Found

Quicksilver Resources Inc. found a silver lining in the recent decision by Canada’s National Energy Board (NEB) to reject TransCanada Corp.’s Komie North Extension pipeline project in the Horn River Basin. However, the company is still on the ropes financially, has cut its spending plans and is still seeking partners/asset sales.

Quicksilver Resources Inc. found a silver lining in the recent decision by Canada’s National Energy Board (NEB) to reject TransCanada Corp.’s Komie North Extension pipeline project in the Horn River Basin.

A group of environmental organizations has written to the Environmental Protection Agency’s (EPA) Region 6 administrator alleging that politics and not science caused the agency to drop a water contamination case against Range Resources Corp. and calling for a resumption of legal action.

The Ohio Department of Natural Resources (ODNR) has permanently revoked the operating permits for two companies, D&L Energy Inc. and Hardrock Excavating LLC, after employees were seen dumping oilfield waste into a storm drain in Youngstown that empties into the Mahoning River.

Aubrey McClendon’s announced retirement from Chesapeake Energy Corp., the company he helped to found and then grow into an unconventional natural gas behemoth, may end one point of controversy for the debt-ridden operator, but it won’t solve many of the financial problems ahead, pundits said last week.

An updated study of Texas water use has found that oil and natural gas producers are using more water for hydraulic fracturing (fracking), but they’re also recycling more, making it important to distinguish between water “use” and “consumption.”

A six-foot section of a 20-inch diameter Columbia Gas Transmission system that ruptured Dec. 11 in West Virginia had wall thickness measured as low as 0.078 inches, significantly thinner than the nominal wall thickness of 0.281 inches when the pipeline was installed in 1967, according to a preliminary report issued Wednesday by the National Transportation Safety Board (NTSB).

In a soon-to-be released study, the chief economist of the Commodity Futures Trading Commission (CFTC) has found that high-speed traders (HFT) are moving in on the profits of traditional investors in financial markets.

An estimated 1 Tcf of natural gas has been found off the southeastern coast of the Republic of Trinidad and Tobago, according to a unit of BP plc.