A softening outlook for natural gas activity and an elevated recession risk may lead to some hiccups this year, but the overall forecast for North American hydrocarbons is the healthiest in years, according to Liberty Energy Inc. CEO Chris Wright. The Denver-based hydraulic fracturing (fracking) and completions expert recently issued its fourth quarter and year-end…
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Possible Constitutional Reform Worrying Mexico Energy Industry, Expert Says
“A change to the constitution is something everybody is thinking about but the road ahead looks a bit more complicated given the results of midterm elections,” David Crisostomo, associate director at IHS Markit and seasoned Mexico energy industry expert, told NGI’s Mexico Gas Price Index. “The results of the midterm elections show that the room…
Halcon Jumps Into Northern Eagle Ford with Australian Explorer
Australia’s Austin Exploration Ltd. has struck an agreement for Houston-based Halcon Resources Corp. to participate in its Birch Project in the northeastern Eagle Ford Shale. Halcon’s founders are Eagle Ford veterans, having pioneered the play with a previous company.
U.S.-Mexico GOM Boundary Pact Clears House Panel
The House Natural Resources Committee Wednesday voted out legislation to approve and implement the terms of the U.S.-Mexico transboundary hydrocarbons agreement that governs the development of shared oil and gas resources along the countries’ maritime boundary in the Gulf of Mexico (GOM).
Nebraska: Keystone XL Alternate Route Ruling Imminent
A final evaluation by Nebraska environmental officials is expected during early January regarding TransCanada Corp.’s alternative route for its proposed Keystone XL oil pipeline to avoid environmentally sensitive areas in the Sand Hills region of the state.
Crosstex Expanding Louisiana NGL Facilities
Crosstex Energy LP is proceeding with Phase II of its Cajun-Sibon natural gas liquids (NGL) pipeline extension and fractionator expansion in Louisiana.
California Drafts Frack Rules but Drilling Tepid
California oil and natural gas regulators are collecting stakeholder input on proposed rules for hydraulic fracturing (fracking) but at this point, drilling in the state has been somewhat tepid from a year ago, according to the state Division of Oil, Gas and Geothermal Resources (DOGGR).
CenterPoint Builds Texas Midstream Business in Two Deals
A CenterPoint Energy Inc. subsidiary on Tuesday bulked up its East Texas and Northwest Louisiana natural gas gathering and processing business after completing two agreements worth a total of $364 million.
Small Producer, Unconventional Resources Grants Available
The Research Partnership to Secure Energy for America (RPSEA) is seeking requests for proposals (RFP) for its Small Producer Program and its Unconventional Resources Program.
Unconventional Research Focus of New Shell Collaboration
The Houston arm of Royal Dutch Shell plc and the University of Texas at Austin (UT) are teaming up to work on new and better ways to extract natural gas and oil from unconventional rock formations.