A ballot initiative to raise the Arkansas severance tax on natural gas production being promoted by former gas industry executive Sheffield Nelson recently drew a few more foes, according to the energy industry-backed anti-tax group Arkansans for Jobs & Affordable Energy (AJAE). The Association of Arkansas Counties (AAC), the Poultry Federation and the Northwest Arkansas Council recently signed on in opposition to the tax hike on producers. “…[O]ur association believes a natural gas severance tax increase would be harmful for Arkansas counties and for Arkansans,” said Chris Villines, executive director of the AAC.
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Raymond James: U.S. Oil Rig Count May Decline in 2013
The U.S. government and private energy analysts appear to have come to a foregone conclusion that the domestic natural gas drilling rig count will take a dive in 2013, but if any are “blindly assuming” that the U.S. oil rig count will “continue to move up and to the right,” they may be wrong, said the team at Raymond James & Associates Inc.
April 19, 2012
New System to Help Operators Manage Compliance in Marcellus Basin
RegScan, a developer of regulatory compliance products, and the Independent Petroleum Association of America (IPAA) have jointly come up with a system to help oil and natural gas operators comply with the different well stages in the Marcellus Shale basin.
March 14, 2012
Texas Judge: Flaming Water a Hoax, Conspiracy Against Range
A Texas couple that has sued Range Resources Corp. for allegedly contaminating its drinking water with hydraulic fracturing (fracking) on Thursday lost a bid for dismissal of the company’s countersuit, which alleges that the couple participated in a conspiracy to defame Range.
February 21, 2012
Foreigners, Private Equity Said Eyeing Big U.S. Unconventional Deals
Foreign buyers up to now have been gaining intelligence about drilling in North America’s prolific unconventional formations through joint ventures (JV) and region-specific acquisitions with willing U.S. natural gas and producers, but that’s about to change, according to an energy expert with industry consultant PwC US.
February 10, 2012
MarkWest Expanding Midstream Business Across Appalachia
As Appalachian Basin operators cut back dry gas investments to focus on liquids, MarkWest Energy Partners LP is accommodating with a major expansion of its Marcellus, Utica and Huron shale operations.
February 2, 2012
Water Supply for Eagle Ford Seen as Sufficient
There’s enough water in the Carrizo Wilcox Aquifer in South Texas to support Eagle Ford Shale oil and gas drilling and hydraulic fracturing as well as other uses, such as irrigation, according to the Eagle Ford Task Force. This is in spite of a drought that has gripped most of Texas, according to experts.
January 27, 2012
Transportation Notes
Northern Natural Gas allowed a System Overrun Limitation for all zones to expire Saturday.
January 23, 2012
Consol Increasing Marcellus, Utica Spending in 2012
With two new joint ventures in hand, Consol Energy Inc. is gearing up for a big year in Appalachian shale.
January 12, 2012
No Pennsylvania Impact Fee This Year
Pennsylvania will end another year without an impact fee on natural gas drilling in the Marcellus and Utica shales.
December 21, 2011
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