A federal appeals court in Cincinnati has remanded back to a Youngstown, OH, district court a class action lawsuit against Chesapeake Energy Corp., which holds leases from predecessor operators that allegedly underpaid natural gas royalties to Ohio landowners for more than a decade.
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More Science, Risk-Taking Needed in Monterey Shale
An independent California-based geologist who has studied the Monterey Shale thinks it could eventually fulfill some of the hype surrounding its long-term reserves, but first it is going to take more serious geologic study and some small operators willing to take the risks that the big companies are not going to take.
Poll Finds Strong Support for Drilling Off North Carolina Coast
A Harris Interactive poll found that 74% of North Carolina voters support moving forward with exploring for and eventually producing oil and natural gas off the state’s Atlantic Coast.
North Dakota Production Drops; More Declines Coming?
In a reversal not seen for a number of months, North Dakota oil/natural gas officials on Friday reported a decline in month-over-month production for both oil and gas in January, and some of the sour weather conditions attributed to the drop may keep production down well into May, according to Lynn Helms, director of the state Department of Mineral Resources (DMR).
Range COO Predicts LNG Exports
A Range Resources Corp. executive said last week he believes the federal government will eventually allow liquefied natural gas (LNG) to be exported but cautioned that the industry shouldn’t be complacent and assume it will be so.
Range COO’s Predictions: U.S. Exports of LNG, Huge NatGas Reserves
An official with Range Resources Corp. said he believes the federal government will eventually allow the export of liquefied natural gas (LNG) but cautioned that the industry shouldn’t be complacent and just assume exports will be approved.
Shaw, Exelon Explore Zero-Emission Gas Technology
In what eventually could be a breakthrough in reducing the carbon footprint of natural gas-fired and other fossil fuel power generation, the Shaw Group Inc. and Exelon have announced a project with an emissions control technology provider to demonstrate a potential zero-emissions process on a small-scale gas-fired plant during the next three years.
Colorado County Board Criticizes BLM Oil Shale Plan
As part of what is supposed to be a three-state, multi-county action eventually, Garfield County commissioners in Colorado approved a joint resolution Monday that is highly critical of federal Bureau of Land Management (BLM) scaled-back plans for oil shale development.
Alberta Oilsands to Tighten Provincial Gas Supply
Alberta oilsands projects will eventually burn more than half of the province’s natural gas production if current development trends continue, new forecasts show.
Alberta Oilsands a Natural Gas Gobbler
Alberta oilsands projects will eventually burn more than half of the province’s natural gas production if current development trends continue, new forecasts show.