Permian Basin-focused Energen Resources Corp., said Wednesday its first well to test the upper Wolfcamp Shale in the Midland Basin and three upper Wolfcamp wells in the Delaware Basin have shown “excellent results.”
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With logistics for moving hydraulic fracturing (fracking) equipment snarled by mostly foul weather through May, North Dakota is facing a growing backlog of unfracked wells, according to Lynn Helms, the state’s director of the Department of Mineral Resources (DMR).
Analysts believe operators in the Utica Shale will soon be able to bring many of their wells into production, thanks to progress in building new gathering lines, but they also caution that investors may have set their expectations too high for areas outside of the play’s core.
Natural gas producers don’t owe a duty to develop each and every “economically exploitable strata” under a landowner’s property, the Pennsylvania Superior Court ruled last month.
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.
The Ohio Department of Natural Resources (ODNR) has ordered Harch Environmental Resources Inc., a brine waste hauler, to cease operations in the state after finding evidence that the company illegally dumped oilfield waste at a farm in Belmont County. Regulators also took aim at Gulfport Energy Corp., which had contracted with the hauler.
Citing drilling and acquisitions it made last year in the Wattenberg field north of Denver, PDC Energy Inc. on Wednesday reported a 19% jump in production in the first quarter, compared with the same period last year, and record output of more than 10,000 b/d of liquids.
The Pennsylvania Department of Environmental Protection (DEP) announced that it has levied a $125,000 fine against a driller, Pennsylvania General Energy Co. LLC (PGE), for two separate incidents in Lycoming County.
Planning for the proposed Bluegrass Pipeline, which would carry mixed natural gas liquids (NGL) from the Northeast to the Gulf Coast, is still in early stages, but the project has piqued the curiosity of analysts who follow Bluegrass partner Boardwalk Pipeline Partners LP.
Bismarck, ND-based MDU Resources Group is aligning its utility, construction, midstream infrastructure and exploration/production (E&P) businesses so each one profits and grows with the continuing hydrocarbon boom in the Bakken, the MDU senior executives emphasized in a half-day financial analysts meeting Thursday in New York City.