In a major step toward eventual electrification, the California Energy Commission (CEC) on Wednesday proposed limiting the use of natural gas in new and remodeled buildings beginning in 2023. The standards still need approval by the California Building Standards Commission, which is scheduled to take up the issue in December. “The impact of climate change…
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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
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
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
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
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