-- Underground coal gasification proposed for Oklahoma Clean Global Energy Ltd. intends to purchase an existing Farrell Cooper Mining Co. coal mine and supply syngas generated from underground coal gasification to AES Corp.'s Shady Point power station, near Panama, Okla.
-- US rig count at 2-year high US drilling activity increased by 26 rotary rigs to 1,713 working this week, marking the first time since 2008 that the US weekly rig count has exceeded 1,700 units.
-- Shale gas supply expected to keep US prices low in 2011 While another year of price distress awaits US producers of natural gas from shale reservoirs, technology has lowered breakeven thresholds of important plays, speakers said at an industry conference in Houston.
-- Santos to develop Wortel gas field off Java Santos Ltd. has given the thumbs up with a final investment decision approving the development of the Wortel natural gas project off Madura Island in the Sampang production-sharing contract in east Javanese waters, Indonesia.
-- Associations back IOGCC-GWPC frac-fluid registry plan Three trade associations representing natural gas producers endorsed the Interstate Oil & Gas Compact Commission and Groundwater Protection Council’s joint effort to create a state-based public registry of hydraulic fracturing fluid ingredients.
-- Statoil lets contract for Asgard subsea gas compression Statoil awarded Aker Solutions a 3.4 billion kroner contract, contingent on a final investment decision to be made in first-quarter 2011, to design and construct the Asgard subsea gas compression system for recovering additional gas from Midgard and Mikkel fields, off Norway.