The natural gas bonanza brought about by unconventional drilling may be displacing coal and diesel as a “cleaner” fuel, but methane leaks from the surge in drilling and processing destroy that advantage, according to the environmental think tank World Resources Institute (WRI).
Articles from Finds
While agreeing to defer nearly 10,000 acres, the federal Bureau of Land Management (BLM) finds itself as the target of strong opposition from local residents as it attempts to conduct an oil and natural gas lease sale in mid-February in central Colorado’s North Fork Valley.
The Environmental Protection Agency (EPA) has issued an interim update of 18 studies that have been undertaken in its multi-year review of the potential risks of hydraulic fracturing (fracking) of shale gas wells on public drinking water.
With questions lingering about whether hydraulic fracturing (fracking) and the chemicals used in the process are to blame for contaminating the water supply of some Wyoming residents, Encana Corp. has asked the U.S. Environmental Protection Agency (EPA) for “key technical data and information” about water wells re-tested near its natural gas development in Pavillion, WY, to enable the company to properly respond by an October deadline. The U.S. Geological Survey (USGS), however, issued two reports Wednesday that may fill in some of the blanks.
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).
In what may be one of the biggest oil and gas finds in the Gulf of Mexico (GOM) in a decade, BP plc last week announced a “giant” discovery in the promising Lower Tertiary trend, a find that analysts said will reaffirm the importance of the U.S. offshore to domestic energy supplies.
A pioneering firm in California’s ill-fated competitive retail electricity market, Costa Mesa, CA-based Commerce Energy Group Inc., finds itself mired in a sea of red ink as it compiles its fiscal 2008 results, selling off a Houston-based energy consulting firm it acquired four years ago after announcing earlier this year that it was cutting about one-third of its work force.
A report by a task force created by Connecticut finds that federal regulators’ environmental analysis of Broadwater Energy LLC’s controversial liquefied natural gas (LNG) terminal and associated pipeline is seriously flawed, which it insists is enough to “torpedo” the facilities proposed for Long Island Sound.
A report by the Congressional Research Service (CRS) finds that language in a House bill pending in Congress would require producers to pay billions of dollars in royalties on oil and natural gas production from leases issued between 1996 and 2000, regardless of the final outcome of a lawsuit brought by Anadarko Petroleum Corp. challenging the right of the federal government to recover royalties on those leases.