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Pennsylvania PUC Finalizes Act 13 Impact Fee Procedures

The Pennsylvania Public Utility Commission (PUC) on Thursday finalized how the new unconventional natural gas drilling impact fee for Marcellus Shale operators enacted under Act 13, will be imposed, implemented and collected, but because of pending litigation, rules that govern oil and gas operations were not addressed.

May 11, 2012

Tolar, TX, Hub Serving Intermittent Powergen Demand

Increasing reliance on natural gas-fired power generation in the Dallas-Fort Worth Metroplex has created a ready and willing market on the demand side of the Tolar Hub in Tolar, TX, while gas from the Barnett Shale and other area shale plays ensures abundant supply, according to hub operator NorTex Midstream Partners LLC.

April 23, 2012

Tolar, TX, Hub Serving Intermittent Powergen Demand

Increasing reliance on natural gas-fired power generation in the Dallas-Fort Worth Metroplex has created a ready and willing market on the demand side of the Tolar Hub in Tolar, TX, while gas from the Barnett Shale and other area shale plays ensures abundant supply, according to hub operator NorTex Midstream Partners LLC.

April 23, 2012

People

Bellevue, WA-based Puget Sound Energy (PSE) named Phil Bussey to a newly created position of senior vice president and chief customer officer. Bussey’s focus will be on the services PSE provides to its 1.5 million natural gas and electric utility customers and various stakeholder groups. He will join the Puget Energy combination utility in mid-March, coming from his current position as CEO of the Seattle Metropolitan Chamber of Commerce. Bussey previously served as PSE’s senior vice president for corporate affairs before taking the position heading the chamber. In his new position, he will be responsible for customer solutions, corporate affairs, and federal/state government relations.

February 27, 2012

Colorado Shale Boom Creates Permitting Backlog

The cash- and employee-strapped Colorado state government is battling a growing oil and gas drilling permit backlog created by a combination of a 70% jump in applications between 2007 and 2010 and the recession, which shrank state government. However, oil and gas industry representatives are praising state officials for attempting to address the problem.

January 25, 2012

Obama Administration Denies Keystone Pipeline Permit

The Obama administration on Wednesday denied the controversial Keystone XL oil pipeline proposal on the recommendation of the U.S. State Department, saying at this time it is not in the U.S. national interest to build the 1,700-mile link from Alberta, Canada to the Gulf of Mexico (GOM).

January 19, 2012

Former Petrohawk Chief to Buy Ram Energy

Former Petrohawk Energy Corp. CEO Floyd C. Wilson, who recently created Halcon Resources LLC, is leading a charge to buy Tulsa-based Ram Energy Resources Inc., a small-cap explorer that operates primarily in Texas, Louisiana and Oklahoma.

December 23, 2011

Ram Energy Buyout in Works by Ex-Petrohawk Chief

Former Petrohawk Energy Corp. CEO Floyd C. Wilson, who recently created Halcon Resources LLC, is working with a group of investors to buy Tulsa-based Ram Energy Resources Inc., a small-cap explorer that operates primarily in Texas, Louisiana and Oklahoma.

December 23, 2011

‘No Direct Link’ Between Fracking and Contaminated Groundwater

Preliminary findings from a study being conducted by The University of Texas at Austin’s (UT) Energy Institute suggest no direct link between hydraulic fracturing (fracking) and groundwater contamination, researchers said Wednesday.

November 11, 2011

Thousands of Louisiana Chemical Industry Jobs Seen in Shales

More than 35,000 manufacturing jobs could be created in Louisiana thanks to affordable supplies of natural gas from shale plays, American Chemistry Council (ACC) CEO Cal Dooley said.

October 24, 2011