‘Now’s the Time’ to Accelerate Natural Gas Production, Says WPX Chief

‘Now’s the Time’ to Accelerate Natural Gas Production, Says WPX Chief

WPX Energy Inc. plans to deploy two more drilling rigs to the five now running in Western Colorado’s Piceance Basin, which should add an incremental 1.9 Bcfe in natural gas-weighted output through the rest of this year, the Tulsa operator said Wednesday.

June 6, 2013

Pioneer Beat 1Q Production Guidance With Liquids-Rich Trio

Pioneer Natural Resources Co.’s Eagle Ford Shale play is “hitting on all cylinders,” and in the liquids-rich Barnett Shale combo play, well costs are declining, COO Timothy Dove said during an earnings conference call.

May 6, 2013

EPA Lowers Estimate of Methane Emissions from Gas Systems

The Environmental Protection Agency (EPA) has significantly revised downward its estimate of methane emissions from natural gas systems from the wellhead to the burnertip in the United States.

April 17, 2013

New MLP: Many Pipes in Many Shales

CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a new midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.

March 18, 2013
NFR Acquires Anadarko Basin, Eagle Ford Assets, New Name

NFR Acquires Anadarko Basin, Eagle Ford Assets, New Name

NFR Energy LLC has closed two private deals worth a combined $736 million to acquire assets in the Anadarko Basin and Eagle Ford Shale. The company also announced that First Reserve Corp. has increased its interest in the parent company, NFR Holdings LLC, to 99.7% and NFR is to be renamed Sabine Oil & Gas LLC.

December 19, 2012

NJNG Continues to Retire, Replace Mains and Meters

New Jersey Natural Gas (NJNG) is making progress in restoring natural gas service, but of the 33,000 customers that were impacted by Superstorm Sandy, the distributor was unable to estimate how many have had their gas service reinstated so far.

November 21, 2012

U.S. Chamber Tooting Shale’s Horn in Ohio’s Marcellus, Utica

A series of recent reports highlights the economic benefits of the burgeoning gas industry in eastern Ohio’s Utica and Marcellus shales and, according to the U.S. Chamber of Commerce, shale energy “has the potential to be an economic game-changer” for the state and the nation.

July 26, 2012

As Fire Dissipates, Piceance Wells Brought Back to Production

All but two of Encana Corp.’s 35 shut-in natural gas wells were back in service Tuesday in the Piceance Basin as the danger from the Pine Ridge fire along the Western Slope in Colorado continued to subside. The two remaining shut-in wells are “low-producing” and located in the north end of the Piceance, an Encana spokesperson told NGI.

July 5, 2012

Chesapeake Gets Another Downgrade, More ‘No’ Votes on Board

Chesapeake Energy Corp. has been downgraded again by Fitch Ratings, and on Monday two proxy services recommended against reelecting two directors at the annual meeting in June.

May 22, 2012

Budget Cuts Nearly Forced EIA to Halt Annual Marcellus Report

Officials with the Department of Energy’s (DOE) Energy Information Administration (EIA) said they plan to publish their annual report on proved reserves in the Marcellus Shale by spring. However, budget cuts last year temporarily forced the agency to cut the report.

February 17, 2012
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