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Nexen Takes LNG-Savvy Partner to Develop BC Shale

Nexen Inc. has made good on a promise to find a joint venture (JV) partner by the end of this year for its extensive shale acreage in northeastern British Columbia (BC) after agreeing to sell a 40% stake for C$700 million to a consortium led by Japan’s Inpex Corp.

November 30, 2011

TransCanada to Route Keystone Around Sandhills

TransCanada Corp. said Monday it will find a new route for its controversial Keystone XL oil pipeline around the water-sensitive Sandhills area in Nebraska, and to that end, it is supporting legislation proposed in the state legislature to develop a new route for the portion of Keystone that would cross the state.

November 16, 2011

Raymond James: ‘Can’t Fight Fate’ on Growth in U.S. Gas Output

For nearly two straight years U.S. natural gas output has climbed almost continuously — and 2012 could see even stronger growth, according to the energy team at Raymond James & Associates Inc.

November 15, 2011

Shale Play Drilling Successes Buoy Cabot Production

Cabot Oil & Gas Corp. continues to find drilling success in the Marcellus, Eagle Ford and Marmaton shale plays, and has doubled liquids production and increased natural gas production 37% since 3Q2010, the company said.

October 31, 2011

FBR: Market Can Handle Marcellus Growth

The growth of the Marcellus Shale likely won’t be constrained by market demand, despite a projected seven-fold increase in production from the play over the next 15 years, according to FBR Capital Markets.

September 27, 2011

Pennsylvania: Tighter Scrutiny Leads to More Casing Violations

Inspectors with the Pennsylvania Department of Environmental Protection (DEP) are on pace to find more cementing and casing violations in the Marcellus Shale than before, but a spokesman for the agency said the uptick is the result of tighter regulations, not an industry problem.

September 26, 2011

Pennsylvania: Uptick in Casing Violations No Cause For Alarm

Inspectors with the Pennsylvania Department of Environmental Protection (DEP) are on pace to find more cementing and casing violations in the Marcellus Shale than before, but a spokesman for the agency said the uptick is the result of tighter regulations, not an industry problem.

September 21, 2011

Hess Snaps Up More Unconventional Acreage

In two days’ time Hess Corp. has acquired stakes in almost 185,000 net acres in the Ohio portion of the Utica Shale, the latest deal adding 85,000 more acres to its prospective leasehold.

September 9, 2011

Industry Groups to SEAB: Go Slow on New Programs

The Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee should defer to state regulators — and may find that many of its objectives are already being addressed by existing programs — according to comments filed at the Department of Energy (DOE) by industry groups.

September 5, 2011

Industry Groups Advise SEAB: Go Slow on New Programs

The Secretary of Energy Advisory Board (SEAB) Natural Gas Subcommittee should defer to state regulators — and may find that many of its objectives are already being addressed by existing programs — according to comments filed at the Department of Energy (DOE) by industry groups.

August 31, 2011