Environmental groups on Tuesday filed a lawsuit in California claiming that state regulators had failed to “consider or evaluate” the risks of hydraulic fracturing (fracking) as required by the California Environmental Quality Act (CEQA).
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Fracking in Urban Oilfield Won’t Harm Neighbors, Study Finds
A year-long study has concluded that hydraulic fracturing (fracking) in an urban oilfield in the Los Angeles area will not harm the environment.
Haynesville-Eagle Ford Rig Switch Slowing Gas Output
In the current commodity price environment, the best thing about a natural gas rig might be that it can stop drilling for gas, move somewhere else and start drilling for oil. Put another way in a recent note by analysts at Goldman Sachs: “Where a rig is drilling is a more reliable indicator than its classification as a natural gas or oil rig in predicting if the well drilled will be a natural gas well or an oil well.”
Goldman: Haynesville-Eagle Ford Rig Migration Slowing Gas Growth
In the current commodity price environment, the best thing about a natural gas rig might be that it can stop drilling for gas, move somewhere else and start drilling for oil.
Bloomberg National Poll Finds Less Support for Frack Regulation
Supporters of President Obama are twice as likely to want stringent regulation on hydraulic fracturing (fracking) than Mitt Romney backers, according to a Bloomberg National Poll released Thursday.
PDC Energy Going It Alone in Utica Shale
PDC Energy Inc. received several joint ownership and development proposals for its Utica Shale position in southeast Ohio from potential joint venture (JV) partners, but they “do not meet PDC’s value expectations,” so the Denver-based company will pursue development in the play independently.
Marcellus Still Hasn’t Gotten the Memo on Production Cuts
Despite dry gas production curtailments and rig lay-downs nationwide, Northeast production will grow by 1 Bcf/d from its current 8.3 Bcf/d by the end of the year as the Marcellus Shale “seems impervious to the unfavorable economics,” Bentek Energy LLC said in its Forward Curve Quarterly.
Interior Urged to Shift from Punish-Only Regime in Offshore
The Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) has to move from a “pure” compliance-type of regulatory environment to “something that is a more goal-setting regulatory regime” in the Outer Continental Shelf (OCS), said the head of a committee established by the National Research Council (NRC), which issued a study last week on offshore safety.
Interior Urged to Shift from Punish-Only Regime in Offshore
The Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE) must move from a “pure” compliance-type of regulatory environment to “something that is a more goal-setting regulatory regime” in the Outer Continental Shelf (OCS), said the head of a committee established by the National Research Council (NRC), which issued a study Tuesday on offshore safety.
ExxonMobil Ends Shale Exploration in Poland
ExxonMobil Corp. has ended its shale natural gas exploration efforts in Poland after two test wells failed to produce “sustained commercial hydrocarbon flow rates,” a spokesman said Monday.