Become

ISO-NE Renews Concerns About Growing Dependance on NatGas

Over the past 10 years natural gas has become the predominant fuel used to generate electricity in New England, a shift that has “provided clear economic benefits” for the region, but has also created “serious reliability threats to the bulk power system,” according to Gordon van Welie, CEO of ISO New England Inc. (ISO-NE).

March 21, 2013
Hess Actions ‘Dramatically Short,’ Says Shareholder

Hess Actions ‘Dramatically Short,’ Says Shareholder

Hess Corp., which is facing a shareholder revolt for a perceived lack of focus and crony-heavy board, on Monday said it would become a pure-play exploration and production (E&P) company. The plan involves fully exiting the downstream business, selling Bakken Shale midstream, and bringing aboard six new independent directors.

March 5, 2013
WPX: Piceance Results May Double 3P Reserves

WPX: Piceance Results May Double 3P Reserves

WPX Energy Inc. said its first horizontal test well targeting the Niobrara formation in western Colorado’s Piceance Basin has produced encouraging results, with the potential of more than doubling its proved, probable and possible (3P) reserves.

January 25, 2013

Nova Poised to Supply Corunna Cracker with Marcellus Ethane

After a year of jumping through regulatory hoops, Canada’s biggest and oldest petrochemical complex, Nova Chemicals, is poised to become a U.S. export customer of unconventional gas and liquids.

January 14, 2013

Nova Chemicals Sourcing Marcellus Ethane for Sarnia Complex

After a year of jumping through regulatory hoops, Canada’s biggest and oldest petrochemical complex is poised to become a customer for exports of U.S. shale gas and liquids production.

January 14, 2013

Report: Fracking Oversight to Grow in States, Lessen for Feds

State oversight of hydraulic fracturing (fracking) will become more robust while federal oversight diminishes, according to a report released Thursday by a Houston-based law firm examining the legal and regulatory ramifications for fracking nationally.

January 7, 2013

GreenHunter Grows South Texas Water Services Business

GreenHunter Water LLC has acquired two oilfield water service and construction companies operating in the Eagle Ford Shale of South Texas. White Top Oilfield Construction LLC and Black Water Services LLC have common management and have been serving Eagle Ford operators since 2008.

January 7, 2013

Report: Fracking Oversight to Grow in States, Lessen for Feds

States increasingly will push for more disclosure of the hydraulic fracturing process.

January 7, 2013

Colorado Considers Groundwater, Setback Drilling Rules

The Colorado Oil and Gas Conservation Commission (COGCC) has drafted proposed rules for sampling and monitoring groundwater before and after new wells are drilled, as well as changes to setbacks, which formalizes some procedures that the industry had begun voluntarily last year (see Shale Daily, Aug. 4, 2011).

December 14, 2012

BP Taking ‘Simpler,’ More Oily Path

BP plc CEO Bob Dudley last week said the beleaguered oil major will become a “simpler,” more oily company over the next few years.

December 10, 2012