Issue

Pennsylvania Passes Budget Without Marcellus Fee

Pennsylvania Gov. Tom Corbett signed a state budget last Thursday that did not include a tax or fee on Marcellus Shale development, but lawmakers expect to revive the issue this fall.

July 4, 2011

Driller Sues City Over Fracking Ban

Northeast Natural Energy (NNE) has filed suit in circuit court against the City of Morgantown, WV, to prevent the city from enforcing its new ordinance banning hydraulic fracturing (fracking).

June 28, 2011

Ohio Drilling Bill Nears Passage

Legislation that would open leasing on all property owned by the state government — including state parks — to oil and gas companies is advancing through the Ohio General Assembly and is expected to pass.

May 23, 2011

House GOP Blocks Tax Break Repeal; Senate on Deck

House Republicans fought back a Democratic drive last Thursday to repeal a major tax break for oil and natural gas producers. The issue now moves to the Senate, where its fate is uncertain.

May 16, 2011

Inflation, Weather Expected to Guide E&P 1Q Reports

A shortage of onshore drilling equipment capable of blasting into shale is contributing to double-digit inflation in some of the big U.S. unconventional plays, an issue expected to be played out over the coming weeks as North American exploration and production (E&P) companies unveil earnings for the first three months of 2011.

April 25, 2011

Inflation, Weather Expected to Guide E&P 1Q Reports

A shortage of onshore drilling equipment capable of blasting into shale is contributing to double-digit inflation in some of the big U.S. unconventional plays, an issue expected to be played out over the coming weeks as North American exploration and production (E&P) companies unveil earnings for the first three months of 2011.

April 25, 2011

Is It Time for the Barnett to Bow to Haynesville?

Pipeline flows recorded by Bentek Energy LLC show that Louisiana’s Haynesville Shale region has surpassed the Fort Worth Basin/Barnett Shale region of North Texas in natural gas output. The two shale plays themselves are neck and neck in output. While it’s too soon to call a new Lower 48 shale king, all signs are that the Barnett will soon bow to the Haynesville.

March 22, 2011

Transportation Notes

Demand exceeding capacity has resulted in a linepack loss downstream of Stations 245 and 321, Tennessee said, prompting it to issue Critical Day 1 OFOs for all LMS-PA Balancing Parities in Zones 5 and 6 effective Sunday. The OFOs will be in addition to Action Alerts implemented Friday in those zones along with one in Zone 4, Tennessee said.

January 24, 2011

Survey Finds Public Support for Pennsylvania Severance Tax

Public support for a state-imposed tax on natural gas drilling in Pennsylvania’s Marcellus Shale region remains solid, according to the results of a survey of 800 registered voters conducted between Dec. 27 and Jan. 2.

January 18, 2011

Transportation Notes

Due to cold weather in its service area, MRT said it will issue a System Protection Warning (SPW) for northbound flows effective Friday until further notice; see the bulletin board for SPW conditions.

January 7, 2011
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