In a case pitting a Sullivan County, NY, homeowner against his property owners association (POA), a Sullivan Civil Supreme Court judge has permanently barred Cabot Oil & Gas Corp. from drilling in the residential subdivision, which is located in the Marcellus Shale.
Articles from Civil
An estimated 224,200 people were employed by Texas’ oil and gas industry in June, a nearly 15% increase compared with June 2010, according to the most recent Texas Petro Index (TPI). “Post-recession job growth in Texas has been among the strongest in the nation, and the oil and gas industry in Texas deserves most of the credit for that,” said petroleum economist Karr Ingham, who designed the TPI. June’s employment figure marks the first time more Texans have been working in the industry than in October 2008, the peak of the industry’s last boom, Ingham said. Directly or indirectly, the industry accounted for 66% of total job growth in Texas during the 12-month period, Ingham said. The TPI, which measures a group of upstream economic indicators, rose in June to 243.5 from a low in December 2009 of 186.6. It was the eighteenth straight month to show an increase. The TPI, which peaked at 286 in September and October 2008, was 208 in June 2010 (see NGI, Aug. 2, 2010). According to latest TPI, Texas’ estimated gas output in June was 576.5 Bcf, which was down about 6.1% from a year ago. But the value of Texas-produced gas was $2.46 billion, about 0.2% more than in June 2010.
Citizens for Pennsylvania’s Future, also known as PennFuture, has filed a lawsuit against an Ultra Petroleum subsidiary, alleging that some of the company’s facilities in the Marcellus Shale violate the federal Clean Air Act and state regulations.
Universities should be working to answer outstanding questions about shale development, but until they do the practice should proceed cautiously, if it proceeds at all, a Cornell University professor told students in Pittsburgh on Friday.
A federal judge in Louisiana last Thursday held the Interior Department in civil contempt of the court’s preliminary injunction in June barring the federal government from enforcing its initial moratorium on deepwater drilling in the Gulf of Mexico.
A federal judge in Louisiana Thursday held the Interior Department in civil contempt of the court’s preliminary injunction barring the federal government from enforcing its initial moratorium on deepwater drilling in the Gulf of Mexico.
BP plc and other operators involved in the Gulf of Mexico (GOM) rig explosion have been asked by the Civil Division of the Department of Justice (DOJ) to inform U.S. officials of “any significant corporate actions related to the organization, structure and financial position…” going forward.
Companies involved in the Gulf of Mexico rig explosion were asked by the Civil Division of the Department of Justice (DOJ) to inform U.S. officials of “any significant corporate actions related to the organization, structure and financial position…” going forward.
San Diego Gas & Electric Co. (SDG&E) has been ordered to pay an $80,000 civil penalty under an agreement with the Commodity Futures Trading Commission (CFTC), which resolves charges that the utility engaged in phony “wash” trades of natural gas futures on the New York Mercantile Exchange (Nymex).
“Damn the fundamentals; full speed ahead!” as the Civil War’s Admiral David Farragut might have said if asked to analyze the modern-day spot gas market. A smidgen of heating load in parts of Canada and the northern U.S., along with a wee bit of cooling demand from the desert Southwest through the western end of the South, did little to explain rising prices across the board Monday.