In about 18 months the U.S. Geological Survey (USGS) should be able to tell the energy industry, and everyone else, just how productive the Three Forks formation, which lies below the Bakken Shale, might be.
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Articles from Fall
$1 Gas Prices? Maybe Not So Bad, Says EnerVest CEO
If natural gas prices were to fall to $1, that wouldn’t be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry’s “greatest savior,” he said last week at Bentek Energy’s Benposium in Houston.
$1 Gas Prices Might Help Industry, Says EnerVest CEO
If natural gas prices were to fall to $1, that wouldn’t be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry’s “greatest savior,” he said Wednesday at Bentek Energy’s Benposium in Houston.
EnerVest CEO Advises NatGas Peers to ‘Conspire to Constrain Supply Growth’
If natural gas prices were to fall to $1, that wouldn’t be such a bad thing, according to EnerVest Ltd. CEO John Walker. In fact, low prices may be the industry’s “greatest savior,” he said Wednesday at Bentek Energy’s Benposium in Houston.
IHS CERAWeek: Gas, Oil at Top of Energy Pyramid for Decades, Says Exec
Oil’s share of the global energy supply will continue to fall, with the slack picked up mostly by natural gas, Total SA exploration chief Yves-Louis Darricarrere said Tuesday.
Deepwater Permit Approvals Still Below Historical Levels, Says IHS
Well drilling permit approvals in the deepwater Gulf of Mexico (GOM) increased significantly from April to October but still fall below pre-moratorium levels and they may for some time, according to updated research by IHS Inc.
Pennsylvania Marcellus Permits Pass 3,000 Mark
Pennsylvania issued its 3,000th Marcellus Shale drilling permit of the year in November, but the final well count for 2011 is likely to fall just shy of 2,000, if drilling remains at its current pace.
Youngstown State Plans Natural Gas and Water Resource Institute
Youngstown State University (YSU) is planning an on-campus institute to educate professionals and provide research for the Utica and Marcellus shale industry in Ohio and Pennsylvania, university officials said.
Pennsylvania Governor Planning Impact Fee
Pennsylvania Gov. Tom Corbett said he would introduce an impact fee for Marcellus Shale producers this month.
Burgeoning Marcellus Production Widens Price Differential
Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.