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Ziff Report: Pipeline Costs Soar; U.S. Northeast Highest

In the past 10 years the cost of building natural gas pipelines in North America has tripled, with the U.S. Northeast being the most costly area, according to a report announced Friday by Calgary-based Ziff Energy. The implications are clear for burgeoning shale plays where much new takeaway infrastructure still needs to be built.

March 4, 2013

Enviros Weigh in Colorado State-City Energy Fight

In the midst of two lawsuits filed by Colorado officials against locally passed oil and natural gas drilling rules, Longmont, CO, gained some support Thursday when the Sierra Club and Earthworks’ attorneys filed a motion to intervene in a lawsuit seeking to invalidate an ordinance passed last year.

February 19, 2013

DNV Recommends Transparent Global Shale Practices

Det Norske Veritas (DNV), a Norwegian-based risk management foundation, has published recommended practices (RP) to guide operators that extract shale natural gas.

February 14, 2013

Deloitte: North American Shale Magnet for Foreign Companies

Unconventional oil and gas activities and production continued to make their significance felt in mergers and acquisitions (M&A) in the oil and gas sector last year, with much of the new domestic investment coming from foreign companies, according to Deloitte.

February 12, 2013

DOJ: Transparent NatGas Market May Stifle Competition

While there are potential benefits to be gained from increased transparency in the wholesale natural gas market currently being contemplated by FERC, the likelihood that it could result in higher consumer prices makes releasing only limited information about trades preferable, according to the U.S. Department of Justice (DOJ).

February 11, 2013

Marathon Output Rising Sharply in Eagle Ford, Bakken

Marathon Oil Corp. production targets are being raised sharply on growth in the Eagle Ford and Bakken shales, CEO Clarence Cazalot said last week. Targeted asset sales also continue, evidenced by the recent sale of a natural gas processor in Louisiana, he told analysts during a 4Q2012 conference call.

February 11, 2013
Marathon Oil: Eagle Ford, Bakken ‘Highest-Value Resource Plays’

Marathon Oil: Eagle Ford, Bakken ‘Highest-Value Resource Plays’

Marathon Oil Corp. production targets are being raised sharply for its growing plays in the Eagle Ford and Bakken Shales, while the targeted sale of assets continues, as evidenced by a $170 million sale of a gas processing interest in Louisiana, CEO Clarence Cazalot said during a 4Q2012 conference call with financial analysts.

February 11, 2013

DOJ: Transparent NatGas Market Could Stifle Competition

While there are potential benefits to be gained from increased transparency in the wholesale natural gas market currently being contemplated by FERC, the likelihood that it could result in higher consumer prices makes releasing only limited information about trades preferable, according to the U.S. Department of Justice (DOJ).

February 5, 2013

Weir Buys Another U.S. Unconventional Oilfield Company

Scotland-based oilfield services provider The Weir Group plc continues to expand its U.S. onshore holdings, the latest deal being the acquisition of Oklahoma’s Mathena Inc.

December 21, 2012

NTSB Investigating West Virginia Gas Pipeline Rupture

The Natural Transportation Safety Board (NTSB) Wednesday began sifting through pieces of the Columbia Gas Transmission system that ruptured near the pipeline’s Lanham Compressor Station sear Sissonville, WV, a rural community of 4,000 about 15 miles north of the state capital, Charleston.

December 13, 2012