Annually

EQT Midstream Partners LP agreed to pay up to $650 million for Appalachian-focused Sunrise Partners LP and a new transportation agreement, the company said Monday.

The West Virginia Department of Environmental Protection (DEP) has told key state legislators that no additional requirements are needed to protect the air quality from horizontal oil and gas drilling.

Under its statewide program dispersing more than $100 million annually, the California Energy Commission (CEC) Wednesday directed more than $44 million to boost the alternative transportation fuel sector. It included $18 million to expand hydrogen fueling for future fuel cell transportation and another $4.8 million for 19 natural gas and propane transportation projects.

The Pennsylvania Public Utility Commission (PUC) said Thursday that localities affected by oil and gas drilling in 2012 will collectively receive $102.7 million from impact fee revenue generated by Act 13, the state’s omnibus Marcellus Shale law.

Natural gas producers in Pennsylvania have paid most of the $202.7 million owed under the drilling impact fee enacted under Act 13, the state’s omnibus Marcellus Shale law.

After a decade of steady decline, natural gas demand in California is forecast to grow annually, albeit slowly, during the next 10 to 15 years, an updated statewide report to the state legislature says.

EOG Resources Inc. said it now holds 2.2 billion boe of potential recoverable crude oil reserves in the Eagle Ford Shale — reportedly the largest share net to one company in the last 40 years — and plans to continue focusing on oil production in 2013, after posting large increases in oil, condensate and natural gas liquids (NGL) production the year before.

Net production among all the major U.S. natural gas production basins will grow at a rate of better than 1% annually, or 2 Bcf/year, through 2020, according to a new report by Calgary, Alberta-based consultant Ziff Energy Group. The report, released last Monday, looks at 17 major gas-producing areas, including the Gulf of Mexico (GOM).

Net production among all the major U.S. natural gas production basins will grow at a rate of better than 1% annually, or 2 Bcf/year, through 2020, according to a report by Calgary-based consultant Ziff Energy Group. The report looked at 17 major gas-producing areas, including the Gulf of Mexico (GOM).