Accounted

ERCOT Preparing for More Gas-Fired Power

Last year, natural gas-fueled plants accounted for 57% of the generating capacity in the Electric Reliability Council of Texas (ERCOT) and more than 44% of energy use. As the reliance on gas-fired power grows, ERCOT is working with other organizations to protect against and prepare for a large-scale system-wide blackout.

July 29, 2013

Texas Production, Blacker and Wetter Still

Well permitting in Texas during January was up sharply from a year ago, as were well completions. December crude oil production was also up sharply compared with a year ago, but natural gas production slipped, according to the latest figures from the Railroad Commission of Texas (RRC).

February 28, 2013

New Brunswick Proposes Bevy of Oil, Gas Regulatory Changes

Officials in New Brunswick unveiled a list of more than 100 recommended changes to the province’s regulatory framework for oil and natural gas on Thursday, including tougher casing and cementing standards, increased water protections and substantially higher royalties.

May 21, 2012

Rex Kicks Off Ohio Utica Activity

Rex Energy Corp. recently spud it first Utica Shale well in Carroll County, OH.

April 17, 2012

Survey: Execs Confident Companies Are Safe From Cyber Attack

A survey conducted by the consulting firm PwC indicates that oil and gas industry executives are confident that their companies’ information security practices will provide protection from cyber attacks, despite poor intelligence of how and when future attacks could be mounted.

September 26, 2011

EIA: Processing Plants Responding to Shale Boom

As natural gas produced from shale plays gains a larger slice of the gas market pie and production from the Gulf of Mexico continues to diminish, gas processing infrastructure is increasingly being added in non-Gulf Coast areas, according to the Energy Information Administration (EIA).

September 20, 2011

Upstream M&A Deal Value Breaks Record

Upstream merger and acquisition (M&A) activity worldwide hit a record $107 billion in total asset deal value in 2010, which is 160% higher than in 2009, according to preliminary findings by research firm IHS.

January 10, 2011

North Dakota’s Bakken Shale Delivering — and Then Some

North Dakota’s oil patch accounted for less than 1% of total U.S. crude oil production three years ago, but today the state is pumping close to 6% of total crude output, thanks to the formidable Bakken-Three Forks shale region, the state’s Department of Mineral Resources (DMR) is reporting.

January 5, 2011

Upstream M&A Deal Value Breaks Record

Upstream merger and acquisition (M&A) activity worldwide hit a record $107 billion in total asset deal value in 2010, which is 160% higher than in 2009, according to preliminary findings by research firm IHS.

January 4, 2011

More Busts in Texas Energy Patch Theft Ring

The roundup of energy patch rustlers in North Texas continues with investigators now having accounted for more than $1 million worth of stolen petroleum products, according to the Wise County Sheriff’s Office.

January 3, 2011
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