Economically

Train Loaded with Crude Oil Explodes in Quebec

A 73-car train crashed and exploded Saturday in Lac-Megantic, Quebec, igniting its cargo of crude oil — possibly from North Dakota — killing as many as 40 people and forcing the evacuation of nearly 2,000 others.

July 9, 2013

Decision: Gas Producers Can Hold Marcellus Lease With Shallow Drilling

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.

July 2, 2013

EPA Carbon Reduction Impacts Gradual, Says NRG CEO

Coal-fired plants that have not already begun to invest in back-end emission controls won’t be able to operate economically for too long into the future, but for plants already equipped with state-of-the-art controls the upcoming federal regulations to reduce carbon emissions will have a gradual impact taking up to a decade, according to NRG Energy Inc. CEO David Crane.

March 1, 2013

Colorado to Study Oil, Gas Emissions

Moving right along on the energy regulatory front, Colorado’s Department of Natural Resources (DNR) on Wednesday launched a study of air emissions tied to oil and gas development.

January 14, 2013

Promising Methane-to-Ethylene Research

With natural gas reserves continuing to increase, U.S. engineers are testing ways to convert methane gas economically into building blocks to produce chemicals, a job traditionally handled by petroleum.

January 7, 2013

Early Results Promising in Methane-to-Ethylene Research

With natural gas reserves continuing to increase, U.S. engineers are testing ways to convert methane gas economically into building blocks to produce chemicals, a job traditionally handled by petroleum.

December 26, 2012

Ohio’s Latest Utica Map Rolling Out in September

The Ohio Department of Natural Resources (ODNR) plans to unveil a map that outlines economically viable areas of the state’s portion of the Utica/Point Pleasant Shale by late September, which could provide oil and natural gas operators with a valuable tool to use for future exploration.

August 23, 2012

EOG’s Oil Strategy Returns Strong 2Q Earnings

EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.

August 6, 2012

EOG’s Oil Strategy Returns Strong 2Q Earnings

EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.

August 6, 2012

EOG Completes ’16 Monster Wells’ in Eagle Ford During 2Q2012

EOG Resources’ strategy of the last year to edge away from natural gas exploration and production in order to focus on the more economically viable production of crude oil appears to be paying off as the Houston-based producer posted a 38% increase in second quarter earnings over the previous year’s quarter. The company attributed much of its strong earnings to successful programs on acreage in the South Texas Eagle Ford Shale and North Dakota Bakken Shale.

August 6, 2012
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