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Apache’s North American Onshore Output Jumps 45%

Apache Corp., which now claims to be the second biggest North American onshore operator, reported a 45% increase in total liquids output year/year in the United States and Canada, driven by a revamped drilling program in the legacy Permian and Anadarko basins.

May 10, 2013

EnerVest Utica Acreage Marketed in 13 Packages

EnerVest Ltd. hasn’t nailed down buyers for some of its Utica Shale portfolio in Ohio, but there is plenty of interest in the big leasehold. Now it’s a matter of getting the right prices and the right terms, CEO John Walker said Tuesday.

April 18, 2013

‘World Scale’ Petrochem Complex Not Only Answer, Says Developer

Royal Dutch Shell plc hasn’t given any indication that it will back out of plans to build a world-scale petrochemical complex in Pennsylvania, but a developer working on a smaller project in the Northeast thinks bigger isn’t always better.

February 6, 2013

Chesapeake Puts Cana Woodford Properties on Market

Chesapeake Energy Corp. is selling legacy properties in the Cana Woodford Shale, including the rights to 298 producing wells, “because it does not have the drilling budget to adequately develop the abundant additional opportunities in the area,” according to a sales listing. Ninety-eight percent of the leases are held by production.

September 4, 2012

Polls: Public Opinion on Fracking in New York Mostly Unchanged

Two separate polls conducted in New York State have found that public opinion of hydraulic fracturing (fracking) hasn’t changed much over the past year.

August 1, 2012

U.S. E&P Spending Forecast to Jump 9.6% in 2012

A sharp drop in natural gas prices and recent weakness in oil prices hasn’t stalled too much U.S. exploration and production (E&P) spending, which is expected to jump by 9.6% to $143 billion this year, according to 239 domestic producers surveyed by Dahlman Rose & Co.

July 9, 2012

PHMSA’s Quarterman Expects Pipe Safety Bill by Year-End

Although the full House hasn’t acted on its pipeline safety re-authorization legislation yet, a leading Department of Transportation (DOT) official said she is confident that the bill will clear Congress this year.

November 21, 2011

Global Energy Giant Total Keeps Eye on Shale

Even though its home country of France has nixed shale gas and oil exploration, Paris-based Total will continue to seek unconventional resources, a spokesman told NGI’s Shale Daily. Total sees gas as a major player on the world’s energy stage over the next 20 years.

October 26, 2011

Williams Dogs Energy Transfer, Throws Southern Union New Bone

Williams hasn’t given up on a plan to steal Southern Union Co. from Energy Transfer Equity LP (ETE) and late Tuesday offered to buy the company for $44/share in cash — the same amount on paper that it offered in July.

August 18, 2011

NGL Demand for Feedstocks Still Strong, Say Executives

The plunge in oil prices in recent months hasn’t begun to pressure North American chemical producers to shift their feedstocks from natural gas liquids (NGL) products, according to midstream and chemical company executives.

August 15, 2011
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