Compiled

While drilling, prices and permitting all declined in North Dakota, natural gas and oil production set new monthly records, according to the most recent statistics compiled at the end of October in a Department of Mineral Resources (DMR) report released Monday.

The Texas Petro Index (TPI), an indicator of the health of the state’s oil and gas industry compiled by a Texas Alliance of Energy Producers economist, posted its first decline in two and a half years due to declining crude prices and continuing natural gas price weakness.

The Texas Petro Index (TPI), an indicator of the health of the state’s oil and gas industry compiled by a Texas Alliance of Energy Producers economist, posted its first decline in two and a half years due to declining crude prices and continuing natural gas price weakness.

U.S. imports of liquefied natural gas (LNG) last year continued the downward trend that began in 2009, according to data compiled by Pan EurAsian Enterprises Inc. Last year’s imports were well less than half of what they were in 2007, the peak year for imports, and they were slightly less than the level seen in 2008.

Statistics compiled by the Railroad Commission of Texas (RRC) tell a tale of booming production in the liquids-rich Eagle Ford Shale, with an increased emphasis on oil and condensate in the play and significantly more flaring of gas statewide. In North Dakota, where the Bakken Shale is booming, so is flaring, but that’s expected to change as new infrastructure comes online.

Statistics compiled by the Railroad Commission of Texas (RRC) tell a tale of booming production in the liquids-rich Eagle Ford Shale, with an increased emphasis on oil and condensate in the play and significantly more flaring of gas statewide.

U.S. Department of Energy (DOE) Secretary Steven Chu described an initial report on hydraulic fracturing (fracking) as “practical, thoughtful and insightful,” as the subcommittee that compiled it began developing a timeline over the next 90 days for federal and state regulatory agencies to implement its recommendations.

Data compiled by North Carolina Geological Survey (NCGS) researchers about shale prospects in the Deep River Basin of North Carolina has sparked a land rush in yet another potentially big onshore gas play.

Data compiled by North Carolina Geological Survey (NCGS) researchers about shale gas prospects in the Deep River Basin of North Carolina has sparked a land rush in yet another potentially big onshore gas play.