SM Energy Co. said it has agreed with undisclosed buyers to divest a portion of its Eagle Ford Shale position.
Articles from Chesapeake
West Virginia Department of Environmental Protection (DEP) Secretary Randy Huffman told NGI’s Shale Daily it is unlikely that the DEP would honor a request by the City of Morgantown to issue a stop work order on two Marcellus Shale gas wells in the city’s industrial park.
The West Virginia Department of Environmental Protection (DEP) last Thursday amended permits for two Marcellus Shale gas wells being erected in Morgantown to include closed-loop drilling systems, but it has no plans at this time to make the systems a statewide requirement.
Two communities in suburban Pittsburgh voted against a proposal for their regional park authority to sign a five-year, non-surface lease with a land brokerage firm this week, effectively killing the deal.
Southwestern Energy Co. will devote $1.9 billion to its capital investment program in 2011, down 10% compared with $2.1 billion in 2010, with most of it continuing to be spent on operations in the Fayetteville Shale where the Houston-based producer expects to see a significant increase in production.
A unit of Japan’s ITOCHU Corp. is to acquire a one-quarter interest in Niobrara oil shale acreage in southeastern Wyoming, marking the first time a Japanese company is participating in a U.S. oil shale project.
In a move that would create a $595 million combined energy company serving 200,000 customers in three states, Chesapeake Utilities Corp. (CPK) and Florida Public Utilities Co. (FPU) said Monday they have agreed to merge FPU with a CPK subsidiary.
Some of the largest independent producers in the United States — including Chesapeake Energy Corp., Devon Energy Corp. and Newfield Exploration Co. — have formed the American Natural Gas Alliance (ANGA) with a “singular mission” — to increase the public’s “awareness and appreciation” of the abundant domestic gas supplies.