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West Virginia Gives Farmers a Break, Declines to Assess Wellpads

The West Virginia Department of Revenue (DOR) has decided not to assign assessed value to oil and natural gas wellpad sites in the state, heeding the advice of a special committee of county assessors that doing so would pose a hardship to farmers who own surface, but not mineral, rights to their land.

October 26, 2012

Yergin: Unconventionals Creating ‘New Energy Reality’ for U.S.

The energy outlook in the United States has “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said in a new report.

October 25, 2012
Unconventionals Are a Huge U.S. Job Creator, Says IHS

Unconventionals Are a Huge U.S. Job Creator, Says IHS

The U.S. energy outlook is “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said Tuesday.

October 24, 2012

Tundra Energy, CN Plan Bakken Crude Oil Terminal

Tundra Energy Marketing Ltd. and CN, Canada’s national railway company, have signed a memorandum of understanding to build a crude oil car loading terminal in southwestern Manitoba, near the border with Saskatchewan, to serve Bakken oil producers in the two provinces, the companies said Thursday.

October 22, 2012

FERC Urged to Consider Competing Alternatives to Constitution Pipeline

The U.S. Fish and Wildlife Service (FWS) has made an unusual filing at FERC, calling on the Commission to review and approve or reject the proposed Constitution Pipeline because there already are a number of competing pipeline projects to carry Marcellus Shale gas to New York.

October 9, 2012

Natural Gas Gives U.S. Global Edge, Says Study

Higher U.S. manufacturing exports may add up to five million jobs by the end of the decade as manufacturers shift production from Europe and Japan to take advantage of lower domestic costs, including lower natural gas costs, according to The Boston Consulting Group (BCG).

September 24, 2012

Natural Gas Giving U.S. A Global Edge, Says Study

Higher U.S. manufacturing exports may add up to five million jobs by the end of the decade as manufacturers shift production from Europe and Japan to take advantage of lower domestic costs, including lower natural gas costs, according to The Boston Consulting Group (BCG).

September 24, 2012

EIA: Hurricane Isaac Was No Friend to Gas Processing

Hurricane Isaac caused considerable disruption to natural gas processing infrastructure along the Gulf Coast, although it had a negligible effect on natural gas prices because of ample onshore production and surplus storage, the Energy Information Administration said Thursday.

September 14, 2012

EIA: Heat, Prices Drive Up Summer Gas Demand in Power Generation

Natural gas use in power generation has risen significantly this summer because of weather-driven demand for air conditioning and rock-bottom natural gas prices, the Energy Information Administration (EIA) said.

September 11, 2012

Chesapeake Puts Cana Woodford Properties on Market

Chesapeake Energy Corp. is selling legacy properties in the Cana Woodford Shale, including the rights to 298 producing wells, “because it does not have the drilling budget to adequately develop the abundant additional opportunities in the area,” according to a sales listing. Ninety-eight percent of the leases are held by production.

September 4, 2012
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