The Colorado Oil/Gas Conservation Commission (COGCC) has launched an online information source,Daily Activity Dashboard, that captures on a county-by-county basis oil and natural gas activity statewide. COGCC said the tool can locate information on pending permits, well status, production, well inspection data, violation notices, operator notifications and spills. It is being provided as a supplement to COGCC’s existing and extensive web-based data search tools, a spokesperson said.
Murray Energy Corp. has agreed to sell about 5,900 acres of its Utica Shale reserves in Belmont and Monroe counties, OH, for $63.6 million to an undisclosed buyer. Under the agreement, Murray would receive $48.6 million at the time of closing and two $7.5 million payments in 2017 and 2018. The company said it expects the deal to close in the coming weeks. Headquartered in Belmont County, Murray is the nation’s largest privately owned coal producer and it has been working with its lenders to stay solvent in a challenging coal market. The company said it would use the proceeds to pay down debt. Belmont and Monroe counties are among the Utica’s most heavily drilled regions.
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