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Texas Production Grows with Half of Country’s Land Rigs

Texas Production Grows with Half of Country’s Land Rigs

About half of the active land drilling rigs in the United States are drilling in Texas, home of red hot oil plays in the Permian Basin and Eagle Ford Shale. Based on preliminary Railroad Commission of Texas (RRC) production figures for August, production of oil and gas in the state are up from year-ago levels.

October 31, 2013

EIA: New Marcellus Capacity to Keep New England Waiting

Multiple pipeline expansions expected to come online between now and 2015 in the Northeast will take more gas out of the Marcellus Shale, but they won’t do much to alleviate winter price spikes in New England, according to the Energy Information Administration (EIA).

October 30, 2013
Marcellus Takeaway Capacity Significantly Increasing On Friday

Marcellus Takeaway Capacity Significantly Increasing On Friday

Beginning Friday, New Jersey and New York customers on Williams’ Transcontinental Gas Pipe Line (Transco), for the first time on a large scale will have direct access to Marcellus Shale natural gas in their own backyards, thanks to the second phase of Transco’s Northeast Supply Link.

October 30, 2013

Appalachia Driving GreenHunter Water Handling Growth

Water resources company GreenHunter Resources Inc., which serves oil and gas shale producers, said company-wide volume of fluids handled during the third quarter was up 130% compared with a year ago.

October 29, 2013

ICE Planning Gas Storage-Based Futures Contract

IntercontinentalExchange (ICE) is betting the market will find value in trading a futures contract based upon changes in the Energy Information Administration’s (EIA) weekly natural gas storage reports.

October 29, 2013

Sandell Pushes Harder for DCP Changes Amid Midstream Dealing

Recent deals in the midstream master limited partnership (MLP) arena have moved activist shareholder Sandell Asset Management to press harder for a new strategy for DCP Midstream LLC (DCP) that he recently proposed.

October 28, 2013

Marcellus to Sit on Boardwalk Rates Again Next Year

The Marcellus Shale continues to make its presence felt, not just in the Northeast but also down south in the Gulf Coast region where Boardwalk Pipeline Partners LP continues to see its pipeline capacity discounted by a market awash in gas.

October 28, 2013

Containerized LNG Cutting Puerto Rico Power Costs

Commercial and industrial customers of Crowley Maritime Corp.’s Carib Energy unit in Puerto Rico soon could be enjoying lower energy costs, thanks to cheap liquefied natural gas (LNG) delivered via container from the mainland United States. But savings for prospective customers in Central and South America and the Caribbean are being delayed by the U.S. Department of Energy (DOE).

October 25, 2013
Pioneer Selling Alaska Unit to Focus on West Texas

Pioneer Selling Alaska Unit to Focus on West Texas

Pioneer Natural Resources Co., the first independent producer to ply Alaska’s North Slope, is selling its Alaska business unit to focus on West Texas.

October 25, 2013

Injection Wells Thought Behind Oklahoma Quaking

Since the beginning of 2009, Central Oklahoma has experienced a substantial increase in seismic activity, too much to be random, researchers think. Drilling wastewater disposal in injection wells is a likely contributing factor, they said.

October 25, 2013