives.( more )
 

from Natural Gas Intelligence Apr 14, 2008
The U.S. Atlantic basin will likely experience a well above-average hurricane season this year and odds are nearly even that a major hurricane will make landfall on the Gulf Coast, according to weather forecasters at Colorado State University (CSU).( more )
 

from Natural Gas Intelligence Apr 14, 2008
The deepwater Gulf of Mexico Independence Hub natural gas platform and the associated Independence Trail pipeline were closed last Wednesday after a leak was discovered in the pipe, according to Enterprise Products Partners LP, which owns 80% of the production platform and 100% of the pipeline. The company gave a one-to-four week timeline for repairs.( more )
 

from Natural Gas Intelligence Apr 14, 2008
While many in Alaska and elsewhere have harbored doubts that the Alaska Gasline Inducement Act (AGIA) would yield a viable proposal for a pipeline to commercialize the state's vast gas reserves, last week two of the three major North Slope producers joined hands and stepped up to the task. Their gasline gambit has stirred new optimism that a pipeline might actually get built.( more )