Quicksilver Still Working on Barnett, Horn River Deals

Debt-tarnished Quicksilver Resources Inc. said Thursday it is still in talks to sell a nonoperated minority working interest in its Barnett Shale assets and is negotiating a potential joint venture (JV) in the Horn River Basin in northeast British Columbia. Investors have been awaiting deals on both fronts for some time.

January 7, 2013

Colorado Considers Groundwater, Setback Drilling Rules

The Colorado Oil and Gas Conservation Commission (COGCC) has drafted proposed rules for sampling and monitoring groundwater before and after new wells are drilled, as well as changes to setbacks, which formalizes some procedures that the industry had begun voluntarily last year (see Shale Daily, Aug. 4, 2011).

December 14, 2012

Halcon Resources Picks Up Woodbine Acreage

Tomball, TX-based independent JBL Energy Partners and its partners completed the sale of an interest in 17,000 acres in Leon County, TX, within the Woodbine oil play to Halcon Resources. The sale included all oil, gas and mineral rights owned by JBL and its partners within the acreage position.

August 24, 2012

IHS Analysis: Eagle Ford Is a Bakken Beater

Typical well performance as well as peak-month production of the Eagle Ford Shale’s best wells exceeds those for wells drilled in the Bakken Shale, which is often considered the tight oil standard, according to the “IHS Herold Eagle Ford Regional Play Assessment.”

July 30, 2012

U.S. Chamber Tooting Shale’s Horn in Ohio’s Marcellus, Utica

A series of recent reports highlights the economic benefits of the burgeoning gas industry in eastern Ohio’s Utica and Marcellus shales and, according to the U.S. Chamber of Commerce, shale energy “has the potential to be an economic game-changer” for the state and the nation.

July 26, 2012

Fracking Can Hurt Water Supply, Says Colorado NonProfit

Using Colorado as its example, a Boulder, CO-based nonprofit law and conservation group, added its two cents to the growing list of advocate-sponsored studies of hydraulic fracturing (fracking), concluding there are definite impacts on water supplies and the communities they serve from the widespread use of the oil/gas drilling technology.

July 16, 2012

Ohio Seeing More Than Eight-Fold Increase in Horizontal Permitting

The permitting of horizontal natural gas wells in Ohio has grown more than eight-fold in one year; Chesapeake Energy Corp. became a major player in the Utica Shale, and Carroll County became the play’s “ground zero,” according to data from the Ohio Department of Natural Resources’ (ODNR) Division of Oil and Gas Resources Management.

July 9, 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

North Dakota Oil Production Surpasses California’s

Preliminary data released indicates that North Dakota oil and gas production continued to soar in January and the state now ranks third nationally in average daily oil production, surpassing California and following only Texas and Alaska. With the Bakken formation, North Dakota continues to ride the shale boom.

March 14, 2012

EQT Halts Huron Shale Drilling on Low Prices

EQT Corp. is suspending its Huron Shale program “indefinitely” in light of low commodity prices, the Pittsburgh company announced in a one line statement Friday.

January 24, 2012