West Texas explorer Approach Resources Inc. has realigned its executive team, including replacing Chairman and CEO J. Ross Craft.
Articles from Approach
RCW Energy Serviceshas expanded its water-transfer business serving the Eagle Ford and other shale plays. The company opened an office in Pleasanton, TX, south of San Antonio, to the Eagle Ford and another office in Midland, TX, to serve the Permian Basin. Besides these two plays, RCW serves the Haynesville Shale.
Approach Resources Inc. is selling its 50% interest in an oil pipeline system in the southern Midland Basin for proceeds of $108 million.
Sen. Ron Wyden (D-OR), the incoming chairman of the Senate Energy and Natural Resources Committee, believes the nation should take a careful approach to exporting liquefied natural gas (LNG), and endorses sharing federal revenues to develop offshore oil and natural gas with coastal states.
Sen. Ron Wyden (D-OR), the incoming chairman of the Senate Energy and Natural Resources Committee, believes the nation should take a careful approach to exporting liquefied natural gas (LNG), and endorses the sharing of federal revenues from the development of offshore oil and natural gas with coastal states.
In a report that aired Sunday, CBS News said New York’s Department of Environmental Conservation (DEC) will make an announcement sometime after Sept. 3 that high-volume hydraulic fracturing (HVHF) will be allowed to move forward in the state, ending a four-year wait and an effective moratorium on the practice.
Pennsylvania’s Marcellus Shale natural gas drilling declined nearly 7% in the first five months of this year from the same period of 2011 in part as operators began moving from dry gas to wetter targets, according to data from the state Department of Environmental Protection (DEP).
A study of data from the Pennsylvania Department of Environmental Protection (DEP) that showed the percentage of wells with pollution events has declined, thanks at least in part to the state’s regulation of hydraulic fracturing (fracking), was not “peer-reviewed,” as it was originally described, according to an editor’s note issued since the study’s release.
The administration’s multi-agency approach to hydraulic fracturing (fracking) studies and the appearance of mission-creep is causing confusion within the oil and natural gas industry, according to some critics on Capitol Hill.