Magnum Hunter Resources Corp. brought online two new company-operated Eagle Ford Shale wells three days before Christmas. The wells’ best-ever results for the company in the Eagle Ford could have Magnum Hunter rethinking its idea of divesting Eagle Ford properties, said CEO Gary C. Evans.
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Eagle Ford Capex May Surpass World’s Most Expensive Energy Project
Over the next three years capital expenditures (capex) in the Eagle Ford Shale could top the projected spending for the Kashagan project in Kazakhstan, now the world’s most expensive standalone energy project, according to an analysis by Wood Mackenzie.
Pennsylvania DEP Approves First Marcellus Shale Gas Power Plant
The Pennsylvania Department of Environmental Protection (DEP) on Wednesday approved an air quality plan for construction of a gas-fired power plant, the first to be powered, at least in part, by natural gas harvested from the Marcellus Shale.
XTO, MarkWest Look to Shale’s Next Chapter
Two industry executives last week lauded the economic success brought about by shale gas development, but warned that continuing success depends in large part upon educating the public about hydraulic fracturing (fracking), training future regulators and policymakers, and being able to export liquefied natural gas (LNG).

XTO, MarkWest Execs Tout Shale Success, Push Public Interaction, LNG Exports
Two oil and natural gas industry executives lauded the economic success brought about by shale gas development, but warned that continuing success depends in large part upon educating the public on hydraulic fracturing (fracking), training future regulators and policy makers, and exporting liquefied natural gas (LNG).
Interior Issues Final Rule on Offshore Drilling Safety
The Interior Department Wednesday ended its overhaul of offshore safety practices brought about by Deepwater Horizon disaster a little more than two years ago, issuing a final rule on requirements for safety equipment, well control systems and blowout prevention (BOP) practices.
BLM Lease Sale Completed in New Mexico, Dakotas
The federal Bureau of Land Management (BLM) announced the results of Tuesday and Wednesday lease sales in the Dakotas and New Mexico. They brought in nearly $29 million combined: $3.3 million from the Dakotas and $25.6 million from New Mexico.
One Fire Out, Another Contained in Western Colorado
As the Pine Ridge fire along the Western Slope in Colorado was put out last Thursday and more than 100 natural gas wells in the Piceance Basin brought back online, the short-lived Third Water Spring Fire northwest of De Beque, CO, led Encana Corp. to shut in more of gas wells last week. A number of gas wells were to remain shut in through the weekend.
Western Colorado Fire Woes Continue
As the Pine Ridge fire along the Western Slope in Colorado was put out Thursday and the more than 100 natural gas wells in the Piceance Basin brought back online, a new fire northwest of De Beque, CO, called the Third Water Spring fire, caused Encana Corp. to shut in some of its other gas wells in the area.
One Fire Out, Another Starts in Western Colorado
As the Pine Ridge fire along the Western Slope in Colorado was put out Thursday and the more than 100 natural gas wells in the Piceance Basin brought back online, a new fire northwest of De Beque, CO, called the Third Water Spring fire, caused Encana Corp. to shut in some of its other gas wells in the area.