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Eclipse Doubling Down in Utica Shale

Eclipse Doubling Down in Utica Shale

Two-year-old Appalachia-based upstart Eclipse Resources I LP, under the management of several shale veterans, has more than doubled its holdings in the Utica Shale in a deal to acquire Oxford Oil Co. LLC, and with it 184,000 net acres and 13.8 Bcfe of proved developed producing reserves.

July 1, 2013

San Bruno Mayor Calls for Probe of CPUC Legal Team Change

The mayor of San Bruno, CA — where a natural gas transmission pipeline rupture and explosion killed eight nearly three years ago — on Wednesday called for the California Attorney General’s Office and state lawmakers to investigate replacement of the state regulatory legal team investigating the event.

June 7, 2013
$2B in Tax Revenue Expected from Shale-Driven Chemical Projects

$2B in Tax Revenue Expected from Shale-Driven Chemical Projects

Nearly 100 shale gas-driven chemical industry projects in the United States — worth about $71.7 billion — will generate $20 billion in federal, state and local tax revenue by 2020, according to an analysis released Monday by the American Chemistry Council.

May 21, 2013

AccuWeather Forecasts Four Major Atlantic Hurricanes This Year

Forecasters at AccuWeather.com expect another active hurricane season this year, with 16 named storms, including eight hurricanes, four of them major (Category 3 or higher), to form in the Atlantic Basin, with as many as three hurricanes making landfall in the United States.

May 20, 2013

AccuWeather Forecasts Four Major Atlantic Hurricanes This Year

Forecasters at AccuWeather.com expect another active hurricane season this year, with 16 named storms, including eight hurricanes, four of them major (Category 3 or higher), to form in the Atlantic Basin, with as many as three hurricanes making landfall in the United States.

May 16, 2013

GOP Boycotts Vote on EPA Nominee

All eight Republicans on the Senate Environment and Public Works Committee boycotted a vote on the nomination of Gina McCarthy to head the Environmental Protection Agency (EPA) Thursday, preventing the panel from advancing the appointment to the Senate floor.

May 13, 2013

Republicans Boycott Committee Vote on EPA Nominee

All eight Republicans on the Senate Environment and Public Works Committee boycotted a vote on the nomination of Gina McCarthy to head the Environmental Protection Agency (EPA) Thursday, preventing the panel from advancing the appointment to the Senate floor.

May 10, 2013
Matador an Eagle Ford Oil Bull

Matador an Eagle Ford Oil Bull

Matador Resources Co., which is focused on the liquids-rich portion of the Eagle Ford Shale, grew its oil production almost eight-fold last year to just over 1.2 million bbl from 154,000 bbl in 2011 and 33,000 bbl in 2010. The company will stay focused on the Eagle Ford and growing its Permian Basin position as gas prices aren’t high enough to support more Haynesville Shale activity, CEO Joe Foran said Thursday.

March 15, 2013

NGV Fugitive Methane Emissions Under Microscope

The Environmental Defense Fund (EDF) and West Virginia University have formed a partnership with eight companies/groups to study the fugitive emissions of methane associated with the routine operation of natural gas fleet vehicles fueled by compressed or liquefied natural gas (LNG).

March 6, 2013

Chesapeake’s Eagle Ford Output Jumps 266%

Chesapeake Energy Corp.’s Eagle Ford Shale leasehold, now is the top producer within the company, delivering year/year growth in 4Q2012 of 266% and sequential growth of 20%, the independent reported Thursday. Net production in the South Texas play averaged 62,500 boe/d, with 66% of it oil, while 19% was natural gas and 15% liquids.

February 22, 2013
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