An epic Canadian environmental contest has ended in victory for a prized patch of wild Alberta plains and a loss for a natural gas producer. A 1,275-well, shallow-gas drilling program, proposed by Cenovus Energy, will not be allowed, federal Environment Minister Peter Kent announced Friday.
Articles from Ended
An epic Canadian environmental contest has ended in victory for a prized patch of wild Alberta plains and a loss for a natural gas producer. A 1,275 well, shallow gas drilling program, proposed by Cenovus Energy, will not be allowed, Canada Environment Minister Peter Kent announced Friday.
The Interior Department Wednesday ended its overhaul of offshore safety practices brought about by Deepwater Horizon disaster a little more than two years ago, issuing a final rule on requirements for safety equipment, well control systems and blowout prevention (BOP) practices.
Cash prices ended the week on average about a dime lower as a cold front pushed through a number of East and Northeast delivery points and traders were reluctant to make purchases for over the weekend. Only one point was unchanged and all others were unable to climb out of the loss column.
ZaZa Energy Corp. and Hess Corp. have ended a joint venture (JV) agreement they made in 2010 for activities in the Eagle Ford Shale in South Texas and the Paris Basin in France. ZaZa is taking over the Eagle Ford activities while Hess will hold the exploration licenses in France.
With its drilling rig count creeping up above 200, North Dakota ended 2011 on the high side of all-time production totals for oil and natural gas in December, according to the state’s Department of Mineral Resources. More than 95% of the production was from the Bakken and Three Forks formations.
Ontario-based Epsilon Energy Ltd., which is working with Chesapeake Energy Corp. in the Marcellus Shale, said Friday it ended 2011 with a “substantial” increase in Pennsylvania natural gas production, which was in line with its exit guidance.