Global Natural Gas Prospects Alliance

Welcome to GNGPA viewing the prospects of exploration for the next sources of energy that will meet the demands of the USA and around the world. This is a time for natural gas, wind, solar energy, and alternative energy sources.  With new technology, and energy developers able to use it, the push to look for energy continues, and the stakes are high.

GNGPA site formats with a mobile theme for the Apple iPhone / iPod Touch, Google Android and other touch-based smartphones, Classic Mobile Phones. No special software required we do all the work. Anyone can “JOIN”

Pennsylvania Wants to Tax Marcellus Shale Gas at 5%

HARRISBURG (Reuters) — Energy companies drilling for natural gas in
Pennsylvania’s Marcellus Shale would have to pay a wellhead tax of more than
5 percent under a proposal unveiled on Tuesday by Governor Ed Rendell.

Rendell wants to charge drillers 5 percent of the value of gas at the
wellhead plus 4.7 cents per 1,000 cubic feet of gas taken from the ground,
starting July 1. The plan would raise $160.7 million in the first year and
$1.8 billion over five years.

The “severance” tax is modeled on that used in West Virginia, where gas
production rose 20 percent from 2002 to 2007, indicating that the tax is no
deterrent to development, Rendell said.

The tax proposal must pass the state legislature and could face opposition
in the Senate, which is controlled by the Republicans. The Democrats control
the lower house.

Energy Transfer Partners to Buy Haynesville Shale Assets

NEW YORK (Dow Jones) — Energy Transfer Partners LP (ETP) said Wednesday it
has agreed to buy natural-gas gathering and treating assets in Louisiana’s
Haynesville Shale from Tristate Midstream LP, a company owned by Dallas
private equity firm Energy Spectrum.

The deal is the latest in a string of asset acquisitions related to
shale-rock formations. Gas extracted from these reservoirs has driven a boom
in domestic U.S. gas supplies over the past few years. In December, Exxon
Mobil Corp. (XOM) agreed to acquire shale-gas producer XTO Energy Inc. (XTO)
for $31 billion.

Under the terms of its agreement with Tristate Midstream, Energy Transfer
will acquire Tristate North Louisiana Midstream and TSM Treating, which own
a 120-mile gas gathering system in Louisiana with a capacity of 275 million
cubic feet a day. Energy Transfer will also purchase natural gas treating
facilities with a 480 mcf/d capacity. Financial terms weren’t disclosed.

The gathering network will connect to several interstate and intrastate
pipelines, including Energy Transfer’s planned Tiger Pipeline. That
pipeline, expected to enter service in 2011, will connect the Haynesville
Shale to the Carthage Hub gas interconnection point in East Texas.

Petrohawk Doubles Proved Hydrocarbon Reserves

HOUSTON (Dow Jones)–Petrohawk Energy Corp. doubled its proved hydrocarbon
reserves to 2.75 trillion cubic feet of natural gas equivalent in 2009 by
tapping into emerging shale gas fields, the company said Monday.

The Houston company added in proved reserves nearly 10 times the amount of
oil and gas it produced. Most of the additions took place in the
Haynesville, Eagle Ford and Fayetteville shales, where it is drilling for
gas trapped in tight rock formations.

Petrohawk produced about 183 billion cubic feet equivalent of oil and gas in
2009, the company said in a statement.

Average output in the fourth quarter reached 598 million cubic feet
equivalent a day, 28 million cubic feet equivalent a day above its guidance
and an 81% increase from the same period in 2008.

Sources: [8]Reuters [9]WSJ [10]WSJ

Governor Paterson this does not make any sense to out of work American New York Citizens. Prison inmates hired, taking jobs from American Citizens in New York.

American Citizens express outrage that law abiding Americans are not being employed. It is disappointing that our government has so little concern for it’s citizens that they would put convicted criminals ahead of out of work law abiding citizens who need jobs, and families who need jobs.

Where is the transparency, who made the decision? Get involved and tell your government this was poor decision. Read Article

Pennsylvania generates tens of thousands of jobs 2009 from energy developers claiming their piece of the Marcellus Shale natural gas rush. 2010 is estimated to bring tens of thousands more in jobs. Many trades are required for the Marcellus Shale riches to be harvested for market. New York State is waiting, still waiting for Marcellus drilling permits to be granted. Read Article

Exxon Mobil to buy XTO energy in big U.S. gas bet.
Read Article

News Feed: President Obama appoints new coordinator of natural gas.

News Feed: Study Finds Existing U.S. Natural Gas Supply Extends Into the 22nd Century

NYSDEC The draft Supplemental Generic Environmental Impact Statement (SGEIS) pdf is available. How will this impact the gas drillling in New York.

The Marcellus Shale gas is here, where are the developers?

If drilling takes place on a PA landowners property, and includes a NY landowners property in the unit. Who has jurisdiction DEP or the DEC when there is a problem? If you have a comment register and post.

Have you been offered a natural gas lease, pipeline easement, wind turbine lease, water lease, electric lease, right of way offer, any energy prospect offer OR know of any post the details here on this page.

A huge win for the advancement of energy future on natural gas, and natural gas vehicle boosters this came early this week when the House overwhelmingly approved H.R. 1835 its portion of the so-called NAT GAS Act. The bill would authorize $30 million a year for the next five years for research and development, increase and extend tax credits for buying natural gas vehicles, and offer a suite of tax credits and other incentives to expand natural gas refueling capacity and push government vehicle fleets toward alternatives. There’s only one direction that gas prices can go over the coming year, and that’s up.
That in turn could position the United States natural gas possibilities namely the Marcellus Shale giant natural gas formation landowners in a very desirable gas leasing position.

According to the EIA, the United States imported approximately 4 Tcf of natural gas in 2008. As expected, nearly all of our imports (approximately 90%), were shipped from Canadian pipelines. Canadian production is not looking too good even the new plays can pose infrastructure considerations. Practically all of Canadian natural gas is produced from the Western Canadian Sedimentary Basin. Production in the WSCB, however, peaked back in 2001 at approximately 16 Bcf per day.

A new natural gas drilling consideration between Fortuna Energy Inc., and Pennsylvania Friendsville Group and some New York landowners included could be the beginning of gas deals between associations, coalitions, and groups all wanting to lease their land. Friendsville gas considerations appears to be amiable between the group landowners and Fortuna Energy Inc., energy development.

bill_H_R_1835

windsornygaslease.com Petition to Hon. Alexander B. Grannis, NYSDEC on the GEIS was delivered 09/14/09. If and when a reply is received will be posted, congratulations to all the participants for expressing an opinion on the Environmental Impact Statement regarding energy development and natural gas drilling in New York.

Will peoples opinions be heard? Time will tell the New York DEC is to release the GEIS on September 25, 2009.