360° Coverage : Marcellus Shale Gale Shifts Geography Of Natural Gas Supply And...

2 Updates
Marcellus Shale Gale Shifts Geography Of Natural Gas Supply And Demand

Marcellus Shale Gale Shifts Geography Of Natural Gas Supply And Demand

Jan 30 2014, 9:39pm CST | by

Natural gas production ticked up in the United States by about 1% last year, according to the U.S. Energy Information Administration. This modest growth masks massive changes in the geography of...

Filed under: news

 
 
 

30 weeks ago

Marcellus Shale Gale Shifts Geography Of Natural Gas Supply And Demand

Jan 30 2014, 9:39pm CST | by

Natural gas production ticked up in the United States by about 1% last year, according to the U.S. Energy Information Administration.

This modest growth masks massive changes in the geography of domestic gas production, which has strained operating conditions on at least one major interstate natural gas pipeline in the Northeast.

The primary pipelines that serve the Northeast originate in the Gulf Coast, which has historically been the primary U.S. producing region. As a result, natural gas has traditionally flowed from south to north.

That is changing and changing fast.

The abrupt decline of production at the Haynesville Shale formation in Texas has reduced the flow of gas from south to north. Meanwhile, the equally abrupt and dramatic production gains in Pennsylvania’s portion of the Marcellus has increased the flow of gas from north to south.

The reversal is happening so rapidly that Dominion Transmission, Inc. (DTI), a subsidiary of Richmond, VA-based Dominion that operates about 7,800 miles of pipeline in Pennsylvania and five other states, said it would begin restricting north to south gas deliveries in western Pennsylvania on its system beginning on February 1, 2014.

Flow patterns both affect and are affected by pipeline hydraulics, which can be difficult to manage during shifts in geographic centers of supply and demand.

Over the past three weeks, Dominion East Ohio has asked customers to conserve natural gas by lowering the settings on their thermostats and water heaters on multiple occasions. The request was made to avoid pressure drops from disrupting pipeline service during periods of extreme cold weather.

In addition to declining production levels in Louisiana and the Gulf of Mexico in recent years, the Haynesville Shale formation in Texas has experienced sudden and severe production declines.

By contrast, production has risen more rapidly than anyone had anticipated in the Marcellus Shale formation in Pennsylvania and West Virginia. The Marcellus region, which produced less than two billion cubic feet per day (Bcf/d) as recently as 2010, is projected to provide a stunning 18% of total U.S. natural gas production in February.

Pennsylvania has become an especially prodigious source of natural gas.

From 2011 to 2012, Pennsylvania’s marketed natural gas production grew by 72% and leaped from the seventh-largest to the third-largest marketed gas-producing state, according to the EIA’s Natural Gas Annual, 2012.

Production growth remained robust in 2013. And there is no sign of tapering anytime soon.

In the meantime, the flow of gas from south to north is likely to decline still more over the next two years as liquified natural gas exports increase and Mexican exports ramp up.

If it does and the Marcellus Shale sustains current production growth rates, the Northeast may start exporting gas to the Gulf Coast in a few years.

Source: Forbes Business

 
Update
2

2 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,000 by 30 per ce ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

3 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of t ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Nigeria to get Japanese drug for Ebola treatment
Abuja, Sep 2 (IANS) Nigeria will soon get a Japanese drug to treat Ebola, the country's Health Minister Onyebuchi Chukwu said Monday.
 
 
Japan to aid connectivity upgrade in northeast India
Tokyo, Sep 1 (IANS) India and Japan Monday decided to strengthen cooperation for improving connectivity and socio-economic development in northeastern states of India.
 
 
Three Ebola cases recorded in Nigeria oil hub
Abuja, Sep 1 (IANS) At least three cases of Ebola virus disease (EVD) have been recorded in Nigeria's oil hub of Port Harcourt, where a fatality was confirmed last week, the country's Minister of Health Onyebuchi Chukwu said here Monday.
 
 
India, Japan to elevate strategic partnership
Tokyo, Sep 1 (IANS) Prime Minister Narendra Modi Monday said relations with Japan were of the "highest priority" for his government and announced a slew of initiatives, including turning the strategic partnership into a "special" partnership and a fast-track channel for Japanese investors.
 
 
 

Latest from the Network

Lena Dunham condemns naked photo leak
Los Angeles, Sep 2 (IANS) Actress-writer Lena Dunham has condemned a mystery hacker who leaked nude photographs of celebrities, including actress Jennifer Lawrence. Lawrence hit headlines Sunday when intimate snaps of...
Read more on Celebrity Balla
 
Three children, teacher killed in China school stabbing
Beijing, Sep 2 (IANS) A stabbing spree in a Chinese school has left three children and a teacher dead Monday. Chen Yanfu, 43, who was upset that his daughter was not allowed to register at the school, rampaged through...
Read more on Politics Balla
 
Jennifer Aniston eases exercise regime
Los Angeles, Sep 2 (IANS) Actress Jennifer Aniston, who admits she's "eased up" her workout regime, says it's important to take time off from working hard in the gym to simply enjoy life sometimes. The 45-year-old,...
Read more on Celebrity Balla
 
Nigeria to get Japanese drug for Ebola treatment
Abuja, Sep 2 (IANS) Nigeria will soon get a Japanese drug to treat Ebola, the country's Health Minister Onyebuchi Chukwu said Monday. The drug named Favipiravir and developed by a subsidiary of Fujifilm Holdings in...
Read more on Business Balla
 
Miley Cyrus: The internet is more damaging than drugs
Miley Cyrus thinks the internet ''hurts your brain'' more than drugs. The 21-year-old singer believes social media - such as Facebook and Instagram - causes more damage to your mental health than smoking cannabis. She...
Read more on Celebrity Balla
 
Britney Spears in contact with ex-boyfriend from 6 years ago
Britney Spears is reportedly in contact with her ex-boyfriend from six years ago. The 'Piece of Me' hitmaker only split from her beau David Lucado last week after it emerged he'd allegedly cheated on her and now the...
Read more on Celebrity Balla
 
Joan Rivers may end up 'as a vegetable' or in 'wheelchair'
Joan Rivers' doctors fear she may end up ''as a vegetable'' or ''needing a wheelchair'' after she suffered a cardiac arrest last week. The 81-year-old comedienne's relatives are reportedly preparing themselves for the...
Read more on Celebrity Balla
 
Kate Upton will 'pursue anyone' who shares naked photos of her
Kate Upton's lawyer will ''pursue anyone'' who shares naked pictures of her. Nude photographs of the 22-year-old model were reportedly leaked online after her mobile phone's online storage system iCloud was allegedly...
Read more on Celebrity Balla
 
'Ukrainian conflict has escalated into war'
Kiev, Sep 1 (IANS) Ukrainian Defence Minister Valeriy Geletey Monday said the conflict in eastern Ukraine between government troops and pro-independence insurgents has escalated into a "war". "A great war came at our...
Read more on Politics Balla
 
IS slogan found on school walls in Saudi Arabia
Riyadh, Sep 1 (IANS) Slogans praising Sunni militant group Islamic State (IS) were found on the walls of some schools in the Saudi Arabia capital following Saudi King Abdullah bin Abdulaziz's call for coordinated...
Read more on Politics Balla