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Bakken-Focused Kodiak Raises Spending, Production Guidance

Denver-based Kodiak Oil & Gas Corp., which is focused on the Bakken Shale in North Dakota’s Williston Basin, grew oil and gas sales volumes by 83% during the second quarter compared to a year ago; crude oil accounted for 87% of second quarter sales. The company has raised capital spending and production guidance for the remainder of the year.

July 25, 2013

Kodiak Completes Bakken, Three Forks Acreage Acquisition

Denver-based Kodiak Oil & Gas Corp. has completed its acquisition of 42,000 net acres and associated production in North Dakota’s Williston Basin for $660 million in cash from Liberty Resources LLC. The deal included core Bakken and Three Forks producing properties in addition to undeveloped leaseholds.

July 15, 2013

CNG, LNG Transport Still Gaining

More announcements continued to move last week for building the compressed natural gas (CNG) and liquefied natural gas (LNG) market for natural gas vehicles (NGV).

June 17, 2013
Analyst Says Ohio Figures Misleading, Predicts Surge in Gas, NGLs

Analyst Says Ohio Figures Misleading, Predicts Surge in Gas, NGLs

Although investors were disappointed by the Utica Shale production figures released last week by the Ohio Department of Natural Resources (ODNR), a surge in production should be at hand in the play as infrastructure comes online, according to an analysis from RBN Energy LLC.

May 24, 2013
Ohio’s Utica Oil Figures Disappoint, But Sweet Spots Emerging

Ohio’s Utica Oil Figures Disappoint, But Sweet Spots Emerging

Industry experts said they were disappointed by the Utica Shale oil production figures for 2012 released Thursday by the Ohio Department of Natural Resources (ODNR), but they believe a clearer picture is beginning to emerge of where the play’s sweet spots for oil are located.

May 20, 2013

CSU Sets Up U.S. State Energy Legislation Tracker

The Center for the New Energy Economy (CNEE) at Colorado State University announced that it has created a new online database of energy-related state legislation pending in all 50 states, “from solar to natural gas and everything in between.”

May 16, 2013

Plains Expanding Deepwater Operations in Louisiana

Houston’s Plains Exploration & Production Co. is building a facility in Broussard, LA, to support its deepwater Gulf of Mexico (GOM) operations, according to the Lafayette Economic Development Authority (LEDA).

May 14, 2013

MarkWest CEO: Marcellus Volumes, Capacity Challenging

Building midstream infrastructure in the Marcellus Shale to keep up with growing natural gas volumes was a challenge in the first quarter, MarkWest Energy Partners LP CEO Frank Semple said last week.

May 13, 2013
Marcellus Volumes, Capacity Prove Challenging, Says MarkWest CEO

Marcellus Volumes, Capacity Prove Challenging, Says MarkWest CEO

Building midstream infrastructure in the Marcellus Shale to keep up with growing natural gas volumes was a challenge in the first quarter, MarkWest Energy Partners LP CEO Frank Semple said Thursday.

May 13, 2013

North Dakota Governor: Oneok Projects Help Reduce Flaring

A trio of recently completed Oneok Partners LP projects will enhance North Dakota’s processing of natural gas and help reduce flaring in the state, according to Gov. Jack Dalrymple.

May 13, 2013
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