Tulsa, OK-based Oneok Inc.’s Elk Creek natural gas liquids (NGL) pipeline could rapidly bring gas flaring in the Bakken formation under control once it ramps up to full capacity, company executives said on a conference call Wednesday.
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Southwestern Restoring Fresh Water Amid Conservation Concerns
Appalachian pure-play Southwestern Energy Co.’s various water conservation projects returned 10 billion gallons of fresh water to the environment in 2019.
Haynesville Holds ‘At Least’ 10 Years of Drilling at $2/MMBtu, Says DTE
DTE Energy CEO during a third quarter conference call Monday touted the company’s recent midstream acquisition in the Haynesville Shale, claiming its “extremely strong” resources hold “at least 10 years of drilling available at sub $2/MMBtu prices.”
EDF’s Methane-Tracking Satellite to Deploy in 2022
Environmental Defense Fund (EDF) subsidiary MethaneSAT LLC, which is developing a satellite system to track emissions initially from oil and natural gas operations, should launch in early 2022, a year later than previously anticipated, said Senior Vice President Mark Brownstein.
North Dakota Considering Petrochemical Plants to Reduce Bakken’s Flared Natural Gas
The North Dakota Industrial Commission plans to analyze the composition of natural gas liquids (NGL) produced in the state to weigh the feasibility of building petrochemical plants to help reduce flared and wasted natural gas from Bakken Shale production.
Streamlined Pipeline Shipping Rules Eyed for North Dakota E&Ps
The North Dakota Industrial Committee (NDIC) plans to hold a public hearing in November to evaluate changes to pipeline shipping statutes to streamline how oil and gas producers contract firm shipping capacity.
Basalt to Acquire Third Coast’s Gas Transmission Business
A fund managed by New York-based Basalt Infrastructure Partners II GP Ltd. has agreed to acquire Houston-based Third Coast Midstream LLC’s natural gas transmission business for an undisclosed amount.
Ballot Initiative to Raise Oil, Gas Taxes Moves Ahead in Alaska
Alaska Lt. Gov. Kevin Meyer certified a ballot initiative last week that would end certain tax credits for oil and natural gas production in the state’s most prolific regions, and effectively increase tax rates.
Stricter Colorado Oil, Gas Drilling Rules Expected Following New Health Study
The Colorado Oil and Gas Conservation Commission (COGCC) plans to bolster oil and natural gas drilling regulations in response to a health study by the Colorado Department of Public Health and Environment (CDPHE).
AI Raising Drone Game in Oil, Gas but FAA Challenges Remain
Breakthroughs in drone technology aimed at oil and gas companies, such as advanced integration of artificial intelligence (AI), have added urgency to the fight for regulatory gains with the Federal Aviation Administration (FAA).