Drilling technology expert National Oilwell Varco Inc. (NOV) reported light bookings for equipment in the third quarter, but there are signs that North American activity is going to improve at a modest pace, CEO Clay Williams said Tuesday. Williams and the management team for the Houston-based oilfield services giant discussed third quarter results and offered…
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Debate Over Pennsylvania Drilling Law Continues in Wake of EQT Lawsuit
Thirteen days after Pennsylvania Gov. Tom Corbett signed a controversial drilling bill into law, the debate over how it will affect Marcellus Shale development took a new turn when EQT Corp. filed a lawsuit against 69 landowners and a golf course in Allegheny County, PA.
Colorado Air Regulators Mull Increased Drilling Oversight
Colorado drillers may face more scrutiny about emissions from their oil and natural operations under regulations being pondered by the state’s Department of Public Health and Environment (CDPHE).
Stringent Illinois E&P Bill Awaits Governor’s Signature
A bill that would increase regulations on natural gas and oil drillers in Illinois is awaiting Gov. Pat Quinn’s signature after state lawmakers passed the bipartisan legislation.
Rex Secures Water Supply to Drill in Ohio’s Utica
The Buckeye Water District (BWD), a utility based in Columbiana County, OH, agreed to supply water for at least three years to a subsidiary of Rex Energy Corp. for oil and natural gas drilling in neighboring Carroll County, OH, the most prolific in the Utica Shale.
Tax Advantage Sought for Canadian LNG Projects
Canadian shale drillers are seeking a liquefied natural gas (LNG) counterpart to a federal corporate tax break that helped kick-start Alberta oilsands development in the 1990s.
Tax Advantage Sought for Canadian LNG Projects
Canadian shale drillers are seeking a liquefied natural gas (LNG) counterpart to a federal corporate tax break that helped kick-start Alberta oilsands development in the 1990s.
Competition for Drilling Water Leading to Innovations
As drillers compete for access to water for their operations, researchers are looking for new ways to reuse and recycle wastewater for the good of the environment, as well as looking ahead to the possibility of more restrictions at the state or federal level that may be imposed on underground injection wells, according to Accenture.
Utica Key to Chesapeake’s Transition, Says McClendon
The Utica Shale may be “the best treasure of American energy,” Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.
Canadian Pacific to Build Frack Sand Facilities in U.S. Shale Plays
Canadian Pacific Railway Ltd. (CP) said Wednesday it was teaming up with Pennsylvania-based Smart Sand to supply Northern White sand to drillers in key North American unconventional plays beginning with the Bakken Shale, where the first of several transload facilities is planned.