A rising rig count and increased oil and gas spending are again spurring Texas employment, with the energy sector leading job growth in the state during May.
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North Dakota’s chief energy regulator on Tuesday called the latest oil and natural gas production numbers “happy, happy, happy,” despite continuing low commodity prices.
Natural gas and oil production out of the nation’s seven most prolific unconventional plays is expected to continue its relentless push higher in July, according to data from the Energy Information Administration (EIA).
In the midst of a historic budget impasse, West Virginia’s severance tax collections have again provided a glimmer of light, as higher natural gas prices and more coal sales in May helped push state revenue 20% above projections to $350.4 million.
Enable Midstream Partners LP on Wednesday announced a new Anadarko Basin rich gas takeaway project called Project Wildcat.
BHP Billiton Ltd. on Wednesday detailed a sweeping plan to accelerate some U.S. activity onshore and offshore, highlighting plans to raise more natural gas rigs in the Haynesville Shale, swap land in the Permian Basin, complete more wells in the Eagle Ford Shale and sell off the Fayetteville Shale portfolio.
Benefitting from a recent acquisition and production growth from legacy assets, Sanchez Energy Corp. is currently producing at a record level of about 76,000 boe/d, the company said Wednesday.
Marketed natural gas production increased from two shale-heavy states in 2016, but that was overshadowed by a 2.5 Bcf/d decline in Texas, resulting in an overall national decline compared with 2015, the first annual decline in more than a decade, according to the Energy Information Administration (EIA).
On a 2-1 vote, the state of Washington Utilities and Transportation Commission (UTC) on Monday rejected a request by Spokane-based Avista Utilities to have its natural gas and electric rate case decisions from December reconsidered. UTC Chairman David Danner and Commissioner Ann Rendahl voted not to reconsider or rehear the 2016 rate case decision, while Commissioner Phil Jones, who filed a dissent in the original 2-1 decision, did so again on Monday. Avista’s petition for a rehearing was opposed by UTC staff, the public counsel unit of the state Attorney General’s Office, the Industrial Customers of Northwest Utilities, and the Northwest Industrial Gas Users. The combination utility had requested a two-phase increase of $4.4 million (5%) for natural gas rates the first 12 months and an additional $900,000 annual increase (1.8%) after 18 months; electric rates were pegged for a $38.6 million (7.8%) increase at first with an added $10.3 million (3.9%) after 18 months. The two commissioners in the majority decided that Avista failed to show that its current rates are not sufficient to meet its operating needs. Avista has 30 days to petition for judicial review in a state Superior Court.
As state budget hearings kicked-off on Tuesday, calls to increase the Pennsylvania Department of Environmental Protection’s (DEP) general fund appropriations were again voiced, this time by the agency’s Citizens Advisory Council.