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Montreal-based producer Gastem Inc. said Thursday its Ross No.1 vertical well in the New York portion of the Marcellus Shale has been completed and is testing 150 MMcf/d after four weeks of “extended flow.”

An El Paso Corp. subsidiary and Spectra Energy Corp. have executed a memorandum of understanding to jointly develop the proposed Marcellus Ethane Pipeline System (MEPS) project.

Feeding off bleak fundamentals, which include the final act of the uneventful 2010 Atlantic hurricane season, November natural gas futures on Friday recorded a new 12-month low, which could open the door to even lower values in the weeks ahead.

An action plan to improve the health of the Chesapeake Bay and the Susquehanna River watershed, including some activities that focus on the impact of drilling for natural gas in the Marcellus Shale, is under way by federal officials.

Enterprise Products Partners LP is targeting the Eagle Ford Shale for infrastructure development in a big way, last week announcing multiple projects that include hundreds of miles of pipe and additional processing and fractionation capacity. The partnership plans to extend and expand its gas and natural gas liquids (NGL) capabilities in South Texas and Mont Belvieu, TX, its traditional backyard.

The Pennsylvania Oil and Gas Association (POGAM) and the Independent Oil and Gas Association of Pennsylvania are merging to become the Pennsylvania Independent Oil and Gas Association (PIOGA) with about 700 members.

The Pennsylvania Oil and Gas Association (POGAM) and the Independent Oil and Gas Association of Pennsylvania are merging to become the Pennsylvania Independent Oil and Gas Association (PIOGA) with about 700 members.

With a nod toward the oil and natural gas sector, the U.S. Environmental Protection Agency (EPA) last week proposed to include additional emissions sources in its first-ever national mandatory greenhouse gas (GHG) reporting system.

Diversification to include renewable energy development can help the oil and gas (O&G) industry while boosting the goals of various European Union (EU) policymakers, according to a report from the U.S.-based consulting firm Frost & Sullivan (F&S). It said “one of the most attractive areas” of diversification for O&G is offshore wind projects.