Cooperate

Encana Corp.’s board of directors has concluded that the producer did not collude with “competitors” on land leasing in Michigan two years ago.

The Environmental Protection Agency’s (EPA) data and analysis did not support the conclusion linking water contamination in Pavillion, WY, to chemicals used in hydraulic fracturing, according to a new analysis released Wednesday.

Calgary-based Progress Energy Resources Corp. is shutting in 10% of its natural gas production, which is all in Canada, until prices cooperate. The company produced an estimated 224.6 MMcf/d in 3Q2011. “We believe the current low natural gas price is unsustainable,” said CEO Michael Culbert. “Shifting capital to preserve asset value and maintain our balance sheet strength is prudent in this environment.” The Montney Shale-focused producer also is reducing its gas development spending to C$365 million this year, a reduction of C$100 million from the original 2012 capital budget. Progress Energy is jointly developing around 900,000 net acres in the Montney Shale with Malaysia’s Petronas (Petroliam Nasional Berhad). An associated liquefied natural gas export plan also is being studied (see related story).

With unconventional supplies on the rise, natural gas will be the go-to fuel for power generation over the coming decade, but the electric and natural gas industries need to cooperate better to avoid service interruptions, according to a North American Electric Reliability Corp. (NERC) report issued last month.

With unconventional supplies on the rise, natural gas will be the go-to fuel for power generation over the coming decade, but the electric and natural gas industries need to cooperate better to avoid service interruptions, according to a North American Electric Reliability Corp. (NERC) report issued Friday.

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.

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 methods.

Three federal agencies say they will cooperate on air quality issues for onshore oil and gas projects drilled on public lands and will create a new agency to implement collaborative plans by late September.

Three federal agencies say they will cooperate on air quality issues for onshore oil and gas projects drilled on public lands and will create a new agency to implement collaborative plans by late September.