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Liberty Withdraws New Jersey LNG Terminal Plans, Will Refile

Liberty Natural Gas LLC has withdrawn its applications to build a liquefied natural gas (LNG) import terminal off the coast of New Jersey but says it has done so to avoid any regulatory confusion over a “substantially revised” project. It plans to refile its applications.

April 27, 2012

Chesapeake Unit Working to Control Wyoming Gas Well

The cause of an apparent “well control incident” at a Chesapeake Energy Corp. natural gas drilling site in Wyoming was under investigation Wednesday, and the producer was preparing resources and equipment to get it under control. No injuries were reported.

April 26, 2012

Marathon Targets Eagle Ford, Bakken Liquids

Marathon Oil Corp., which began 2012 as a pure-play exploration and production (E&P) company, has its sights trained on two big shale plays in the United States: the Eagle Ford and the Bakken, company officials said Wednesday.

February 3, 2012

New U.S. Resource Plays Biggest Industry Driver in 2012, Say CFOs

Unconventional oil and natural gas resources are an increasingly bigger piece of the pie for domestic energy companies, according to a new survey.

January 11, 2012

Maryland Panel Recommends State-Level Severance Tax

An advisory panel formed by Maryland Gov. Martin O’Malley will recommend that the state’s General Assembly impose a severance tax on natural gas production and a fee on gas leases, with the resulting revenue to be dedicated “to address impacts of gas exploration and production on the environment and natural resources” and to fund studies of issues related to the Marcellus Shale, according to a draft report by the state’s Marcellus Shale Safe Drilling Commission.

December 14, 2011

Philadelphia Mayor Declines To Have City Join DRBC Lawsuit

Philadelphia Mayor Michael Nutter has declined to have the city join a lawsuit against the Delaware River Basin Commission (DRBC) over Marcellus Shale development, despite a resolution from the City Council supporting such a move.

October 26, 2011

Bentek: Shale to Do for Oil What It Did for Gas, NGLs

Shale basins have rewritten the book on natural gas supply, and now they’re turning the outlook for natural gas liquids (NGL) on its head. Next will be crude oil as the technology transfer to these plays takes hold in earnest, according to an analysis expected to be finished in about three weeks.

September 29, 2011

Buying Shale Gas Assets Is Risky Business, Says Study

With the bar continually raised on the estimated ultimate recoveries (EUR) from wells drilled in U.S. shale gas plays, determining how to value unconventional acreage is proving to be a diverse, complicated process, according to a new report.

September 26, 2011

New York Voters Support Gas Drilling by Thin Margin

Voters in New York still support natural gas drilling in the Marcellus Shale by a thin margin, 45-41%, because they believe the economic benefits outweigh environmental concerns, according to the latest Quinnipiac University poll.

September 22, 2011

EIA, USGS Shale Reserve Estimates: What’s In the Numbers?

An estimate of undiscovered, technically recoverable natural gas and natural gas liquids (NGL) contained in the Marcellus Shale issued this week by the U.S. Geological Survey (USGS) will be included in the next Energy Information Administration’s (EIA) Annual Energy Outlook (AEO), according to EIA.

August 26, 2011