Environment

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.”

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.

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.

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.

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.

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.

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).

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.

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.