Considering

TCEQ Planning Barnett Shale Permitting Rule Changes

The Texas Commission on Environmental Quality (TCEQ) is considering revisions to requirements for the Air Quality Standard Permit for Oil and Gas Handling and Production Facilities, which are used to authorize oil and gas facilities in the Barnett Shale of North-Central Texas.

June 18, 2012

Environmental Group: Go-Slow Approach Right for Oil Shale

The U.S. Bureau of Land Management (BLM) has the right idea with its measured approach to oil shale production in the western United States given the risks involved, according to a white paper by sustainability advocate Ceres.

May 31, 2012

Pennsylvania Lawmakers Consider Marcellus Job Creation Tax Credit

Members of the Pennsylvania General Assembly have begun considering House Bill 2399, which among other things would provide a tax credit to companies that create new jobs related to the Marcellus Shale.

May 24, 2012

Eagle Ford Offer from One Aussie to Another

Australia’s Aurora Oil and Gas Ltd. has made an A$107 (US$111.7 million) unsolicited offer for Eagle Ford Shale-focused Eureka Energy Ltd., which said Monday it is considering the proposal.

May 1, 2012

California Regulators Poised to Penalize PG&E, Tighten Pipe Oversight

Based on two proposed orders from a regulatory law judge, California regulators are considering yet another fine against Pacific Gas and Electric Co. (PG&E) for shoddy pipeline system management and a broader crackdown on all in-state gas pipeline operators by requiring tougher management and financial audits of their natural gas operations. The latter is mandated by a new state law (SB 705).

April 16, 2012

Chesapeake, Partners Join Utica Midstream Buildout

Chesapeake Energy Corp., through affiliates of Chesapeake Midstream Development LP (CMD), is partnering with M3 Midstream LLC (Momentum) and EV Energy Partners LP to develop what it claimed will be the largest integrated midstream service complex in eastern Ohio to serve Utica Shale production.

March 16, 2012

Another Colorado Town Halts Oil/Gas Development

Elected officials in a third town in Colorado, Erie, on Wednesday night adopted a six-month moratorium on oil/gas development on an emergency basis, making the halt effective immediately.

March 9, 2012

Kasich Plan Would Tax Unconventional Wells, NGLs

Ohio Gov. John Kasich will reportedly unveil a proposal next week to restructure state taxes on oil and gas drilling — including implementing new taxes on hydraulic fracturing (fracking) and natural gas liquids (NGLs) — then pass the savings along to Ohioans in the form of a personal income tax cut.

March 6, 2012

El Paso Mulling Another Marcellus Project

El Paso Corp. is considering adding pipeline infrastructure to carry gas from northeastern Pennsylvania to an interconnection near Albany, NY, following a nonbinding open season that was held last year.

February 24, 2012

Chesapeake May Recoup $10-12B from Sales, JVs

Chesapeake Energy Corp. last week said it is considering the outright sale of its Permian Basin portfolio, as well as other sales and joint venture (JV) partnerships, which together could reap $10-12 billion.

February 20, 2012