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Fracking DOI Secretary Walks Fine Line in House Hearing

During an oversight hearing Wednesday by the House Natural Resources Committee on U.S. Department of Interior (DOI) operations, discussion frequently — and fractiously — turned to regulation of hydraulic fracturing (fracking), with Republicans calling for states-only oversight and Democrats complaining that proposed draft federal rules fall short.

July 18, 2013
ExxonMobil Says Ukraine Could Produce 1.59 Tcf by 2020

ExxonMobil Says Ukraine Could Produce 1.59 Tcf by 2020

ExxonMobil Corp. said it is interested in helping Ukraine develop its oil, gas, shale gas and coalbed methane (CBM) reserves, and estimates the country’s onshore and offshore gas resources could produce 45 billion cubic meters (bcm) (1.59 Tcf) by 2020.

July 16, 2013

Upstream Deals Fizzle in Second Quarter

There wasn’t a lot of wheeling and dealing in the upstream oil and gas industry during the second quarter, according to Evaluate Energy.

July 8, 2013

Great Lakes Advance; California Citygates Ease; Futures Gain

Physical natural gas prices on average gained a penny Tuesday with traders seeing no immediate need to make purchases during a holiday-muted trading week. Upper Midwest points added a couple of cents, and West Coast citygate prices were lower as forecasts of power demand were tempered. At the close, August futures were up 7.7 cents to $3.654 and September had added 7.8 cents to $3.651. August crude oil rose $1.61 to $99.60/bbl.

July 3, 2013

EIA: Lower 48 NatGas Production Up; April A Record Month for Dry Gas

Lower 48 gross natural gas production during April increased 0.8% (0.57 Bcf/d) to 73.24 Bcf/d from a revised March figure of 72.67 Bcf/d, the U.S. Energy Information Administration (EIA) said Friday. In a separate report, EIA said overall April dry gas production set a record for the month, although it was “a small increase” from April 2012.

July 1, 2013

EIA: Lower 48 NatGas Production Up

Lower 48 gross natural gas production during April increased 0.8% (0.57 Bcf/d) to 73.24 Bcf/d from a revised March figure of 72.67 Bcf/d, the U.S. Energy Information Administration (EIA) said Friday. In a separate report, EIA said overall April dry gas production set a record for the month, although it was “a small increase” from April 2012.

July 1, 2013
Britain’s Bowland-Hodder Shale Has 1,329 Tcf, Give or Take

Britain’s Bowland-Hodder Shale Has 1,329 Tcf, Give or Take

The Bowland-Hodder Shale of northern England has between 822 and 2,281 Tcf of natural gas in place, according to a new study that is the first to integrate all existing seismic data, geological analyses and well samples from the shale, the British Geological Survey (BGS) said Thursday. The assessment is higher than earlier estimates.

June 28, 2013

Eagle Ford Keeps Giving as Production Climbs

Production of oil, natural gas and condensate continues trending upward in the Eagle Ford Shale, according to Railroad Commission of Texas (RRC) data. During the first four months of this year, daily oil production surpassed that seen in 2012 and daily production of natural gas nearly met the 2012 level.

June 24, 2013
Wyoming to Lead Pavillion Water Tests, Governor Says

Wyoming to Lead Pavillion Water Tests, Governor Says

In an announcement that ends a two-year tug of war with the U.S. Environmental Protection Agency (EPA) over jurisdiction, Wyoming energy and environmental regulators will lead the investigation, working with the EPA, to continue the study of the potential impact of natural gas production activities in the Pavillion, WY, area on drinking water.

June 24, 2013

Senators Debate FracFocus Registry, State v. Fed. Rules

The Senate Energy and Natural Resources Committee put the spotlight on two important shale policy issues during its third and final forum on natural gas Thursday: the FracFocus chemical registry and whether a middle ground can be found in the dispute between the states and federal government over regulation of hydraulic fracturing (fracking).

May 28, 2013
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