The grass has long since turned brown in Texas, with many residents now restricted as to when they can water lawns. However, in most cases municipal water curtailments have yet to reach levels that affect water takes by contract users, such as oil and gas producers.
However
Articles from However
Subcommittee Hears Criticism of BLM Oil Shale Impact Review
An environmental impact review on oil shale and tar sand plans in Colorado, Utah and Wyoming initiated earlier this year by the federal Bureau of Land Management (BLM) is an “inefficient and unnecessary” exercise, according to one Shell Exploration and Production (E&P) Co. official.
August 26, 2011
NY DEC: Norse’s Marcellus Permit Application ‘Premature’
Although Norse Energy Corp. ASA has applied for a permit to drill an unconventional gas well in New York’s portion of the Marcellus Shale, the state Department of Environmental Conservation (DEC) said the company’s application is premature.
August 1, 2011
ETE Raises Southern Union Bid by 25 Cents/Share
The tug-of-war being played out for Southern Union Co. continued on Tuesday with Energy Transfer Equity LP (ETE) topping by 25 cents a $44/share offer by Williams. The $9.4 billion bid is the second time ETE has countered Williams’ offers for the Houston-based gas pipeline company.
July 20, 2011
‘Sell Now’ Trumps ‘Buy The Dips;’ July Weakens
July futures retreated Wednesday as traders booked gains and viewed current price levels as selling opportunities. Traders, however, see market psychology as having changed to one of buying on weakness. At the close July dropped 3.7 cents to $4.629 and August shed 3.3 cents to $4.667. July crude oil tumbled $2.41 to $100.29/bbl.
June 2, 2011
Fracking Prohibition Would Turn LNG Tankers This Way, Speaker Says
Back in 2007 the United States was in store to get about 130 metric tons of liquefied natural gas (LNG) imports. However, North American shale gas plays have changed all that. But if hydraulic fracturing (fracking) well stimulation is outlawed or severely curtailed, it could be back to the future where LNG imports are concerned.
May 23, 2011
GasMart 2011: Engelder: Fracturing Won’t Contaminate Groundwater
The possibility of hydraulic fracturing (hydrofracking) contaminating groundwater by leaking to the surface through natural fractures remains “very, very unlikely,” according to the forefather of Marcellus Shale geology.
May 12, 2011
Barnett, Horn River Boost Quicksilver Q1 to Record
Quicksilver Resources Inc. set a production record in the first quarter, thanks mainly to the company’s Barnett Shale and Horn River activities. However, the company posted a net loss for the quarter due to one-time items and lower natural gas prices.
May 10, 2011
Southwestern Finds Shales More Pliable Than Utilities
Southwestern Energy Co. has proven itself in the Fayetteville Shale and is now successfully poking holes in the Marcellus. However, it hasn’t been as adept at getting utility gas buyers to put pen to long-term supply contracts.
May 2, 2011
ConocoPhillips Pursues Liquids-Heavy Unconventional Plays
Unconventional plays in North America will be ConocoPhillips’ priority going forward, with the focus on fields rich in liquids and oil, CFO Jeff Sheets said Wednesday.
April 28, 2011
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