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.
2010
Articles from 2010
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).
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.
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).
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.
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.
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.
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.
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.
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.