Environment

New Mexico Pit Rule Changes Agreeable to Industry

New Mexico Pit Rule Changes Agreeable to Industry

While critics and environmental activists are unhappy, the oil and natural gas industry is celebrating long-awaited changes in New Mexico’s rules for disposal of drilling waste known as the “pit rule.”

June 13, 2013

U.S. Producers See Growing Regulatory, Infrastructure Threats

The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.

June 10, 2013
U.S. E&Ps See Fracking Rules, Infrastructure Limits as Growing Threats

U.S. E&Ps See Fracking Rules, Infrastructure Limits as Growing Threats

The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.

June 5, 2013

Southwestern: $4 Gets Fayetteville Moving

When natural gas prices are $3.00/Mcf, Southwestern Energy Co. has 1,200-1,500 well locations to drill in the Fayetteville Shale, but “in today’s price environment, that changes substantially,” CFO Robert Craig Owen said last Wednesday in Austin, TX.

May 27, 2013

Southwestern’s Fayetteville Comes Alive With $4 NatGas

When natural gas prices are $3, Southwestern Energy Co. has 1,200-1,500 well locations to drill in the Fayetteville Shale, but “in today’s price environment, that changes substantially,” CFO Robert Craig Owen said Wednesday in Austin, TX.

May 24, 2013

People

The Senate Environment and Public Works Committee voted out the nomination of Gina McCarthy to head the Environmental Protection Agency (EPA). The nomination cleared the Senate panel by 10-8, with key Republicans voting no, including Sen. David Vitter (R-LA), the ranking member. He said his support for McCarthy’s nomination on the Senate floor would hinge on the nominee’s answers to Republicans’ requests involving greater transparency at the agency. All eight Republicans on the committee had boycotted an earlier vote, preventing the panel from advancing the appointment to the Senate floor. Democrats were unable at the time to establish a quorum despite holding a two-seat advantage on the panel. McCarthy’s nomination is not out of the woods yet. Sen. Roy Blunt (R-MO) still has a hold on McCarthy’s nomination over a dispute involving a water project in his state.

May 20, 2013

Stalled EPA Nomination Heads to Senate Floor for Vote

After Republicans ended their week-long boycott, the Senate Environment and Public Works Committee voted out the nomination of Gina McCarthy to head the Environmental Protection Agency (EPA).

May 17, 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

Marathon Oil, Talisman End Shale Exploration in Poland

Poland on Wednesday suffered a double dose of bad news regarding its prospective shale plays after Marathon Oil Corp. and Talisman Energy Inc. issued separate statements indicating that they were pulling out of the country.

May 10, 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