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Chesapeake Eyes IPO for Oilfield Services Unit

Chesapeake Energy Corp., which continues to shed assets or secure partners to pare debt, late Monday laid plans to launch its diverse onshore oilfield services unit through an initial public offering (IPO), but the separate company would continue to be closely tied to its main customer, the Oklahoma City-based producer.

April 18, 2012

MarkWest: Utica More Competitive Than Marcellus

The early days of the Utica Shale are proving to be far more competitive than the early days of its cousin, the Marcellus Shale, the head of a major midstream player told NGI’s Shale Daily.

March 15, 2012

Spectra Announces Marcellus Projects as Delay Threatens Another

In Appalachia, gas from the Marcellus Shale is pushing out in all directions. Producer demand for takeaway capacity is great, prompting Spectra to announce this week its Northeast Expansion Transmission (NEXT) project to serve markets in Eastern Canada and its Algonquin Incremental Market (AIM) project to meet New England demand with gas from Pennsylvania.

January 20, 2012

Chesapeake Midstream Buys Marcellus System, Eyes More Growth

With one transaction, Chesapeake Midstream Partners LP (CHKM) has become the “biggest gathering system in the Marcellus Shale,” CEO J. Mike Stice said Thursday.

January 3, 2012

Shale Gas Industry Said Facing ‘Period of Great Uncertainty’

The world shale gas industry has undergone big changes industrywide in just a year’s time and it still faces a “period of great uncertainty and policy challenges,” an energy expert said last week.

November 14, 2011

Shale Gas Industry Facing ‘Period of Great Uncertainty,’ Says Expert

The world shale gas industry has undergone big changes industrywide in just a year’s time and it still faces a “period of great uncertainty and policy challenges,” an energy expert said Tuesday.

November 10, 2011

Ohio Governor Becomes Shale Gas Cheerleader

The promise that shale natural gas holds to transform Ohio’s economy — and that of the nation — is too great to dismiss because of “misconceptions” about hydraulic fracturing (fracking), Gov. John Kasich said Thursday.

September 26, 2011

Santa Barbara County Enters California Fracking Debate

Government officials, environmentalists and industry representatives carried the debate on hydraulic fracturing (fracking) to California’s south-central coast last Thursday in Santa Barbara County, and while there was no across-the-board agreement, local elected officials did voice surprise that fracking is a potential issue in their county where offshore oil/gas development has had a long-standing love-hate relationship with residents.

September 8, 2011

The Economist Sees Natural Gas as ‘Cleaner, Not Cooler’

The boom in shale gas and the increased use of natural gas will solve some, but not all, of the world’s problems with energy use, according to an essay, one of two articles on the world impact of shale gas in a recent issue of the British weekly news magazine, The Economist.

August 17, 2011

Thousands of Marcellus Jobs Possible in New York, Pennsylvania

Calling development of the Marcellus Shale play “a great opportunity” for New York, the Public Policy Institute of New York State Inc. (PPI) said a scenario where 500 gas wells were drilled every year in the state would create 62,620 jobs, $2.7 billion in added value and $1 billion in local, state and federal tax revenue.

August 8, 2011