Available

Pennsylvania Gov. Tom Corbett on Wednesday added his voice to the chorus of state officials calling for construction of a petrochemical complex, including an ethane cracker, in Beaver County, PA.

The bloom has been off the dry gas rose for a while now, but the Fayetteville Shale continues to provide Arkansas with a bouquet of economic activity and job creation, according to a new study.

There are billions of dollars worth of assets on the market and “plenty of money” available to Dallas-based Exco Resources Inc. as it pursues several potential acquisitions in the gas market, Exco Resources Inc. CEO Doug Miller said during a conference call with analysts Wednesday.

Natural gas prices are going to stay low “for quite a while,” and producers are just going to have to deal with it; after all, it’s their fault, Southwestern Energy CEO Steven Mueller told a Houston audience Wednesday.

With at least two cities having passed ordinances banning hydraulic fracturing (fracking) until local rules for it can be established, state legislation has been proposed (SB 88) to reiterate that the Colorado Oil and Gas Conservation Commission (COGCC) has jurisdiction to oversee the practice by oil/gas exploration and production (E&P) companies.

President Obama’s fiscal 2013 budgets for the Environmental Protection Agency (EPA), Department of Energy (DOE) and Department of Interior (DOI) propose funding directed at assessing the impact of hydraulic fracturing (fracking) of shale.

North Dakota continues to set all-time records for oil and gas production based on the most recent statistics available as of the end of October, according to Lynn Helms, director of the state Industrial Commission’s Department of Mineral Resources (DMR). He noted that the oil and gas industry still plans to invest more than $3 billion in the state through 2013.

North Dakota continues to set all-time records for oil and gas production based on the most recent statistics available as of the end of October, according to Lynn Helms, director of the state Industrial Commission’s Department of Mineral Resources (DMR). He noted that the oil and gas industry still plans to invest more than $3 billion in the state through 2013.

Effective with Evening Cycle nominations (Cycle 2) for Wednesday’s gas day, Ruby Pipeline increased operationally available capacity for the Ruby West Constraint to 1,460 MMcf/d, which is the system’s total design capacity.