The American Petroleum Institute (API) Wednesday called on New York regulators to remove all prohibitions against drilling in the Marcellus Shale formation in the southern part of the state.
Formation
Articles from Formation
Chevron Spuds First Well in Duvernay Shale
Chevron Corp. spud its first well during the third quarter in Alberta’s promising Duvernay Formation, CFO Pat Yarrington said Friday.
October 31, 2011
Industry Briefs
Swift Energy Co. agreed to sell its interests in six fields in South Louisiana, two in Texas and one in Alabama to an undisclosed private oil and gas company for $53.5 million. Swift said it would use the proceeds to fund a portion its 2011 capital expenditures. Production attributable to the fields being sold averaged 10.6 MMcfe/d during 1Q2011 with aggregate proved reserves of 92.2 Bcfe (19% proved developed producing and 65% natural gas) at year-end 2010. The sale is expected to close within the next two months.
August 19, 2011
Liquids Lift Carrizo to Record Production
On the heels of selling off much of its Barnett Shale assets to focus on the liquids-rich Eagle Ford Shale and Niobrara Formation, Carrizo Oil & Gas Inc. is reporting record production rates from the second quarter of the year.
August 11, 2011
West Texas Drilling Spurring Midstream Buildout
Activity in the Delaware Basin of West Texas-southeastern New Mexico — specifically the Avalon and Wolfcamp shales and Bone Spring formation — has heated up enough for Nuevo Midstream LLC to take its gas processing plant near Orla, TX, out of mothballs. Separately last week Targa Resources Partners LP announced an anchor commitment to DCP Midstream LLC’s Sandhills Pipeline.
May 16, 2011
Midstream Buildout Targets Avalon Shale
Activity in the Delaware Basin of West Texas-southeastern New Mexico — specifically the Avalon and Wolfcamp shales and Bone Spring formation — has heated up enough for Nuevo Midstream LLC to take its gas processing plant near Orla, TX, out of mothballs.
May 10, 2011
Dejour to Drill Niobrara Vertical Test Well in May
Dejour Energy Inc. announced last Monday that it plans to drill its first vertical test well into the Niobrara formation of the Mancos Shale play in May.
May 2, 2011
Dejour to Drill Vertical Test Well into Niobrara in May
Dejour Energy Inc. announced Monday that it plans to drill its first vertical test well into the Niobrara formation of the Mancos Shale play in May.
April 28, 2011
Feds to Look for Price Fraud in Oil and Gas Markets
With an eye on rapidly rising gasoline prices, U.S. Attorney General Eric Holder last Thursday announced the formation of the Oil and Gas Price Fraud Working Group as part of the Financial Fraud Enforcement Task Force to focus specifically on fraud in energy markets.
April 25, 2011
Feds to Look for Price Fraud in Oil and Gas Markets
With an eye on rapidly rising gasoline prices, U.S. Attorney General Eric Holder Thursday announced the formation of the Oil and Gas Price Fraud Working Group as part of the Financial Fraud Enforcement Task Force to focus specifically on fraud in energy markets.
April 25, 2011
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