Researchers at Purdue University have developed a series of patents designed to convert natural gas from shale/tight formations to liquid fuels including gasoline and diesel using a two-step process.
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BLM Ends Challenge to Reinstating Montana Oil, Gas Leases
The Trump administration has voluntarily dropped its appeal of a federal district court’s decision to reinstate two oil and gas leases in the Badger-Two Medicine region of the Lewis and Clark National Forest in northwestern Montana.
Empire Petroleum Acquires Bakken Assets for $5.6M
A subsidiary of Tulsa-based Empire Petroleum Corp. has acquired producing oil and natural gas assets in the Bakken Shale in Montana and North Dakota for $5.6 million.
Massachusetts Rules Set Timetable for LDCs to Fix Major Natural Gas Leaks
New regulations in Massachusetts, which received input from several local distribution companies (LDC), would require the utilities to repair some of the most severe underground pipeline leaks within two or three years.
New Mexico, Oklahoma Lease Sale Brings in $15M
The Interior Department’s Bureau of Land Management (BLM) said it received more than $15 million in revenue from an oil and gas lease sale held last week for parcels in the New Mexico portion of the Permian Basin and in Oklahoma.
Judge Rejects Trump Executive Order on Arctic, Atlantic Offshore Leasing
A federal district court judge in Alaska last Friday ruled an executive order (EO) issued by President Trump in 2017 opening areas of the Arctic and Atlantic oceans to oil and gas leasing was “unlawful and invalid,” and ordered the areas closed to leasing.
Oklahoma Reportedly Lost $1.5B in Oil, Gas Revenue During Downturn
A slowdown in oil and gas activity in Oklahoma between late 2014 and late 2016 created a $1.5 billion, or 15.4%, loss in total state tax revenue, according to a report released last month by the State Chamber of Oklahoma.
Piceance Drilling Plans Violated NEPA, Court Rules
The Bureau of Land Management (BLM) violated the National Environmental Policy Act (NEPA) by not taking a hard look at the indirect impacts from onshore oil and natural gas production when it approved drilling on nearly 20,000 acres in the Piceance Basin, a federal judge in Colorado ruled Wednesday.
FERC Grants Two Orders, Denies One for Permian Crude Expansions
FERC granted orders for two crude oil expansion projects in the Permian Basin proposed by subsidiaries of EnLink Midstream LLC, but denied an order to a unit of Enterprise Products Partners LP for a similar expansion on concerns with that project’s open season.
Florida Lawmakers Move to Ban Unconventional Drilling
Florida lawmakers have advanced a pair of bills designed to prohibit hydraulic fracturing, which is used in unconventional drilling.