With the proceeds counted from the sale of its Permian Basin acreage earlier this year, Frisco, TX-based Comstock Resources Inc. is squarely focused on the Eagle Ford Shale of South Texas, where it is drilling longer-lateral wells for less money in fewer days and looking for bolt-on acreage acquisitions. The Haynesville Shale will have to wait.
Articles from Certainly
Officials in two Pennsylvania counties with significant oil and gas drilling that targets the Marcellus Shale say they support plans by the U.S. Geological Survey (USGS) to conduct baseline testing at private water wells in their counties next year.
In what is believed to be a first in the industry, elected officials in Mora County, NM, have enacted a total ban on oil and gas drilling.
Attorneys for energy companies and landowners looking to advance shale development in New York State said Thursday morning’s proceedings in state appellate court went well and they expect to hear rulings on two key cases in six to eight weeks, or by mid-May.
Enbridge Energy Partners LP’s North Dakota crude oil pipeline system has been underutilized since November due to increasing competition from rail and other pipeline transport options, refiner Flint Hills Resources LP, a unit of Koch Industries Inc., told FERC in a filing.
The Utica Shale may be “the best treasure of American energy,” Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.
A member of the Pittsburgh City Council has introduced four proposed amendments to the city’s zoning code that would allow 40-acre minimum “mineral extraction districts” for Marcellus Shale drilling.
What a difference a year makes. When President Obama directed Energy Secretary Steven Chu last March to establish a subcommittee to assess the environmental impacts of shale gas drilling, industry interpreted this as bad news. But Tuesday members of the subcommittee touted the industry and criticized detractors of both hydraulic fracturing (fracking) and shale gas development.
Exploration and production companies have heeded the call to improve transparency and institute better practices, but there’s more to do to address the concerns of stakeholders in the shale plays, according to a Range Resources Corp. executive.