August Natural Gas Near Even as Market Turns to EIA Data

The August natural gas futures contract was set to open Thursday slightly higher at around $2.985/MMBtu, with prices supported by heat in the forecast as the market turns its attention to the 10:30 a.m. EDT release of weekly government storage data.

June 28, 2018

Nabors Sees ‘Pronounced’ Shortfall in Pressure Pumping, Top Drives

Oilfield services giant Nabors Industries Ltd. on Tuesday warned that operating results for the second quarter will fall below consensus estimates because of a “pronounced” shortfall in the pressure pumping and top drive completion service lines.

July 11, 2013

Devon’s Permian Success Lifts U.S. Oil Output 23%

A standout performance in the Permian Basin increased oil production 23% year/year in the first three months of this year, but it’s not the only racehorse in the stable, Devon Energy Corp.’s top executive said Wednesday. Encouraging results from the emerging Mississippian Lime, for example, may provide the “next leg of growth.”

May 3, 2013

New ASTM Panel to Develop Fracking Standards

Responding in part to the public outcry over hydraulic fracturing (fracking), ASTM International has created a subcommittee to develop consensus standards that would provide best practices for the fracking of oil and natural gas wells in shale formations.

August 16, 2012

NOAA Joins Consensus on 2012 Hurricane Season

Forecasters at the National Oceanic and Atmospheric Administration (NOAA) agree with the consensus forecast for the upcoming hurricane season, saying Thursday that conditions in the atmosphere and the ocean favor a near-normal number of tropical storms this year.

May 25, 2012

Political Shift in CPUC Emerges in Two Recent Cases

California’s five-member state regulatory commission is showing some cracks in its usual solid consensus after 10 years of being headed by a former utility senior executive. This became apparent Thursday when a proposal by Pacific Gas and Electric Co. (PG&E) to invest utility ratepayer funds in a solar demonstration facility was rejected on a 3-2 vote.

May 14, 2012

Wyoming Governor Wants State Input on Pavillion Water Analysis

Wyoming Gov. Matt Mead on Wednesday asked the U.S. Environmental Protection Agency (EPA) to cooperate in a scientific review and analysis of groundwater quality in Pavillion, which federal officials assert may have been polluted by natural gas drilling and well stimulation practices.

December 23, 2011

West Virginia Senate Unanimously Passes Marcellus Shale Bill

The West Virginia state Senate unanimously approved Gov. Earl Ray Tomblin’s version of a Marcellus Shale regulatory reform bill on Tuesday by a 33-0 vote.

December 14, 2011

West Virginia Legislators: Marcellus Bill On Horizon

The co-chairs of a West Virginia panel trying to reach a consensus on Marcellus Shale regulatory reform testified Monday that they believe compromise legislation is within reach and could be enacted in the near future.

November 16, 2011

West Virginia Panel to Tackle Four Outstanding Shale Issues

A bipartisan panel of West Virginia lawmakers seeking a consensus on possible Marcellus Shale regulatory reform are scheduled to meet Wednesday afternoon and Thursday morning in Charleston.

October 13, 2011
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