Two-year-old Appalachia-based upstart Eclipse Resources I LP, under the management of several shale veterans, has more than doubled its holdings in the Utica Shale in a deal to acquire Oxford Oil Co. LLC, and with it 184,000 net acres and 13.8 Bcfe of proved developed producing reserves.
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The Railroad Commission of Texas (RRC) on Tuesday approved RRC staff-recommended revisions to proposed changes to commission rules governing casing, cementing, drilling and completion of wells; cathodic protection wells; and seismic holes and core holes. Changes were initially proposed in September in response to action by the Texas Legislature. The revised proposal for changes takes into account responses received by commission staff during a public comment period. The current 45-day public comment period will end at noon April 1. A public hearing is scheduled for 1:30 CST Feb. 21 at the RRC’s Austin office.
Pennsylvania to Study Oil & Gas Industry Radiation Levels
Pennsylvania’s Department of Environmental Protection (DEP) will undertake a 12-14 month comprehensive study of naturally occurring levels of radioactivity in by-products of oil and natural gas development, the agency said Thursday.
Enterprise Adds Texas NGL Fractionation, Crude Storage
The initial phase of Enterprise Products Partners LP’ Enterprise Crude Houston (Echo) storage terminal is complete and the facility is receiving deliveries of crude oil. Separately, the partnership said its sixth natural gas liquids (NGL) fractionator at Mont Belvieu, TX, has entered operation.
Atlas Pipeline’s Natural Gas Volumes Top Record
Atlas Pipeline Partners LP, which serves producers in West Texas, Oklahoma and Kansas, surpassed a record for processed natural gas volumes in 3Q2012, which were up 36% from a year ago, executives said Wednesday.
Energy Regulatory Reforms Planned for Alberta
Time savings and a method of ensuring that environmental rules match or exceed international standards are promised by an overhaul of resource industry supervision in Canada’s chief natural gas-, oil- and coal-producing jurisdiction.
Alberta Undergoing Energy Regulatory Reform
Time savings and a method to ensure that environmental rules match or exceed international standards are promised by an overhaul of resource industry supervision in Canada’s chief natural gas-, oil- and coal-producing jurisdiction.
Ohio’s Wayne National Forest Gets OK for Unconventional Drilling
The supervisor of Ohio’s Wayne National Forest (WNF) on Monday said an in-depth study has proved that there is no need to amend the forest’s six-year-old land and resource management plan nor to supplement the environmental impact statement (EIS) to address possible surface impacts from unconventional drilling.
WEA: BLM Fracking Rule Would Cost Billions
Regulating hydraulic fracturing (fracking) on public lands as the Interior Department’s Bureau of Land Management (BLM) proposes to do would cost society $1.499 billion to $1.615 billion per year, according to an analysis commissioned by the Western Energy Alliance (WEA).
ConocoPhillips U.S. Growth Linked to Liquids, Says Incoming CEO
ConocoPhillips will say goodbye to the ranks of Big Oil and move to the top of the North America’s pure-play explorers list at the end of this month, with a U.S. focus on liquids-rich opportunities, the incoming CEO said Monday.