Future

U.S. Onshore Still Tops for Investment, Says Tudor

The onshore United States “remains the No. 1 place for investment” and the likelihood for future dealmaking “remains high,” according to Tudor, Pickering, Holt & Co. (TPH) CEO Bobby Tudor.

October 1, 2012

Industry Briefs

UGI Energy Services Inc. and Capitol Energy Ventures Corp. have taken firm capacity on the proposed Commonwealth Pipeline, making them anchor shippers on the project, which is sponsored by Inergy Midstream LP, UGI Energy and Capitol Energy. The contracts are for 10 years at negotiated rates. Commonwealth would provide a path for bringing gas produced in the Marcellus and Utica shale plays to markets in central and southeastern Pennsylvania and the greater Mid-Atlantic region (see Shale Daily, May 8). The proposed interstate pipeline will consist initially of 120 miles of 30-inch diameter pipeline extending from the southern terminus of the Inergy Midstream’s MARC I Pipeline in Lycoming County, PA, to several points of interconnection in southeastern Pennsylvania with other interstate pipelines, including NiSource Gas Transmission and Storage, Texas Eastern Transmission Co., Transco Pipeline, and Eastern Shore Natural Gas Co.

September 27, 2012

Pennsylvania Governor: Marcellus Driving Jobs, Economy

Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference last Thursday in Philadelphia.

September 24, 2012

Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy

Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference in Philadelphia on Thursday.

September 21, 2012
Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy

Pennsylvania Governor Says Marcellus Shale Driving Jobs, Economy

Saying it is “a great time to be a Pennsylvanian,” Gov. Tom Corbett thanked the oil and natural gas industry for bringing thousands of jobs to his state and predicted an even brighter future as he kicked off the Marcellus Shale Coalition’s Shale Gas Insight 2012 Conference in Philadelphia on Thursday.

September 21, 2012

These Artists Don’t Like Fracking

She was blamed by many for breaking up The Beatles, and what John Lennon’s widow Yoko Ono and his son Sean Lennon are trying to do to hydraulic fracturing (fracking) won’t endear her to oil and gas producers either.

August 30, 2012
States Doing Better Job on Fracking, Wyoming Governor Says

States Doing Better Job on Fracking, Wyoming Governor Says

Helping lead the charge for an eventual bipartisan and serious discussion about the future U.S. energy policy, Wyoming Gov. Matt Mead said Friday the federal government “doesn’t have a corner on the market” for regulating the oil and natural gas drilling process of hydraulic fracturing (fracking).

August 29, 2012

New York Energy Official Lauds Natural Gas As ‘Bridge Fuel’

An energy official in New York Gov. Andrew Cuomo’s administration said natural gas is being viewed as a potential “bridge fuel” to the future, when technological advances will presumably open the door for renewables.

August 20, 2012

CBO: Lifting of Drilling Ban Would Add Little Revenue, Production

The federal government would realize only a minor increase in gross oil and natural gas proceeds and production if all federal lands that are off-limits were immediately opened to leasing, according to a study by the Congressional Budget Office (CBO).

August 13, 2012

Arkansas Tax Hike Backer Appeals to SEC

The backer of an initiative to raise the severance tax Arkansas charges natural gas producers has appealed to the U.S. Securities and Exchange Commission (SEC) to scrutinize two energy producers for their indirect funding of anti-tax hike groups and what those groups are telling voters.

June 29, 2012