For the third time in less than three months, Gulfport Energy Corp. and Windsor Ohio LLC, an affiliate of Wexford Capital LP, have agreed to make a transaction in the Utica Shale, this time for net acreage and a higher working interest (WI).
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BLM Defers Disputed Colorado Parcels in Lease Sale
The Bureau of Land Management (BLM) is deferring 20,000 acres in Colorado’s North Fork Valley from an lease sale set for Thursday (Feb. 14). Another 88,000 acres elsewhere in the state will be part of the sale.
Florida to Get Additional Gas-Fired Generation
Duke Energy Corp. plans to add another natural gas-fired power plant to its fleet to replace its retired Crystal River Nuclear Plant in Citrus County, FL.
‘Marinating’ Utica Wells Improving Output, Economics
Utica Shale operators are discovering that with some patience and seasoning, estimated ultimate recoveries (EUR) for liquids reserves appear to move higher.
Consol Shifting Gears in Utica, From Exploration to Development
Consol Energy Inc. announced Friday that it would begin shifting its Utica Shale program in Noble County, OH, from exploration to development mode, after seeing encouraging results and data from its test wells and those of its competitors in the play.
AccuWeather: Cold Wave to Hit U.S. in Mid-January
So far, it looks like another mild winter is underway, but that is likely to change in a couple of weeks. A sudden warming of the stratosphere — six to 30 miles above the ground — in the North Pole is going to push cold air southward, according to AccuWeather.com.
AccuWeather: Cold Wave to Hit U.S. in Mid-January
So far, it looks like another mild winter is underway, but that is likely to change in a couple of weeks. A sudden warming of the stratosphere — six to 30 miles above the ground — in the North Pole is going to push cold air southward, according to AccuWeather.com.
Clean Energy Partners with Covanta Energy on CNG Fueling
The nascent market for compressed natural gas vehicles (CNG) took another step forward as Seal Beach, CA-based Clean Energy Fuels Corp., a natural gas vehicle (NGV) fuel supplier, said that it will construct up to seven CNG fueling stations at waste management facilities across the country capable of fueling 30 refuse trucks a day.
Statoil Buys Another 70,000 Net Acres in Marcellus
Norway’s Statoil ASA on Wednesday said it has snapped up another 70,000 net acres in liquids-rich areas of the Marcellus Shale for $590 million in cash. The portfolio additions, which give the producer full or joint partnership in close to 750,000 net acres in the play, are spread across West Virginia and Ohio.
BC Shales, Export Potential Forecast to Lift Canada Gas Market
Canada’s natural gas industry will see a difficult market over the next several years, marked by lower prices, falling production and a decline in exports to the United States, but unconventionals will turn around the economy once new export terminals are completed in British Columbia (BC), the Conference Board of Canada said Monday.