Eyes

In Montana in a “forgotten corner of the Williston Basin,” a Texas company is gathering up acreage with the expectation that it can turn what some call the False Bakken into a true gem. And if that doesn’t work, northeast Montana has more to offer in and near the Bakken Petroleum System.

Permits and production are soaring in the Niobrara Shale where Chesapeake Energy is indicating it has unlocked some important finds as it eyes the play as a significant contributor to its strategy for expanding its production of natural gas liquids (NGL).

The House Monday overwhelmingly passed two bills that would exempt commercial end-users from margin requirements and ease regulations for affiliate transactions.

Eyes have been opened and ears perked throughout the West, if not most states, since the fatal San Bruno pipeline rupture a year ago and the serious flaws exposed in Pacific Gas and Electric Co.’s (PG&E) natural gas operations. California stakeholders and regulators in other states have taken action or are contemplating new measures aimed at ensuring gas pipeline safety in their states.

With much of drought-stricken Texas being ravaged by wildfires, the energy industry has its eyes on infrastructure that could be threatened by flames and potential production shut-ins. However, production volumes from fire-afflicted Texas counties “seem unaffected so far,” Bentek Energy LLC said in a note Friday.

With much of drought-stricken Texas being ravaged by wildfires, the energy industry has its eyes on infrastructure that could be threatened by flames and potential production shut-ins. However, production volumes from fire-afflicted Texas counties “seem unaffected so far,” Bentek Energy LLC said in a note Friday.

Not long ago W&T Offshore Inc. was planning to drill about 25 wells this year. However, the company has backed down from that number as it eyes a market for acquisitions and joint ventures that is becoming increasingly attractive, CEO Tracy Krohn said last Thursday.

Not long ago W&T Offshore Inc. was planning to drill about 25 wells this year. However, the company has backed down from that number as it eyes a market for acquisitions and joint ventures that is becoming increasingly attractive, CEO Tracy Krohn said Thursday.

Not long ago W&T Offshore Inc. was planning to drill about 25 wells this year. However, the company has backed down from that number as it eyes a market for acquisitions and joint ventures that is becoming increasingly attractive, CEO Tracy Krohn said Thursday.