Chesapeake Energy Corp. has received subpoenas from the U.S. Department of Justice (DOJ) and state agencies in connection with leasehold purchases and royalty underpayments, according to a regulatory filing.
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Halliburton Pleads Guilty to Destroying Macondo Evidence
A unit of Halliburton Co. on Thursday agreed to plead guilty to one misdemeanor count of destroying evidence in connection with the April 2010 Macondo well blowout in the deepwater Gulf of Mexico, the U.S. Department of Justice (DOJ) said. The settlement is subject to district court approval.
New Mexico Pit Rule Changes Agreeable to Industry
While critics and environmental activists are unhappy, the oil and natural gas industry is celebrating long-awaited changes in New Mexico’s rules for disposal of drilling waste known as the “pit rule.”
Gulfport Accelerating Utica Drilling This Year
Gulfport Energy Corp. expects to increase the number operated horizontal rig count in the Utica Shale to seven from the current four by the end of June, and it has budgeted $494-504 million to drill 55-60 gross (49-54 net) wells in the play this year, company officials said Wednesday.
U.S. Delay Postpones Nexen-CNOOC Closing for 30 Days
Nexen Inc. and CNOOC Ltd. have pushed back by 30 days the completion of the Canadian company’s C$15.1 billion takeover by the arm of state-controlled China National Offshore Oil Co.
Atlantic Canada Draws $5B LNG Export Project
With an Alberta-grown veteran of international industry at the helm, a newcomer on Wednesday launched an Atlantic coast entry into the lineup of Canadian liquefied natural gas (LNG) export projects.
Bakken Oil Producers Get New Rail Terminal Option
Supply chain solutions company Savage has completed a terminal near Trenton, ND, with direct connection to BNSF Railway’s main line track, to gather crude oil from the Williston Basin and Bakken Shale and facilitate its transport to refinery markets.
Defense Signs Off on Bluewater Storage Border Project
The Department of Defense (DOD) has signed off on Bluewater Gas Storage LLC’s proposal to construct and operate a 300 MMcf/d pipeline to maintain the U.S. leg of a connection between its facilities in St. Clair County, MI, and an existing pipeline in St. Clair Township, Ontario.
Fracking Not to Blame, Says Study of Groundwater Contamination Reports
Extracting natural gas from shale formations using hydraulic fracturing (fracking) “has no direct connection” to groundwater contamination reports, based on a study of three big shale gas plays in the United States, the Energy Institute at the University of Texas at Austin (UT) said in a new report.
Don’t Blame Fracking for Groundwater Contamination, Says Study
Extracting natural gas from shale formations using hydraulic fracturing (fracking) “has no direct connection” to groundwater contamination reports, based on a study of three big shale gas plays in the United States, the Energy Institute at the University of Texas at Austin (UT) said in a new report.