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.
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Interior Urges More Wilderness Designations
Eighteen back-country areas in nine states — including prospective areas for natural gas and oil exploration — deserve protection by Congress as national conservation or wilderness areas, according to a preliminary report issued on Thursday by the Department of Interior.
Shell Updates Guidelines on Booking Reserves
Eighteen months after a reserves accounting scandal rocked Royal Dutch/Shell Group, the London-based major on Thursday published updated internal rules on how it will book oil and natural gas reserves in the future. The 42-page report is designed to meet Securities and Exchange Commission (SEC) guidelines.
Shell Issues Updated Guidelines on Booking Reserves
Eighteen months after a reserves accounting scandal rocked Royal Dutch/Shell Group, the London-based major on Thursday published updated internal rules on how it will book oil and natural gas reserves in the future. The 42-page report is designed to meet Securities and Exchange Commission (SEC) guidelines.