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2010

ZaZa Energy, Hess End Eagle Ford and France JV

ZaZa Energy Corp. and Hess Corp. have ended a joint venture (JV) agreement they made in 2010 for activities in the Eagle Ford Shale in South Texas and the Paris Basin in France. ZaZa is taking over the Eagle Ford activities while Hess will hold the exploration licenses in France.

June 13, 2012

Shale Plays Continue to Drive Up U.S. Production, EIA Says

Strong growth in the total marketed production of natural gas last year — an estimated increase of 4.8 Bcf/d (7.9%) compared with 2010 — was driven in large part by increases in shale gas production, according to the Energy Information Administration (EIA).

May 9, 2012

San Bruno ‘Closure’ Coming, But PG&E Still Faces Criticism, Says CEO

The CEO of Pacific Gas and Electric Co. (PG&E) told financial analysts Wednesday that “closure” is coming for the fatal natural pipeline tragedy in San Bruno, CA, in September 2010, but before it is reached the combination utility will be subjected to more public scrutiny.

May 3, 2012

CSU Forecasters Expect ‘Reduced’ Atlantic Hurricane Activity

The 2012 Atlantic hurricane season, which officially begins June 1, will have “reduced activity” compared with 1981-2010 averages, according to forecasters at Colorado State University (CSU).

April 16, 2012

Quiet Atlantic Hurricane Season to Follow Record Winter Warmth

The 2012 Atlantic hurricane season, which officially begins June 1, will have “reduced activity” compared with 1981-2010 averages, according to forecasters at Colorado State University (CSU). A quiet hurricane season could provide some solace to the nation’s energy interests, which saw relatively warm weather crush demand and prices last winter.

April 16, 2012

Colorado Water Fracking Sensitivity Spills Over in Auction

Although some farming and environmental representatives have raised red flags, water used by the oil/gas industry in hydraulic fracturing (fracking) is not going to cause shortages for the agriculture and local municipalities in the state, a state water district official told NGI’s Shale Daily Monday.

April 10, 2012

Pennsylvania DEP Removes Obstacle to Recycling Drilling Wastewater

The Pennsylvania Department of Environmental Protection (DEP) is consolidating three of its wastewater permits to encourage liquid waste recycling from oil and natural gas drilling, and to reduce water withdrawals.

March 23, 2012

Production Boom Flattening, Except in Marcellus

Last year saw an increase in domestic gas production of 4.3 Bcf/d, or 7.5%, over 2010, marking the largest year-over-year production jump in the last 25 years, according to Bentek Energy LLC.

March 15, 2012

Production Cuts: Marcellus Didn’t Get the Memo

Last year saw an increase in domestic gas production of 4.3 Bcf/d, or 7.5%, over 2010, marking the largest year-over-year production jump in the last 25 years, according to Bentek Energy LLC.

March 15, 2012

IHS CERAWeek: Shale Stimulating U.S. Economy

The shale gas industry contributed $76.8 billion to U.S. gross domestic product (GDP) and supported more than 600,000 jobs in 2010, but that’s just the tip of the iceberg, according to a report issued Wednesday by the World Economic Forum (WEF) at IHS CERAWeek 2012 in Houston.

March 8, 2012
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