Coalbed

Wyoming to Limit Coalbed Methane Lease Extensions

Wyoming’s Office of State Lands and Investments has tightened the limits to extend coalbed methane (CBM) leases that aren’t held by production in the midst of growing requests because of sagging natural gas prices.

June 20, 2012

‘Golden Age’ for Unconventional Gas Needs ‘Golden Rules,’ Says IEA

A “golden age” is on the horizon for natural gas across the globe, but only if the world’s unconventional resources, including shale, tight gas and coalbed methane, are developed profitably and in an environmentally acceptable manner, the International Energy Agency (IEA) said in a sweeping report on Tuesday.

May 30, 2012

Encana Secures Financial Backing for Alberta CBM Play

Encana Corp. said Friday it has secured a well-heeled unit of Toyota Tsusho Corp. to partner in its languishing Alberta coalbed methane (CBM) gas fields in the Horseshoe Canyon Fairway, agreeing to sell close to a one-third stake in the resource play, including natural gas production from 5,500 existing wells.

April 23, 2012

Alberta Changes Well Spacing Regulations

Regulators in Alberta said the province would remove most subsurface well density controls for coalbed methane (CBM) and shale gas, one of several changes announced Thursday for well spacing for conventional and unconventional oil and gas wells.

October 12, 2011

Double Eagle’s Atlantic Rim Plan Gets Preliminary Approval

A federal environmental assessment (EA) of a plan to develop 51 coalbed methane (CBM) wells within the boundaries of Wyoming’s Atlantic Rim, part of which is crucial winter range for pronghorn antelope and mule deer, has determined that there would be no significant impact from the development.

July 8, 2011

Marcellus Shale Was Star of EQT 2010 Results

EQT Corp. grew its proved natural gas reserves by 28% in 2010, ending the year with 5,220 Bcfe. The growth came due to drilling in the Marcellus Shale, continuing improvement in the estimated ultimate recovery of Marcellus wells, as well as an increase in the projected number of wells to be drilled in the Marcellus over the next five years, EQT said.

January 28, 2011

Unconventionals to Supply One-Third of Global Gas Output By 2035

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) last week.

November 15, 2010

Unconventional Shale Gas, Oil to Expand Rapidly, Says IEA

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) on Tuesday.

November 12, 2010

ExxonMobil Adds to Haynesville/Bossier Leasehold

ExxonMobil Corp. in July quietly purchased more acreage in the Haynesville/Bossier Shale, a company executive disclosed Thursday.

October 29, 2010

Royalty Underpayment Alleged in Virginia

Plaintiffs’ attorneys seeking class action status for lawsuits that allege Virginia producers have unlawfully taken coalbed methane gas from landowners last week filed additional complaints against leading Virginia producers Consol Energy Inc., its CNX Gas Corp. and EQT Corp. This time the companies are alleged to have sold landowners’ gas at below-market prices and improperly deducted processing and transportation costs.

July 5, 2010