Figures

After disconcerting Utica Shale production figures were released earlier this month by Ohio regulators, industry analysts said they were disappointed with the results of the first two test wells Halcon Resources Corp. drilled in the play, and EV Energy Partners (EVEP) said it is continuing to look for buyers interested in its holdings there.

The Ohio Oil and Gas Association (OOGA) reported at its annual winter meeting that in 2012 more wells were permitted and completed, and the state saw a substantial increase in the amount of footage drilled.

Natural gas production in the Lower 48 states climbed 0.6%, or 0.41 Bcf/d, in November from October levels, according to the latest figures from the Energy Information Administration (EIA). Lower 48 production was 73.88 Bcf/d, a new record for the data, which EIA began reporting in January 2005.

EQT Corp. announced Thursday that horizontal drilling in the Marcellus Shale helped the company achieve record sales volumes overall and in the Marcellus in 2012 — the latter an 85% increase from 2011 — as it posted net income of $183.4 million for the year.

Natural gas figures prominently in Michigan Gov. Rick Snyder’s 19-page energy and environment message to Michiganders and their lawmakers, which was released last week. It includes many ideas for natural gas, oil, power generation and energy efficiency, but before much can happen, guidance from the federal government is needed, he said.

Natural gas figures prominently in Michigan Gov. Rick Snyder’s 19-page energy and environment message to Michiganders and their lawmakers, which was released Wednesday. It includes many ideas for natural gas, oil, power generation and energy efficiency, but before much can happen, guidance from the federal government is needed, Snyder said.

The latest monthly totals for oil and natural gas production in North Dakota show continued growth in September, albeit at a slower pace than previous months, a report from the state Industrial Commission’s Department of Mineral Resources (DMR) showed Tuesday.

San Antonio-based Abraxas Petroleum Corp. is finalizing talks to sell its 25% working interest in the Nordheim Project in the Eagle Ford Shale to an institutional buyer for about $20 million, the company said Monday.

A record percentage of New Yorkers now support hydraulic fracturing (fracking) and opposition to the practice fell to a low point in October, according to figures from a Siena College Research Institute poll released Friday.