Drillers

New York Fracking Study, Moratorium Could Go Beyond July 1

The deadline for New York’s Department of Environmental Conservation (DEC) to complete work on a supplemental generic environmental impact statement (SGEIS) on hydraulic fracturing (hydrofracking) may not be as rigid as some observers previously believed.

April 1, 2011

Arkansas Lawmaker Withdraws Severance Tax Bill

Arkansas state Rep. Tommy Lee Baker (D-Osceola) has withdrawn legislation (HB 1992) that would have ended severance tax exemptions for natural gas drillers due to a lack of support in the House Insurance and Commerce Committee.

March 16, 2011

Pennsylvania Produced 256 Bcf in Last Half of 2010

Pennsylvania drillers produced 256 Bcf of natural gas from 1,148 Marcellus Shale wells in the second half of 2010, according to new data released by the Pennsylvania Department of Environmental Protection.

February 28, 2011

Ensco, Pride in $7.3B Merger Pact

Offshore drillers Ensco plc and Pride International Inc. are combining in a $7.3 billion cash-and-stock deal, a transaction that highlights the “post-Macondo” world, Ensco CEO Dan Rabun said last week.

February 14, 2011

LOGA, Louisiana Officials Lock Horns Over Tax Revenue

A Louisiana government official’s statement that the state will see a decrease in tax revenues in coming years due to natural gas drillers moving their operations from taxable areas in southern Louisiana to tax-exempt fields in northern Louisiana “could not be further from the truth,” according to Louisiana Oil & Gas Association (LOGA) President Don Briggs.

February 14, 2011

LOGA, Louisiana Officials Lock Horns Over Tax Revenue

A Louisiana government official’s statement that the state will see a decrease in tax revenues in coming years due to natural gas drillers moving their operations from taxable areas in South Louisiana to tax-exempt fields in North Louisiana “could not be further from the truth,” according to Louisiana Oil & Gas Association (LOGA) President Don Briggs.

February 10, 2011

Ensco, Pride to Merge in $7.3B Deal

Offshore drillers Ensco plc and Pride International Inc. are combining in a $7.3 billion cash-and-stock deal, a transaction that highlights the “post-Macondo” world, Ensco CEO Dan Rabun said Monday.

February 8, 2011

DRBC Sued for Allowing Gas Drilling Prior to Moratorium

Two conservation groups are suing the Delaware River Basin Commission (DRBC) for allowing natural gas development in the watershed prior to a moratorium instituted last year. The plaintiffs have asked the court to have the drilled wells removed, “and the sites cleaned up and restored to natural conditions.”

February 4, 2011

Survey Finds Public Support for Pennsylvania Severance Tax

Public support for a state-imposed tax on natural gas drilling in Pennsylvania’s Marcellus Shale region remains solid, according to the results of a survey of 800 registered voters conducted between Dec. 27 and Jan. 2.

January 18, 2011

West Virginia Operators Face Escalating Drilling, License Fees

West Virginia lawmakers have drafted revised rules and fees for Marcellus Shale drillers that could hike drilling and license fees by thousands of dollars.

January 12, 2011
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