Mexico President Andrés Manuel López Obrador last Friday sent a bill to congress to amend the Hydrocarbons Law and grant the state greater control over granting and revoking permits in the oil, gas and petrochemicals business. López Obrador on Monday said the bill was designed to “remove the sharpest edges” of the 2013-2014 energy reform…
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U.S. Still Rules in Global Natural Gas, Oil Production, Says EIA
The United States in 2016 remained the world’s top natural gas and petroleum hydrocarbon producer for the fifth year in a row, even with declines relative to2015 levels, the Energy Information Administration (EIA) said Wednesday.
United States Again Largest Producer of Petroleum, NatGas Hydrocarbons in 2015, EIA Says
The world’s top producer of petroleum and natural gas hydrocarbons last year was, once again, the United States, according to the U.S. Energy Information Administration (EIA).
Closing In on Colorado ‘Spill’ Source; Still No Major Impact
Colorado state energy officials Thursday added new information surrounding a small hydrocarbon spill in the Parachute Creek area of the Western Slope. On Tuesday investigators focused on a valve box for a pipeline carrying natural gas liquids (NGL) away from a Williams Co. unit’s gas processing plant.
Compromise Sought on North Dakota Energy Bills
As one of the hottest growing hydrocarbon areas in North America, North Dakota’s legislature has been immersed this year with various proposals to deal with oil and natural gas-related issues. So far, the stakeholders embroiled in the debate are not sure which, if any, bills will make it through the legislative meat grinder.
North Dakota Lawmakers Debate Energy Bills
As one of the hottest growing hydrocarbon areas in North America, North Dakota’s legislature has been immersed this year with various proposals to deal with oil and natural gas-related issues. So far, the stakeholders embroiled in the debate are not sure which, if any, bills will make it through the legislative meat grinder.
‘Nothing’ Off the Table to Lift Value, Says Devon CEO
Devon Energy Corp.’s North American onshore oil production jumped year/year 20% in 2012 as it continued to makeover its natural gas-weighted portfolio to higher margin liquids and oil targets, but more still needs to be done to squeeze the value of its portfolio, CEO John Richels said Wednesday. Oil appears to be the answer, and dry natural gas development still is off the table.
USGS: Utica Pales in Comparison to Marcellus, Greater Green River
The Utica Shale holds an estimated 38 Tcf of undiscovered, technically recoverable natural gas, or less than half that of the Marcellus Shale, according to the first assessment of the Appalachian Basin play by the U.S. Geological Survey (USGS). An estimated 940 million bbl of unconventional oil resources and 9 million bbl of natural gas liquids (NGL) also are trapped in Utica rock, said scientists.
EIA Data Shows Shale Gas Development Helped Break Records in 2011
The U.S. Energy Information Administration (EIA) said the nation set new records for natural gas gross withdrawals, onshore production and the number of producing wells, figures that were boosted in part by shale gas development. Records were also set in domestic consumption, exports and dry and marketed production.
North Dakota OKs Ethane Pipeline to Alberta
It will add to the hydrocarbon-rich state’s mitigation of flared associated natural gas supplies in the Bakken Shale play.