Devon

The Texas Commission on Environmental Quality (TCEQ) is considering revisions to requirements for the Air Quality Standard Permit for Oil and Gas Handling and Production Facilities, which are used to authorize oil and gas facilities in the Barnett Shale of North-Central Texas.

Atlas Resource Partners LP (ARP) has entered into a joint venture (JV) agreement with subsidiaries of Canada’s Equal Energy Ltd. in the core area of the Mississippian Lime, a formation in Oklahoma and Kansas rich in oil and natural gas liquids (NGL).

Data gathered from 30 large domestic natural gas producers indicate that the U.S. inventory of gas reserves has grown to about 300 Tcf, according to a new report from the American Gas Association (AGA). That estimate, based in large part on new discoveries in shale plays, shatters the previous domestic reserves record of 293 Tcf, which was recorded in 1967.

The first glimpse of Utica Shale productivity makes two things clear: Chesapeake Energy Corp. is leading the way and it is producing a fair amount of natural gas.

Plains All American Pipeline (PAA) plans to build a 170-mile pipeline between Alfalfa County, OK, and its Cushing, OK, storage facility to service increasing Mississippi Lime crude oil production in northern Oklahoma and southern Kansas, the Houston-based company said.

CenterPoint Energy Field Services LLC (CEFS) has begun assessing routing for a proposed gas gathering and processing system in the Mississippi Lime of north-central Oklahoma and south-central Kansas.

With new liquids-rich properties in pocket, Linn Energy LLC said Monday it plans to spend $880 million in capital expenditures (capex) in 2012, with more than half allocated to the unconventional Granite Wash formation in Texas.

Crestwood Midstream Partners LP is a bit of an anomaly in the midstream sector as it is focused exclusively on shale plays, CEO Robert Phillips told financial analysts Tuesday. It’s the only partnership that does so, save for the much larger Chesapeake Midstream Partners, he said.

Despite a lack of evidence showing that there is a correlation between hydraulic fracturing (fracking) and increased seismic activity, British Columbia (BC) provincial authorities want to study the issue, focusing on BC’s Horn River Basin shale play.