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‘Miscommunication’ Halts Ohio Forest Lease Sale

Federal and state officials concede there was a “miscommunication” between them over plans by the U.S. Bureau of Land Management (BLM) to put more than 4,000 acres of a state forest in Ohio up for oil and gas leasing, and the sale has been put on hold.

August 1, 2013

Antitrust Probe of Pressure Pumping Leaders Expands

Baker Hughes Inc. and Halliburton Co. said they have received civil investigation demands (CID) from the Department of Justice (DOJ) to provide documents and information on their pressure pumping businesses.

July 26, 2013

Analysts Watch E&P 2Qs for Clues to Basin Potentials, Prices

North American exploration and production (E&P) companies will, over the next few weeks, unveil their earnings and operations results for the second quarter, but analysts aren’t expecting any big upside surprises. Instead, they hope for details on Marcellus Shale pricing, emerging sweet spots in the Utica Shale and details about wells in several big onshore basins.

July 22, 2013

Constitutionality of Pennsylvania’s Act 13 ‘Significant Concern’ for Industry

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 22, 2013

Oklahoma Firm Eyes Dry Shale Gas-to-Diesel Plants

A Tulsa, OK-based synfuel technology company has entered a memorandum of understanding (MOU) with an unnamed shale gas exploration and production (E&P) company to study the feasibility of a plant for turning natural gas into diesel.

July 17, 2013

Go to the Well for More Revenue, Says OK Taxman

An Oklahoma tax break for horizontal wells enacted in 2010 is depriving the Sooner State of revenue that could beef up its rainy day fund and should be reconsidered, the state’s secretary of finance and revenue said.

July 15, 2013
Oklahoma Taxman: Horizontal Wells Don’t Need Incentive

Oklahoma Taxman: Horizontal Wells Don’t Need Incentive

An Oklahoma tax break for horizontal wells enacted in 2010 is depriving the Sooner State of revenue that could beef up its rainy day fund and should be reconsidered, the state’s secretary of finance and revenue said.

July 15, 2013
Texas Eastern Offering Utica/Marcellus-Gulf Coast Capacity

Texas Eastern Offering Utica/Marcellus-Gulf Coast Capacity

Spectra Energy’s Texas Eastern Transmission LP is offering capacity on its Gulf Market Expansion Project, which would give Marcellus and Utica Shale gas access to growing Gulf Coast markets in Louisiana and Texas, including for future export of liquefied natural gas (LNG).

July 2, 2013
Eclipse Doubling Down in Utica Shale

Eclipse Doubling Down in Utica Shale

Two-year-old Appalachia-based upstart Eclipse Resources I LP, under the management of several shale veterans, has more than doubled its holdings in the Utica Shale in a deal to acquire Oxford Oil Co. LLC, and with it 184,000 net acres and 13.8 Bcfe of proved developed producing reserves.

July 1, 2013

Pipelines Look to Quench Mexico’s Thirst for NatGas

A pair of approvals by FERC last week, as well as plans announced by GDF SUEZ Mexico, could help extend the reach of natural gas pipelines — and the market for gas produced in the United States — in Mexico.

June 24, 2013
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