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Newly Launched Native Exploration to Tap Opportunities in Midcontinent

With funding from private equity giant Kayne Anderson Energy Funds, Native Exploration Holdings LLC plans to prowl for opportunities in the Midcontinent, particularly Oklahoma.

July 19, 2017
FERC Considering Changes to Oil Pipeline Rate Index Policies

FERC Considering Changes to Oil Pipeline Rate Index Policies

FERC is considering modifications to its policies for evaluating oil pipeline index rate changes and data reporting requirements that would make it easier for shippers to challenge rates that they believe exceed industry costs.

October 21, 2016

NatGas Trading Increased For First Time in Four Years in 2015, Analyst Says

The amount of natural gas traded in the United States increased in 2015 for the first time in four years, with overall trading volumes up 4.1% compared to 2014, according to an analysis of FERC Form 552 submissions by Cornerstone Research.

July 14, 2016

Record Production for Range in 2Q, Earns $144M

Bolstered by record production, especially in the southwest Pennsylvania portion of the Marcellus Shale, and revisions to its estimated ultimate recovery (EUR) curves, Range Resources Corp. reported net earnings of nearly $144 million for the second quarter of 2013.

July 29, 2013

Oneok Spinning Off Gas Distribution Business

Oneok Inc. plans to spin off its natural gas distribution business to create ONE Gas Inc., which would be one of the largest gas utilities in the United States with more than two million customers in three states and the only publicly traded, 100% regulated, pure-play gas distribution utility.

July 29, 2013

Uncertainty Stalling Northwest NatGas Demand Growth

Industry executives who recently offered Oregon regulators an updated natural gas outlook for the Pacific Northwest said they see faint signs of potential added gas-fired industrial loads taking shape, but flat near-term demand projections nevertheless dominated their forecasts.

July 29, 2013

Pennsylvania Supreme Court Denies PUC Appeal on Act 13

The Pennsylvania Supreme Court last Thursday quashed an appeal by the state Public Utility Commission (PUC), leaving in place an earlier court order that the commission cannot use a review process to enforce some provisions of Act 13, the state’s omnibus Marcellus Shale law.

July 29, 2013

Halliburton Pleads Guilty to Destroying Macondo Evidence

A unit of Halliburton Co. on Thursday agreed to plead guilty to one misdemeanor count of destroying evidence in connection with the April 2010 Macondo well blowout in the deepwater Gulf of Mexico, the U.S. Department of Justice (DOJ) said. The settlement is subject to district court approval.

July 29, 2013

Pad Drilling Half of U.S. Market, Says Halliburton

Almost half of the drilling in the U.S. onshore now is being done on multi-well pads, further moving attention from the rig and well count and more to horizontal footage drilled and the number of fractured stages per well, Halliburton Co. CEO Dave Lesar said last week.

July 29, 2013

Marcellus/Utica De-Bottlenecking on Horizon, Barclays Says

The opening of the Mariner West I ethane pipeline and new processing plants should provide some relief to current wet gas constraints in the Marcellus and Utica shales, and the plays should be largely de-bottlenecked by the end of next year, according to analysts at Barclays.

July 29, 2013
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