West Virginia Gov. Earl Ray Tomblin said he was concerned about the Morgantown City Council’s decision Tuesday night to pass an ordinance banning hydraulic fracturing (fracking) within the city and an adjacent one-mile buffer zone, and requested the city to “confine its governance to its city limits.”
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Range Resources Exec: Producers Face Riskier Business Today
In a low-gas price environment, it’s woe that befalls the gas producer that overpays for midstream services or transportation. And because the industry’s pace has quickened as companies rush to develop shale plays, the risks of overspending at contract time are greater today, Rodney Waller, Range Resources Corp. senior vice president, told a Houston audience last week.
Head of Obama Fracking Panel ‘Must Step Down’
Citing his financial ties to the oil and natural gas industry, an attorney with a Washington, DC-based advocacy group has called on the Obama administration to replace the chairman of the subcommittee exploring the risks associated with hydraulic fracturing (fracking).
Petronas Joins Quest for BC’s Shale Gas — and LNG
With an opportunity to develop liquefied natural gas (LNG) export capacity on the table, Malaysia’s national oil company last week agreed to pay C$1.07 billion to acquire a stake in British Columbia’s Montney Shale.
Appalachian Midstream to Expand Bear Print System
Appalachian Midstream Partners (AMP) will use a $176 million equity commitment from Avista Capital Partners to develop and expand its Bear Print system to serve Marcellus Shale gas production in north central Pennsylvania, the Columbus, OH-based company said.
Bill to Restart Offshore Lease Sales Passes House
The U.S. House, in a rare show of bipartisanship Thursday, passed the Restarting American Offshore Leasing Now Act (HR 1230), but there appears to be no rush in the Senate to develop a companion bill, where passage in any case may be in doubt.
ONEOK Plans $1B in NGL Infrastructure
ONEOK Partners LP said it plans to spend $910 million to $1.2 billion between now and late 2013 in order to develop natural gas liquids (NGL) infrastructure to serve the Gulf Coast market.
El Paso: Eagle Ford Value Worth Developing Alone
El Paso Corp. has decided to go solo to develop its profitable Eagle Ford Shale acreage, scuttling plans to take on a joint venture (JV) partner.
EPA Vows to Work with States to Oversee Fracking
An Environmental Protection Agency (EPA) official told a Senate panel earlier this week that the agency is committed to cooperating with states to oversee the practice of hydraulic fracturing (fracking).
DRBC Draft Exceeds Legal Authority, Says Marcellus Shale Coalition
With Friday’s deadline approaching to comment on the Delaware River Basin Commission’s (DRBC) draft water quality amendments, the industry-led Marcellus Shale Coalition (MSC) on Tuesday outlined its concerns and said the proposed rules exceed the multi-state commission’s legal authority and duplicate state jurisdiction.