San Diego, CA-based Osage Exploration and Development Inc. reported Monday that it has spudded its fourth horizontal oil well in the Mississippian Lime formation and the rock quality appears promising. The well — the McPhail #2-18H in section 18-18N-3W of Logan County, OK –. is in the 30,000-plus acre Nemaha Ridge project, which is owned by Osage in conjunction with its partners, project operator Slawson Exploration Co. and U.S. Energy Development Corp.
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Articles from Fourth
FERC OKs More Storage Service in Eastern Mississippi
FERC has approved a request to place into service a fourth storage cavern at the Southern Pines Energy Center in eastern Mississippi. The project originally was proposed by Houston-based SG Resources Mississippi LLC, but it was acquired by PAA Natural Gas Storage LP (PNG) for $750 million in early 2011 (see Daily GPI, Dec. 30, 2010).
August 6, 2012
Pennsylvania DEP Launches Fourth Shale Air Emissions Study
The Pennsylvania Department of Environmental Protection (DEP) said Monday it has launched its fourth study in about two years to monitor air quality and determine potential impacts of Marcellus Shale activities, this time in the southwestern part of the state.
July 25, 2012
Devon Completes Fourth Tuscaloosa Marine Shale Well
Devon Energy recently completed its fourth horizontal well in the Tuscaloosa Marine Shale (TMS) and the initial production test figures show the strongest oil production results of the company’s TMS wells drilled to date” at 384 b/d, according to the Louisiana Department of Natural Resources (DNR).
July 16, 2012
Unit Petroleum Doubles Granite Wash Acreage with Noble Deal
Unit Petroleum Co., a subsidiary of Unit Corp., has agreed to pay $617 million to Noble Energy Inc. for oil and natural gas properties in western Oklahoma and the Texas Panhandle. The deal doubles Unit’s acreage in its Granite Wash core area.
July 12, 2012
Jersey City Attempts to Delay Construction of New Jersey-New York Project
Jersey City, NJ, has called on FERC to stay a June order approving the start of construction of Spectra Energy Corp.’s New Jersey-New York Expansion Project, a 20-mile expansion of the Texas Eastern Transmission (Tetco) and Algonquin Gas Transmission interstate pipeline systems.
July 12, 2012
Chesapeake: One Nation, Under Natural Gas…
Chesapeake Energy Corp. over the Fourth of July holiday launched an online initiative urging Americans to join the company in pushing for domestic energy independence by using more U.S. natural gas to ease dependence on OPEC.
July 10, 2012
Third Point Hedge Fund Takes Stake in Chesapeake
Activist hedge fund Third Point LLC, which has transformed more than one U.S. oil and natural gas operator, now is the fourth-largest investor in Chesapeake Energy Corp., according to stock market insiders.
July 9, 2012
Activist Hedge Fund Third Point Now Said Chesapeake Investor
Activist hedge fund Third Point LLC is now the fourth-largest investor in Chesapeake Energy Corp., according to stock market insiders.
July 5, 2012
Proposed Bakken Pipe Signs Anchor Shipper, Blasts Enbridge
Backers of the proposed High Prairie Pipeline for taking away burgeoning Bakken Shale play oil supplies fired two shots Tuesday in an attempt to untangle their 450-mile, 16-inch diameter pipeline project. They contracted with an anchor shipper for the line and filed a second complaint with a federal agency against Enbridge Energy Partners LP for blocking an interconnection of the proposed pipeline.
June 27, 2012
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