Indicated

Southwestern Could Spend Less on Fayetteville in 2012

One year after spending $1.9 billion on capital expenditures (capex) in the Fayetteville Shale play (see Shale Daily, Dec. 21, 2010), Southwestern Energy Co. (SWN) indicated that it would probably spend less there in 2012 as overall gas production and net income and earnings continued to rise.

November 1, 2011

Big Storage Build Already Factored into Market; November Up

November natural gas rose on heavy volume Thursday in spite of an inventory report that indicated increases not only greater than historical norms but also higher than what analysts expected.

October 14, 2011

Marcellus Shale Coalition Sees Vindication in EIA, USGS Data

Production data issued by the Energy Information Administration (EIA) Tuesday — which indicated that increased drilling in the Marcellus Shale has been the leading force in the growth of natural gas production in the northeastern United States — combined with a recent U.S. Geological Survey (USGS) report, demonstrates that the Marcellus Shale is hardly the shrinking violet some mainstream media reports have claimed, according to the Marcellus Shale Coalition (MSC).

September 1, 2011

Flooding, Bakken Clarified by MDU Executives

June’s flood in and around the Bakken Shale play in North Dakota has been a setback for all the producers in the area, but it may not be as devastating as earlier reports indicated, MDU Resources Group Inc. senior executives said Tuesday during a second quarter earnings conference call.

August 8, 2011

Flooding, Bakken Clarified by MDU Executives

June’s flood in and around the Bakken Shale play in North Dakota has been a setback for all the producers in the area, but it may not be as devastating as earlier reports indicated (see Daily GPI, June 28), MDU Resources Group Inc. senior executives said Tuesday during a second quarter earnings conference call.

August 4, 2011

New Morgantown Mayor Concerned About Fracking Ban

The new mayor of Morgantown, WV, said he is concerned about the potential legal ramifications from the city’s new ordinance banning hydraulic fracturing (fracking), but he indicated that the city will keep the ban in place for now.

July 18, 2011

New Morgantown Mayor Worried About Fracking Ban

The new mayor of Morgantown, WV, said he is concerned about the potential legal ramifications from the city’s new ordinance banning hydraulic fracturing (fracking), but he indicated that the city will keep the ban in place for now.

July 13, 2011

Ottawa Ready to Intervene on Fracking If Necessary

Canada’s environment minister indicated that the federal government in Ottawa was keeping a close eye on hydraulic fracturing (fracking) and was prepared to intervene if it thought either the provincial or territorial governments weren’t doing enough to safely regulate the procedure.

June 22, 2011

Boroughs Nix Lease Proposal in Suburban Pittsburgh

Two communities in suburban Pittsburgh voted against a proposal for their regional park authority to sign a five-year, non-surface lease with a land brokerage firm this week, effectively killing the deal.

April 19, 2011

It’s Spring, But Winter Still Has Price-Lifting Kick

The transition to spring may have officially occurred Sunday, and sources indicated that many people were enjoying the appropriate weather. But there seems to be some trouble getting Old Man Winter off the seasonal stage, as a significant winter storm bearing snow starts moving westward from the Plains into the Midwest as early as Tuesday. From there colder conditions will continue spreading through the Northeast and eventually the South.

March 22, 2011