Concerned groups like the Environmental Defense Fund (EDF) are raising new greenhouse gas (GHG) emissions concerns related to the North American natural gas production boom, citing a new paper on methane leakage in Utah’s Uintah Basin released Monday by researchers at the National Oceanic and Atmospheric Administration (NOAA) and University of Colorado.
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Concentrations of methane, ethane and propane were found in higher levels in drinking water for homes within a kilometer of shale gas wells in parts of the Marcellus Shale in northeast Pennsylvania, according to a study released Monday. It was the third such study by Duke University’s Robert Jackson, a professor of environmental sciences.
Majors and national oil companies (NOC) are about to go shopping again, and their most likely targets are companies such as Anadarko Petroleum Corp., EOG Resources Inc., Whiting Petroleum Corp., Kodiak Oil & Gas Corp. and Forest Oil Corp., Wells Fargo Securities analysts said in a note last week.
Fort Worth, TX-based Quicksilver Resources Inc. provided an operational update on its recently completed well in the Delaware Basin in West Texas and the completion of an eight-well pad in the Horn River Basin in British Columbia (BC).
Chesapeake Energy Corp. said in a regulatory filing Friday that it may have to delay some of the planned oil and natural gas asset sales this year, which could up be to $14 billion, because low natural gas prices may stretch its ability to comply with credit covenants.
A judge in Pennsylvania has denied a request by several Dimock Township families to force Cabot Oil & Gas Corp. to continue delivering potable water to their homes.
The Pennsylvania Department of Environmental Protection (DEP) has granted Cabot Oil & Gas Corp. permission to discontinue potable water deliveries to several Dimock Township residents by Nov. 30.
Tolls on TransCanada Corp.’s Canadian natural gas mainline will stay at elevated levels set as an “interim” measures last winter if the National Energy Board (NEB) approves an application for final 2011 rates filed last Friday morning.
Tolls on TransCanada Corp.’s Canadian natural gas mainline will stay at elevated levels set as an “interim” measures last winter if the National Energy Board (NEB) approves an application for final 2011 rates filed Friday morning.
April natural gas futures drifted lower Monday as traders continue to focus on a rangebound market and see no compelling reason for prices at current elevated levels. At the close April futures eased seven-tenths of a cent to $4.161 and May slid five-tenths of a cent to $4.241. April crude oil vaulted $1.26 to $102.33/bbl.