Alone

El Paso Corp. has decided to go it alone in developing its profitable Eagle Ford Shale acreage and has scuttled plans to take on a joint venture (JV) partner.

Marathon Oil Corp., which has announced plans to spin off its integrated assets and become a stand-alone explorer, on Wednesday said it plans to increase its capital spending in 2011 to develop existing projects and exploit new resources, including onshore in North America.

Marathon Oil Corp., which has announced plans to spin off its integrated assets and become a stand-alone explorer, on Wednesday said it plans to increase its capital spending in 2011 to develop existing projects and exploit new resources, including onshore in North America.

Anadarko Petroleum Corp. has 100 wells, “maybe a few more,” in the Marcellus Shale alone that are not completed or tied in as they await infrastructure, a company executive said Tuesday.

Producers will save up to C$170 million (US$160 million) due to the first step alone in a planned series of reforms to Alberta natural gas and oilfield regulation, the provincial energy department predicts.

Producers will save up to C$170 million (US$160 million) due to the first step alone in a planned series of reforms to Alberta natural gas and oilfield regulation, the provincial energy department predicts.

Sen. Jeff Bingaman (D-NM), chairman of the Senate Energy and Natural Resources Committee, is expected to introduce stand-alone legislation early this week that will call for the comprehensive restructuring of the embattled Minerals Management Service (MMS).

The risk of a winter weather “reset” on natural gas storage supplies has come in higher and sooner than forecast, and that alone could meaningfully swing the North American gas market in 2010, Barclays Capital analysts said this week.

XTO Energy Inc. is taking no prisoners in its quest for more oil and natural gas reserves. The independent, which this year alone has already announced more than $4 billion in U.S. acquisitions, agreed Tuesday to pay $4.186 billion for privately held Hunt Petroleum Corp.