Keystone

Utica Researcher: Decline Curve Data Needed for Accurate Output Forecast

Utica Researcher: Decline Curve Data Needed for Accurate Output Forecast

A professor at Ohio’s Cleveland State University (CSU) said permitting activity in the Utica Shale this year is in line with projections but further success in the play depends on obtaining accurate decline curve data for production over a longer period of time.

September 20, 2012
New York’s Bloomberg, George Mitchell: ‘We Can Frack Safely’

New York’s Bloomberg, George Mitchell: ‘We Can Frack Safely’

New York City Mayor Michael Bloomberg and unconventional drilling pioneer George Mitchell last week offered their unqualified support and a big financial boost for “common sense” hydraulic fracturing (fracking) regulations, just days ahead of expected new guidelines for New York state drillers.

August 28, 2012

Pennsylvania Governor Signs Budget, Ethane Cracker Tax Breaks

Pennsylvania Gov. Tom Corbett on Saturday signed the state’s $27.7 billion budget for 2012-13, which includes modifications to the tax code that could potentially offer billions in tax breaks to companies investing in an ethane cracker and associated manufacturing facilities.

July 3, 2012

Another ‘Public Utility’ Gathering Plan Abandoned in Pennsylvania

Peregrine Keystone Gas Pipeline LLC has abandoned its plans for a gathering system in the Marcellus Shale of southwest Pennsylvania, the final chapter in the efforts of three companies that had sought public utility status for projects in the state.

June 15, 2012

People, Not Government, Seen as Key to Energy Independence

The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.

February 23, 2012

Canadian Regulators Approve Enbridge’s Bakken Pipe Project

Canada’s National Energy Board (NEB) has approved Enbridge Bakken Pipeline Co. Inc.’s plans to build the 77-mile Bakken Pipeline Project Canada, which would connect to the Enbridge Pipelines Inc. (EPI) Mainline and carry crude oil from the Bakken Shale to North American refinery markets.

December 27, 2011

Crestwood to Enter Marcellus Via Tygart Valley Project

Crestwood Midstream Partners LP has signed a memorandum of understanding with Mountaineer Keystone LLC to build a 42-mile natural gas gathering system in northeast West Virginia, a project that would for the first time open the Marcellus Shale to the Houston-based midstream partnership.

December 16, 2011

Pennsylvania Senate Passes Drilling Impact Fee, 29-20

The Pennsylvania Senate approved a 3% impact fee on oil and natural gas drillers on Tuesday night, moving the Keystone State one step closer to possibly generating revenue from Marcellus Shale development. Meanwhile the state House of Representatives, after three days of tacking on amendments, is poised to pass its own competing bill Thursday (Nov. 17).

November 17, 2011
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