Marathon Focused on Midstream Growth

Marathon Petroleum Corp. (MPC) says it will focus strongly on its midstream and retail businesses to balance earnings from the company’s refining and marketing segment, as growing U.S. onshore oil and gas production has opened more opportunities for the nation’s fourth largest refiner.

December 5, 2013

First Duvernay Results Encouraging, Says Chevron Executive

Chevron Corp.’s vice chairman on Friday said there are “encouraging” results from initial exploration activity at the Kaybob prospect in the Duvernay Shale in west-central Alberta.

October 25, 2013

Barnett Shale’s NatGas, Oil, Condensate Production Fell in June

Production of crude oil, natural gas and condensate out of the Barnett Shale all continued to decline in June compared to both the previous month and to June 2012, according to data from the Railroad Commission of Texas (RRC).

August 22, 2013

Eagle Ford Keeps Giving as Production Climbs

Production of oil, natural gas and condensate continues trending upward in the Eagle Ford Shale, according to Railroad Commission of Texas (RRC) data. During the first four months of this year, daily oil production surpassed that seen in 2012 and daily production of natural gas nearly met the 2012 level.

June 24, 2013
Eagle Ford Oil Production Poised to Be a Bakken Beater

Eagle Ford Oil Production Poised to Be a Bakken Beater

As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.

May 31, 2013

GreenHunter’s Wheeling Plant Could Provide Free Frack Water

GreenHunter Resources Inc.’s planned water treatment, recycling and condensate handling logistics terminal in Wheeling, WV, to serve the Marcellus and Utica shale region could provide drillers with free recycled wastewater for hydraulic fracturing (fracking) operations.

May 29, 2013

NuVista Taking Montney Midstream Capacity

Canadian midstream operator Keyera Corp. has agreed to transport and process the Wapiti Montney condensate-rich natural gas production of NuVista Energy Ltd.

April 10, 2013
Western Canada’s Unconventionals Seen Doubling Oil Output by 2025

Western Canada’s Unconventionals Seen Doubling Oil Output by 2025

Western Canada’s oil production should hit 5.7 million b/d by 2025, which is double the current output, boosted by unconventional growth from the oilsands and shale formations, according to ITG Investment Research (IR). Unconventional natural gas production also is seen lifting gas supplies by 3 Bcf/d from current numbers.

March 28, 2013

Citizen Group Wants EIS for Ohio Wastewater Transfer Station

GreenHunter Energy Inc., which last month saw its water handling facility in an Ohio town stormed by dozens of protestors, now faces another type of protest, with a southeastern Ohio community group demanding that the U.S. Coast Guard study the potential environmental impacts of the company’s proposed hydraulic fracturing (fracking) wastewater transfer station on the Ohio River in New Matamoras, OH.

March 15, 2013

Ohio’s New Utica Maps Give Picture of Current, Future Drilling

The Ohio Department of Natural Resources (ODNR) has updated several maps and data charts for the Utica Shale and Point Pleasant formation, including one map showing the weight of Total Organic Carbon (TOC) that could be used by operators to decide where to drill in the future.

March 12, 2013