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Nebraska DEQ Gets Keystone XL Pipe Route Alternatives

The Nebraska Department of Environmental Quality (DEQ) said Thursday it has begun looking at alternative routes for the proposed Keystone XL oil pipeline suggested by its sponsor, Alberta-based TransCanada Corp. This means the start of a public hearing process by DEQ.

April 23, 2012

USGS: Considerable Conventional Energy Resources Outside U.S.

An analysis of resources in 171 geologic provinces, including Canada and Mexico and several Arctic provinces — but excluding the United States — found that the world holds an estimated 5,606 Tcf of undiscovered, technically recoverable conventional natural gas, according to a new U.S. Geological Survey (USGS) report.

April 20, 2012

Report: States Not Prepared for Water Scarcity

A majority of states, including many deeply involved in shale development, are not preparing for the ways a changing climate might impact future water supplies, according to a new report from the National Resources Defense Council (NRDC).

April 9, 2012

Poland’s Latest Shale Gas Numbers a Fraction of EIA Estimates

Poland’s technically recoverable shale gas resources are much lower than projections made last year by the U.S. Energy Information Administration (EIA), according to a report issued Wednesday.

March 26, 2012

Investors Rally for Bargain Buy in the Barnett

Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.

March 19, 2012

Dry Gas Bargain in the Barnett Gets Investor Attention

Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.

March 19, 2012

MDU Resources Unit Sets Bakken Production Record

MDU Resources Group Inc.’s Fidelity Exploration & Production Co. has set a new Bakken Shale production record of 3,500 net boe/d from its operated wells. Including nonoperated wells, production exceeds 5,000 net boe/d, the company said Monday.

March 13, 2012

All Stakeholders in Pavillion Water Well Testing Fracas to Join in Retest

Wyoming Gov. Matt Mead, the Environmental Protection Agency (EPA), the U.S. Geological Survey (USGS), community representatives and Indian tribes will collaborate on the retesting of two water wells near hydraulic fracturing (fracking) operations near Pavillion, WY, which were the subject of a controversial EPA report last December (see Shale Daily, Dec. 21, 2011).

March 12, 2012

MarkWest Utica, Gulfport Set Sights on Utica Infrastructure

MarkWest Utica EMG LLC said Tuesday it has an agreement in principle with Gulfport Energy Corp. and some undisclosed producers to develop extensive midstream infrastructure in the liquids-rich portion of eastern Ohio’s Utica Shale.

March 8, 2012

Kasich Plan Would Tax Unconventional Wells, NGLs

Ohio Gov. John Kasich will reportedly unveil a proposal next week to restructure state taxes on oil and gas drilling — including implementing new taxes on hydraulic fracturing (fracking) and natural gas liquids (NGLs) — then pass the savings along to Ohioans in the form of a personal income tax cut.

March 6, 2012
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