Tag / Does



USGS: Industry Data Helping with Bakken/Three Forks Study

In about 18 months the U.S. Geological Survey (USGS) should be able to tell the energy industry, and everyone else, just how productive the Three Forks formation, which lies below the Bakken Shale, might be.

May 24, 2012

Hollywood Filming Marcellus Shale Drama in Pennsylvania

Hollywood is preparing to bring Marcellus Shale oil and natural gas drilling to the big screen next winter and has started filming in Western Pennsylvania.

May 8, 2012

Brookings: Laissez-Faire Approach Best for LNG Exports

If the U.S. does export liquefied natural gas, the impacts will be modest all around and the market will balance itself, a year-long study by the Brookings Institution found.

May 7, 2012

BLM Nixes Requirement on Advance Reporting of Fracking Fluids

As producers turned up the volume on their opposition to the federal government’s regulation of hydraulic fracturing (fracking) on public lands, they caught a break in the long-awaited proposed rule that Interior Department’s Bureau of Land Management (BLM) issued Friday.

May 7, 2012

Pennsylvania DEP Fines Ultra $40K for Illegal Transfer Station

The Pennsylvania Department of Environmental Protection (DEP) has levied a $40,000 fine on an Ultra Petroleum Corp. subsidiary for several violations from 2011, including operating an illegal transfer station from a Marcellus Shale well pad in Potter County.

May 1, 2012

Shell Chooses Pennsylvania for Marcellus Cracker

Although the announcement does not mean the company is committed to its plans for a “world-scale” facility just yet, it ends months of speculation about where Shell would locate the facility and the competition among the three states in the running (see Shale Daily, Dec. 5, 2011; Sept. 7, 2011; June 7, 2011).

March 16, 2012

Study: Marcellus Boom Not Driving Up Crime Rates

The Marcellus Shale boom does not appear to be driving up crime rates in Pennsylvania, but more research is needed to gauge the actual impact, according to a Pennsylvania State University report.

February 29, 2012

Devon: Zero Dry Gas Drilling

Devon Energy Corp. is not actively developing any dry natural gas plays in North America, nor does it have any rigs operating in gas-only plays, the management team said last week.

February 20, 2012

New Export, Power Generation Markets Targeted By Major Pipeline Operators

With the wave of new shale gas supplies flooding the U.S. market and pushing prices to nearly 10-year lows, the natural gas industry is actively searching out new markets and customers to increase demand, panelists told an audience at the Pennsylvania Independent Oil & Gas Association’s Winter Meeting in Champion, PA, on Tuesday.

February 9, 2012

ExxonMobil Swivels to North American Liquids

What does the largest North American natural gas producer do when prices aren’t going its way? Move rigs to liquids plays, ExxonMobil investor relations chief David Rosenthal said Tuesday.

February 1, 2012