In a blow to oil and gas development in northeast Pennsylvania, Newfield Exploration Co. and its joint venture (JV) partner, Hess Corp., have terminated about 1,500 leases in the region and dashed hopes that landowners could earn about $187.5 million in lease payments.
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Driller Floats Plan for Helium Well in Harley Dome
Federal officials have given a green light for a project in eastern Utah to drill an exploratory well in the Harley Dome natural gas field to capture helium, which, if the operation proves successful, could result in a helping to build supplies of the scarce gas.
Driller Floats Plan for Helium Well in Harley Dome
Federal officials have given a green light for a project in eastern Utah to drill an exploratory well in the Harley Dome natural gas field to capture helium, which, if the operation proves successful, could result in a helping to build supplies of the scarce gas.
U.S. Natural Gas Output to ‘Tip Into Declines’ in Second Half of Year
“Headline” U.S. natural gas production continues to move higher, but signs of decline are emerging in some onshore plays, according to Barclays Capital energy analysts.
EIA: Utica Rig Count Doubles in Year’s Time
The U.S. Energy Information Administration (EIA) said Tuesday the number of drilling rigs active in the Utica Shale during the last week of October had more than doubled compared with the same week in 2011, with an increase in rigs targeting oil more than offsetting the loss of natural gas rigs.
Shell Preps Alaska Prospects in Chukchi, Beaufort Seas
An exploratory well drilled in Alaska’s Beaufort Sea bodes well for more aggressive exploration in the Arctic waters in 2013, according to a Royal Dutch Shell plc executive.
Shell Preps Alaska Prospects in Chukchi, Beaufort Seas
An exploratory well drilled in Alaska’s Beaufort Sea bodes well for more aggressive exploration in the Arctic waters in 2013, according to a Royal Dutch Shell plc executive.
Shale Is a Long Game for Chevron
It’s early days in Chevron Corp.’s shale natural gas and oil program, but it is “an area of significant long-term growth” with opportunities in the United States, Canada, Argentina, China and Europe — in liquids and dry gas — an executive said during the company’s analyst day Tuesday.
Apache Encouraged by Emerging Whittenburg Basin Results
Apache Corp. on Thursday disclosed “encouraging” results from an exploratory drilling program in the emerging Whittenburg Basin in the Texas Panhandle, where five of six initial vertical tests were completed as “oil producers” in the Canyon Wash interval.
North Slope Oil Well Has ‘Gas Kick’
An Alaska North Slope exploratory oil well that experienced “a shallow gas kick” Wednesday morning did not cause any injuries, but workers were evacuated as a precaution. The incident occurred at the Qugruk 2 drill site near Nuiqsut, about 625 miles north of Anchorage.