Extraction

The U.S. Energy Information Administration (EIA) said the nation set new records for natural gas gross withdrawals, onshore production and the number of producing wells, figures that were boosted in part by shale gas development. Records were also set in domestic consumption, exports and dry and marketed production.

Officials in the Town — not the City — of Rochester, NY, are considering a ban on natural gas extraction.

A district court judge in Texas has ruled that oil and natural gas production equipment used “below ground,” i.e. extraction equipment, is exempt from state sales taxes.

A district court judge in Texas has ruled that oil and natural gas production equipment used “below ground,” i.e. extraction equipment, is exempt from state sales taxes.

The intent of continued research by the Department of Energy (DOE) into hydraulic fracturing (fracking) is “can we help drive the technology development forward,” Energy Secretary Steven Chu told a Senate committee Thursday.

Ohio Gov. John Kasich reportedly is considering higher severance taxes and an impact fee on oil and natural gas operators, as well as imposing new taxes on natural gas liquids (NGL) extraction.

Ohio Gov. John Kasich is reportedly considering raising severance taxes on oil and natural gas, new taxes for the extraction of natural gas liquids (NGL) and a new impact fee on oil and gas operations.

Producers in the booming Bakken Shale are getting their wish for more infrastructure with the announcement Friday that a unit of Plains All American Pipeline LP (PAA) will construct a cryogenic gas processing plant to serve them. Separately, Alliance Pipeline has filed for a FERC certificate for its previously announced Tioga Lateral project.

Citing his financial ties to the oil and natural gas industry, an attorney with a Washington, DC-based advocacy group has called on the Obama administration to replace the chairman of the subcommittee exploring the risks associated with hydraulic fracturing (fracking).