States are being shortchanged hundreds of millions of dollars by low-ball royalties for oil and natural gas development on federal lands, a report released Thursday by a Denver-based nonpartisan think tank says, based on an analysis of seven states.
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Report: States Losing on Low Federal Oil and Gas Royalties
States are being shortchanged hundreds of millions of dollars by low-ball royalties for oil and natural gas development on federal lands, a report released Thursday by a Denver-based nonpartisan think tank says, based on an analysis of five western states, plus North Dakota and Texas.
Fracking ‘Not Significant’ Cause of Tremors, Say UK Researchers
After studying hundreds of thousands of hydraulic fracturing (fracking) operations, the practice was determined to have caused noticeable tremors at the surface in only three cases and was “not a significant” source of earthquakes, according to researchers at UK’s Durham University.
Ohio Judge Upholds Class Action Suit, Denies XTO Motion to Intervene
An Ohio judge has upheld a class action lawsuit against a Utica Shale driller, a decision that could release hundreds of landowners from undeveloped oil and natural gas lease agreements.
Pennsylvania Driller Buys Chesapeake Leases in New York
A Pennsylvania driller has bought more than 56,000 acres of leasehold, hundreds of producing natural gas wells and nearly 200 miles of natural gas pipeline and other infrastructure in New York state from a subsidiary of Chesapeake Energy Corp. It said it plans to drill vertical wells on the acquisition acreage this year.
Natural Gas Said to Dethrone Coal
After hundreds of years of being the dominant source for electrical power generation, commodity analysts said the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.
Marcellus Shale Coalition Unveils Supply Chain Recommended Practices
Laying out a blueprint for how small- and medium-sized businesses can take advantage of the opportunities provided within the current U.S. natural gas development boom, the Marcellus Shale Coalition (MSC) has released the second in a series of recommended practices aimed at bolstering the Marcellus Shale region’s supply chain.
Natural Gas Giving Coal An Uncertain Future, Analysts Find
After hundreds of years of being the dominant source for electrical power generation, separate reports by the commodity analysts and the media say the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.
Reports: King Coal Being Dethroned by Natural Gas
After hundreds of years of being the dominant source for electrical power generation, separate reports by the commodity analysts and the media say the coal industry faces an uncertain future as natural gas prices remain low and utilities build new power plants fueled by natural gas.
Equitrans Informs FERC About Pipeline Construction Accident
Equitrans LP has informed FERC that it accidentally spilled hundreds of gallons of drilling mud and chemicals into a creek in southwest Pennsylvania in April while building a Marcellus Shale pipeline.