Drilling

Cold snaps, an accelerating switch in drilling targets to chase high oil prices and strong demand by Alberta thermal bitumen extraction projects are deflating Canada’s share in the North American natural gas surplus.

Prompted by the booming natural gas drilling industry in his district, Pennsylvania state Senator Gene Yaw (R-23rd) said he will introduce a series of bills that address issues related to the growing Marcellus Shale industry. Yaw’s district includes Bradford, Susquehanna and Lycoming counties, which are some of Pennsylvania’s top Marcellus producing areas.

Prompted by the booming natural gas drilling industry in his district, Pennsylvania state Senator Gene Yaw (R-23rd) said he will introduce a series of bills that address issues related to the growing Marcellus Shale industry. Yaw’s district includes Bradford, Susquehanna and Lycoming counties, which are some of Pennsylvania’s top Marcellus producing areas.

New York’s ban on permitting for drilling operations involving hydraulic fracturing (fracking) has prompted Norway’s Norse Energy Corp. ASA to send notices of force majeure to landowners covering its leased acres, thereby extending its leases and awaiting shale developments under the incoming state administration.

Las Vegas, NV-based local distribution company (LDC) Southwest Gas Corp. is sitting pretty this winter and for the foreseeable future in terms of adequate natural gas supplies. The gas-only utility’s three-state service area divides into three regions, each with a different set of supply basins, and the shale gas boom affects two of those operating areas.

Occidental Petroleum Corp. on Friday made two deals valued at $3.2 billion that give it entry into the Eagle Ford Shale and boost its land holdings in the Bakken Shale.

The documentary “Haynesville: A Nation’s hunt for an Energy Future” is scheduled to air at 9 p.m. EST Tuesday on the CNBC network.

Pennsylvania’s Independent Regulatory Review Commission on Thursday approved proposed rules that would tighten regulations on oil and gas well drilling.

Stoked by the San Bruno, CA, gas pipeline explosion in September and the anti-gas drilling film “Gasland” — as well as general not-in-my-backyard sentiment — Jersey City, NJ, officials are set to consider zoning changes intended to block a natural gas pipeline that Spectra Energy Corp. wants to build through their town.