Friday, November 27, 2009

Editorial: "Coming Months Crucial for State's Oil, Gas Industries"

Source: Anchorage Daily News

No actual substance, but a nice, supportive OpEd piece by Tim Bradner urging Alaskans to support the oil and gas (and pipeline) industries in the coming months as they do their best to put projects together.

When I read such pieces on the Internet, I find I'm just as drawn to the public comments as I am to the piece itself; it can provide a valuable (if inaccurate) insight into the mood of the public.

Friday, November 13, 2009

Pipeline Companies Release Reports

Source: ADN

No surprises in the reports released today by the two contending companies as the get set for their Open Seasons next year, though any report of ongoing activity is encouraging.

I like the way Denali proponents refer to the Energy Information Administration's optimistic forecast of shale gas potential. They say EIA forecasters don't "represent a consensus view of the market".

Tuesday, November 10, 2009

Canada's dirty oil needed on market: UN report

Canada's dirty oil needed on market: UN report (Calgary Herald)

I include this in my pipeline lineup because the Athabasca Tarsands is widely regarded to be the biggest market for Mackenzie Delta gas.

I'll admit, I'm not nuts about tarsands oil, if only for the spectacular amount of water it seems to take to liberate the oil. But we've got to be realistic here, we're not swearing off petroleum any time soon, and the tarsands is just about the world's largest source of the stuff...

Sunday, November 8, 2009

The coming natural gas boom is not all it's 'fracced' up to be

dailyfinance.com

Interesting, the skepticism that seems to be bubbling to the surface about shale gas plays. A few more interesting links can be found on AK Engineer's blog, too. The bottom line here is that shale gas is more expensive to find and produce than conventional gas, and that the wells may not stay productive very long.

That doesn't mean that shale gas is dead, but it may well mean that it's not the pipe-killer that many are trying to make it out to be...

Thursday, November 5, 2009

Alaska Pipeline Progress Report

Anchorage Daily News

The Alaska Dept. of Natural Resources released a glowing report the other day, that outlined progress on an Alaska Highway Natural Gas line on both the TCPL and Denali fronts. Nothing really new, except that Denali has apparently already spent over $100 million vs. TCPL's $18 million, though both are likely to have spend considerably more by the end of their "open seasons" next year.

Nice to see that TCPL has purchased office space in Anchorage, though...

Tuesday, November 3, 2009

Imperial CEO: "Still talking" to Canadian Feds

Source: Reuters

Yet another suggestion that last week's National Post item about the death of the Mackenzie Valley Gasline project may have been premature: Imperial Oil CEO Bruce March claims his company is still negotiating with the Canadian government on a fiscal framework on the project.

Now, there may indeed have been some substance to that NP piece, though it was vague on sources and didn't even specify which committee apparently declined to support the project, but that doesn't mean that this was the only avenue being pursued in providing that "fiscal framework".

I believe the National Post was irresponsible in its characterization of this story, and the facts seem to bear me out.