Serious Canadian energy investment and equally focused environmental interests are warily eyeing each other in and around the Uinta Basin in southeastern Utah, where energy developers see an extension of their oilsands plays in Western Canada, and a group called Living Rivers warns of a potential environmental and public health disaster.
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Utah Basin Project Stirs Conflicting Energy, Environmental Interests
Serious Canadian energy investment and equally focused environmental interests are warily eyeing each other in and around the Uinta Basin in southeastern Utah, where energy developers see an extension of their oil sands plays in Western Canada, and a group called Living Rivers warns of a potential environmental and public health disaster.
Barnett Shale Town Institutes Drilling Ban
The Bartonville, TX, Town Council on March 30 instituted a 90-day moratorium on new permits related to natural gas drilling and production.
West Virginia DEP Tells Two Companies to Cease Drilling
The West Virginia Department of Environmental Protection’s (DEP) Office of Oil and Gas (OOG) has ordered Antero Resources Appalachian Corp. and Bronco Drilling Corp. to cease operations at an Antero well pad in Harrison County, WV, following a March 21 incident in which drill cuttings were washed into a nearby stream, OOG said.
Arkansas High Court Upholds Dismissal of Gas Lease Lawsuit
The Supreme Court of Arkansas on Thursday upheld a lower court ruling dismissing a lawsuit against the Arkansas Game and Fish Commission (AGFC) for leasing thousands of state-protected wildlife acres in the Fayetteville Shale for gas exploration.
Natural Gas-Oil Price Link: Goodbye Forever?
In a world of abundant North American natural gas and a new round of oil shocks, the parting of oil and gas prices has grown so wide it’s as if the two never knew each other. Were they ever really linked, asks one analyst; while another notes that gas appears to have fallen out of step with the broader commodity basket.
Streamlined Marcellus Bills Advance in West Virginia Legislature
Bills that would change West Virginia’s regulation of Marcellus Shale drilling — stripped of forced pooling language and proposing smaller increases to horizontal permitting fees than previously considered — were passed Thursday by House and Senate committees in the state’s legislature in Charleston.
Natural Gas-Oil Price Link: Goodbye Forever?
In a world of abundant North American natural gas and a new round of oil shocks, the parting of oil and gas prices has grown so wide (25-to-1, give or take) it’s as if the two never knew each other. Were they ever really linked, asks one analyst; while another notes that gas appears to have fallen out of step with the broader commodity basket.
Copano Growing Eagle Ford Liquids Capability
Copano Energy LLC plans to increase capacity to handle natural gas liquids (NGL) associated with growing gas production from the Eagle Ford Shale in South Texas, the midstream company said.
CFTC Adopts Proposed Position Limit Rule, Issues Interim Directive
The Commodity Futures Trading Commission (CFTC) Thursday voted out the long-anticipated proposal to set hard position limits to curb excessive speculation in the derivatives market. And until the position limits can be implemented, the agency head issued a directive for staff to closely monitor traders with large positions.