ExxonMobil Corp. has settled a lawsuit against the Department of Interior for the government’s decision to cancel Gulf of Mexico (GOM) offshore leases that could yield “billions of barrels of oil.”
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EPA in Dimock, PA, Urging Residents to Participate in Survey
Officials with the U.S. Environmental Protection Agency (EPA) were in Dimock Township, PA on Thursday and Friday, asking residents to participate in a voluntary survey to address “potential gaps in sampling and sample results.”
SM Energy Disputes Termination of Marcellus Deal
SM Energy Co. intends “to pursue any and all legal remedies” arising from Endeavour International Corp.’s decision to terminate agreements to buy a 42,000-acre leasehold and associated pipeline assets in McKean and Potter counties in northern Pennsylvania, the Denver-based company said.
Researchers: North Carolina Should Weigh Drilling, Fracking Risks
Lawmakers in North Carolina should consider several health and environmental measures as they weigh the legalization of horizontal drilling and hydraulic fracturing (fracking) in their state, researchers at Duke University said in a new report.
Anadarko’s Wattenberg Field May Rival Bakken, Eagle Ford
Anadarko Petroleum Corp.’s decision five years ago to build an onshore position in the United States to rival its massive Gulf of Mexico holdings is more than paying off, and in places that many have put way down on the go-to list. Land that the independent has long controlled in northern Colorado holds a massive liquids-rich resource potential of 500 million to 1.5 billion boe net, executives have disclosed this week.
EXCO Not Expecting Big Effect from BG’s Foray Into LNG
EXCO Resources Inc. CEO Doug Miller said the decision by BG Group plc — its joint venture (JV) partner in the Marcellus Shale and the Haynesville/Bossier shale play in Louisiana and Texas — to participate in liquefied natural gas (LNG) exports would have little effect on EXCO’s business.
EXCO Sees Opportunities in BG LNG Deal
EXCO Resources Inc. CEO Doug Miller said the decision by BG Group plc — its joint venture (JV) partner in the Marcellus Shale and the Haynesville/Bossier shale play in Louisiana and Texas — to participate in liquefied natural gas (LNG) exports would have little effect on EXCO’s business.
Pennsylvania Township Could Be Sued Over Proposed Fracking Ban
A Pennsylvania judge said he would try to render a decision by Friday (Oct. 7) over whether a controversial referendum banning hydraulic fracturing (fracking) should be placed on the November ballot in Peters Township.
Outside of NYC, New York State Favors Marcellus Drilling
New York’s registered voters favor the economic benefits of drilling in the Marcellus Shale more than they fear environmental problems, according to a poll released on Thursday by Quinnipiac University. All voters — Republicans, Democrats and Independents — also favor taxing gas producers.
Range Touting Benefits of Barnett Sale
It’s only been two and a half months, but Range Resources Corp. said its decision to leave the Barnett Shale is already paying off.