Found

The Pennsylvania Department of Environmental Protection (DEP) is investigating the source of methane found in some water wells and a nearby stream in Lycoming County, DEP said Friday.

Despite a mini-heat wave in the Midwest proving to be short-lived, the cash market found enough support from the previous day’s futures spike and remaining high temperatures in much of the East to realize further gains at nearly all points Friday.

Calgary-based Progress Energy Resources Corp.’s chief executive said Thursday the company has found a “critical” partner to help market its natural gas in the Montney Shale of British Columbia after securing Malaysia’s national oil company Petronas (Petroliam Nasional Berhad) in a joint venture (JV) valued at about C$1.07 billion.

Normally viewed as complementary, the natural gas and wind industries found themselves more at odds last week as the American Wind Energy Association (AWEA) kicked off its annual meeting in Anaheim, CA. Windpower 2011 was less bullish than in recent years in announcing growth in megawatts and jobs, and more adversarial on regional and national debates.

Chevron Corp. CEO John Watson on Wednesday found himself face to face with some rambunctious activists who came to the annual shareholder meeting in San Ramon, CA, to voice their opposition to the oil major’s global drilling practices. In the end, however, the company’s majority shareholders won the day, turning back resolutions that included calling for more disclosure about hydraulic fracturing (hydrofracking).

Normally viewed as complementary, the natural gas and wind industries found themselves more at odds Monday as the American Wind Energy Association (AWEA) kicked off its annual meeting in Anaheim, CA. Windpower 2011 was less bullish than in recent years in announcing growth in megawatts and jobs.

The operators of two natural gas drilling waste disposal wells in Arkansas have agreed with regulators to keep the wells shut in while an ongoing study of their potential link to seismic activity in the area continues (see Shale Daily, March 17).

Despite the opposition of Gov. Tom Corbett, Pennsylvania lawmakers from both sides of the aisle continue to look for ways to generate revenue from the Marcellus Shale.

With Friday’s deadline approaching to comment on the Delaware River Basin Commission’s (DRBC) draft water quality amendments, the industry-led Marcellus Shale Coalition (MSC) on Tuesday outlined its concerns and said the proposed rules exceed the multi-state commission’s legal authority and duplicate state jurisdiction.