Goes

Natural gas price bears could be in for a treat over the next few months if Mother Nature goes along with WSI Corp.’s just-released forecast, which calls for the May-July period to be cooler than normal across parts of the northeastern United States, with above-normal temperatures common elsewhere, especially in the western United States.

Low natural gas prices have hit Pennsylvania, where deep-shale drilling fees collected last year fell about 3% from 2011, according to state data.

When El Paso Electric Co. goes to the market looking for more power, it considers everything, but increasingly the choice has been coming down to natural gas or renewables, particularly photovoltaic sources, COO Hector Puente told NGI.

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

When it goes into effect Sept. 10, Ohio’s SB 315 will bring regulatory change to the Ohio Department of Natural Resources (DNR) and four other state agencies, but that’s just the beginning of the changes the oil and gas industry can expect from the legislation, according to Craig Kasper, CEO of project development and engineering company Hull & Associates Inc.

When it goes into effect next month, Ohio’s SB 315 will bring regulatory change to the Ohio Department of Natural Resources (DNR) and four other state agencies, but that’s just the beginning of the changes the oil and gas industry can expect from the legislation, according to Craig Kasper, CEO of project development and engineering company Hull & Associates Inc.

ExxonMobil Corp.’s production in the Bakken Shale has reached about 32,000 boe/d, which is 60% higher than a year ago and double the amount the company was producing just three years ago, a top executive said Thursday. Two more oil-directed rigs have been added to the play in just the past three months.

It’s all about engaging the right kind of public participation and Williams has been working on that, launching a series of open house meetings along the route of its proposed 121-mile Constitution Pipeline from northeastern Pennsylvania into the heart of New York State near Albany.

The California Department of Conservation’s Oil/Gas Division goes to the heart of the state’s energy production region in Bakersfield Wednesday night to kick off a series of eight public workshops on hydraulic facturing (fracking) as a data-gathering phase prior to writing draft rules to more precisely regulate the oil/gas drilling process.