When Gov. Tom Corbett approved Act 13 last month, he gave county officials across the state 60 days to impose an annual fee on unconventional gas wells, or to opt-out. With five weeks until the April 14 deadline, almost all of the eligible counties are on the road toward imposing the fee, but the biggest potential hold-out also happens to be the most active county in the Marcellus Shale (see Daily GPI, Feb. 15).
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Shale’s Role Grows Substantially in Anadarko Portfolio
The stature of Anadarko Petroleum Corp.’s shale operations in the United States grew substantially last year, the company said. Going forward, emphasis at home will continue to be on shales and liquids-rich production.
Obama Takes Pro-Natural Gas Message on the Road
President Obama in his annual State of the Union speech for the first time issued a strong call for development of domestic natural gas and oil as part of “an all-out, all-of-the-above strategy that develops every available source of American energy.”
Obama’s State of the Union Supports Shale Gas Development
President Obama, in his annual State of the Union speech Tuesday night, for the first time issued a strong call for development of domestic natural gas and oil as part of “an all-out, all-of-the-above strategy that develops every available source of American energy.”
Obama’s State of the Union Focuses Energy on Natural Gas, Oil
President Obama in his annual State of the Union speech Tuesday night, for the first time issued a strong call for development of domestic natural gas and oil as part of “an all-out, all-of-the-above strategy that develops every available source of American energy.”
Apache Deal More than Doubles Liquids Acreage in Anadarko Basin
Apache Corp. is picking up 254,000 net acres in the Granite Wash, Tonkawa, Cleveland and Marmaton plays in Oklahoma and Texas with estimated proved reserves of 71.5 million boe through a $2.85 billion deal to acquire privately held Cordillera Energy Partners III LLC, the Houston-based company said Monday.
E&Ps to Target Unconventionals, Deepwater in 2012
Global exploration and production (E&P) spending is forecast to grow by about 9% this year, with U.S. money targeting unconventional and deepwater plays, according to a survey by the energy team at Dahlman Rose & Co.
E&Ps to Target Unconventionals, Deepwater in 2012
Global exploration and production (E&P) spending is forecast to grow by about 9% this year, with U.S. money targeting unconventional and deepwater plays, according to a survey by the energy team at Dahlman Rose & Co.
Anadarko, Noble See Huge Liquids Potential in the Rockies
Land that Anadarko Petroleum Corp. has long controlled in northern Colorado in the Wattenberg Field holds a huge liquids-rich resource potential of 500 million to 1.5 billion boe net, executives disclosed this week. Separately, Noble Energy Inc., which controls 400,000 net acres in the play, said Tuesday it has identified 1.3 billion boe of net risked resources with the potential for even more.
Shale Gas, Oil Creating New World Order, Says IHS CERA’s Yergin
IHS CERA chairman Daniel Yergin, whose expertise about all things energy has made him a go-to authority, said Tuesday the world’s energy supply and demand picture is less clear today than it was a year ago.