Focused

Pittsburgh’s CONSOL Energy Inc., which has increasingly been focused on its Appalachian natural gas operations, agreed Thursday to sell Noble Energy Inc. half of its 663,350 net-acre leasehold in a portion of the Marcellus Shale in Pennsylvania and West Virginia, including a half-stake in existing wells, under a multi-year transaction valued at $3.4 billion.

Serious Canadian energy investment and equally focused environmental interests are warily eyeing each other in and around the Uinta Basin in southeastern Utah, where energy developers see an extension of their oil sands plays in Western Canada, and a group called Living Rivers warns of a potential environmental and public health disaster.

Serious Canadian energy investment and equally focused environmental interests are warily eyeing each other in and around the Uinta Basin in southeastern Utah, where energy developers see an extension of their oilsands plays in Western Canada, and a group called Living Rivers warns of a potential environmental and public health disaster.

While most of the agency’s activities have focused on resuming pre-existing oil and gas drilling activities that were halted by the Deepwater Horizon rig tragedy, the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) on Monday approved the first new deepwater exploration plan — for Shell Offshore Inc. — since the rig explosion and resulting oil spill.

While the debate over drilling on state land in Pennsylvania is focused on parks and forests, another state landowner is looking to collect revenue by selling public resources to the natural gas industry: the Pennsylvania Fish and Boat Commission (PFBC).

A liquids-focused unconventional oil and gas makeover at Houston-based Rosetta Resources Inc. is showing the company in a much improved light as it continues to ramp up its activities in the Eagle Ford Shale of South Texas, CEO Randy Limbacher told financial analysts last week.

A liquids-focused unconventional oil and gas makeover at Houston-based Rosetta Resources Inc. is showing the company in a much improved light as it continues to ramp up its activities in the Eagle Ford Shale of South Texas, CEO Randy Limbacher told financial analysts Monday.

While Talisman Energy Inc. has a diverse portfolio of international exploration and production (E&P) interests, in North America the company is focused largely on the Marcellus, Montney and Eagle Ford shales, plays in which its activities are in various stages of development. In the Marcellus, where its shale activities are the most mature, Talisman is enjoying improved well results as it continues to learn the play.

While Talisman Energy Inc. has a diverse portfolio of international exploration and production (E&P) interests, in North America the company is focused largely on the Marcellus, Montney and Eagle Ford shales, plays in which its activities are in various stages of development. In the Marcellus, where its shale activities are the most mature, Talisman is enjoying improved well results as it continues to learn the play.