Early

Resolute Rethinks Permian Plan, Production Outlook

Resolute Energy Corp. said Friday it plans to run with the Wolfcamp pack this year and increase net production by more than 50% over the 2012 level, reflecting, in part, recent acquisitions in Midland and Ector counties, TX.

April 8, 2013

Natural Gas Pipeline Ruptures in West Virginia

A 24-inch diameter natural gas pipeline operated by Williams Partners Ltd. in Marshall County, WV, ruptured early Friday afternoon, forcing the evacuation of homes and businesses in the Reid Ridge area, said Marshall County Sheriff Kevin Cecil.

March 25, 2013

Talisman Considering Ending Shale Exploration in Poland

Calgary-based Talisman Energy Inc. is considering a plan to exit shale development in Poland, a move that helps the company focus elsewhere but is also a blow to what was once considered Europe’s best source for shale natural gas and a hedge against pipeline gas supplies from Russia.

March 14, 2013

EMG Increases Capital Contribution to Utica Midstream Venture

Based on success to date in developing a midstream system in the Utica Shale, The Energy & Minerals Group (EMG) said it plans to spend an additional $450 million for its joint venture (JV) with MarkWest Energy Partners LP.

February 7, 2013

Geosciences Professor Says New Brunswick Can Frack Safely

A petroleum geosciences professor said hydraulic fracturing (fracking) can be performed safely in New Brunswick, and believes that Canadian province and others will eventually establish appropriate regulations to govern the practice.

February 5, 2013

Trans Energy Sells Shallow Assets, Connects Two Wells to Pipeline

Trans Energy Inc. announced Wednesday that it had sold its drilling rights and working interest in shallow wells targeting the Devonian Shale for $2.75 million before adjustments, but had retained a royalty interest on most wells and drilling rights to deeper formations, such as the Rhinestreet, Marcellus and Utica shales.

February 1, 2013

Consol Focusing on Marcellus, Utica Shale Gas in 2013

Consol Energy Inc. announced Monday that it plans to spend most its capital expenditure (capex) budget in 2013 on natural gas production in the Marcellus and Utica shales, and will sell millions in other assets.

January 15, 2013

Keystone XL Pipeline Rerouting in Nebraska Still Finds Detractors

As a study emerged Monday in Canada raising public health concerns about oilsands, groups long opposed to TransCanada Corp.’s Keystone XL oil pipeline blasted a report released Friday evaluating a rerouting of the oilsands-linked pipeline in Nebraska by the state’s Department of Environmental Quality (DEQ).

January 9, 2013

Fracking in NY Can Be Safe, Says Year-Old Lost Report

The New York Department of Health (DOH) conducted a draft assessment of high-volume hydraulic fracturing (HVHF) in early 2012 and concluded that, with appropriate regulation, the practice could be performed safely in the state, according to reports.

January 7, 2013

Southeastern U.S. Could be Growth Area for Gas Assets

Since its analyst meeting early last year, Sempra Energy senior management has signaled that its newly designated U.S. Gas & Power (USGP) unit was intent on moving away from merchant power assets in the West and deploying more capital in the Southeast to support its gas infrastructure strategy. USGP maintains a regional headquarters in Greenville, SC.

January 7, 2013