Confidence Dropping Sharply Among Global Energy Executives

Confidence Dropping Sharply Among Global Energy Executives

In three months’ time, confidence among senior energy executives in the outlook for the oil and natural gas industry this year has dropped dramatically, according to DNV GL.

February 3, 2015

Lawmakers Question EPA Chief on Fracking Study

Republican leaders on the House Energy and Commerce Committee have asked U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy to explain how the agency’s forays into three controversial sites will affect its comprehensive study of hydraulic fracturing (fracking).

August 1, 2013

Industry ‘Concerned’ Pennsylvania Supreme Court Could Split on Act 13

There is “significant concern” among oil and gas interests that the Pennsylvania Supreme Court could deadlock in a 3-3 tie over the constitutionality of Act 13 because the high court’s newest appointee will not participate in the case challenging the law.

July 19, 2013

SandRidge Founder Tom Ward Ousted

SandRidge Energy Inc. founder Tom Ward, the former chairman and CEO, was replaced Wednesday by the board of directors, which said its decision was “in the best interests of the company and its shareholders at this time.”

June 20, 2013

Western GOP Congressmen Blast EPA’s Record on Fracking

The Environmental Protection Agency (EPA) was put in the hot seat Friday as House lawmakers took the agency to task for its flawed reports on hydraulic fracturing (fracking), most notably the December 2011 report that found groundwater in Pavillion, WY, to be contaminated. That report was later retracted. And before directing any more funds to the EPA for reseach into fracking, the lawmakers demanded that the agency provide Congress with more information on their reseach activities so far.

April 29, 2013

Industry Briefs

A lawsuit filed by Range Resources Corp. against a Texas couple that accused the company of contaminating drinking water with drilling activity should be heard in state district court in Weatherford, TX, the Texas Second District Court of Appeals in Fort Worth ruled recently. Landowners Steven and Shyla Lipsky sued Range in 2011 after the U.S. Environmental Protection Agency (EPA) issued an order that said Range was responsible for the contamination. However, EPA ultimately backed down from its claim (see Shale Daily, April 2). Range counter-sued the Lipskys and environmental consultant, Alisa Rich of Wolf Eagle Environmental, claiming that they conspired to incriminate the company. The Lipsky’s lawsuit against Range was thrown out, but Range’s counter-suit was allowed to proceed (see Shale Daily, Aug. 29, 2012). The case could still be heard in appeals court but only if all parties, including the trial court judge, agree to it by April 11. Range is seeking $3 million in damages. A Range spokesman said the company was still considering the court question, but is confident that the original ruling is correct and that Range’s claims should proceed to trial.

April 4, 2013

Aurora Raises 2013 Eagle Ford Well Count

The U.S. unit of Australia’s Aurora Oil & Gas Ltd. has raised its 2013 guidance for Eagle Ford Shale well count by 25-30% and said it plans to spend $430-465 million this year on drilling and related infrastructure.

April 1, 2013

EPA Readying Progress Report on Frack Study, Seeks Public Input

An official with the U.S. Environmental Protection Agency (EPA) said a progress report on its study of the potential impacts of hydraulic fracturing (fracking) on drinking water should be issued before the end of the year, and the final report published in 2014.

November 13, 2012

J.D. Power: Fleet Operators Lukewarm Toward NGVs

Buyers will need to be confident that natural gas trucks are reliable, functional and easily fueled, a survey revealed.

September 28, 2012
Report of New York Frack Approval After Labor Day ‘Premature’

Report of New York Frack Approval After Labor Day ‘Premature’

In a report that aired Sunday, CBS News said New York’s Department of Environmental Conservation (DEC) will make an announcement sometime after Sept. 3 that high-volume hydraulic fracturing (HVHF) will be allowed to move forward in the state, ending a four-year wait and an effective moratorium on the practice.

August 21, 2012
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