Kick

Canadian shale drillers are seeking a liquefied natural gas (LNG) counterpart to a federal corporate tax break that helped kick-start Alberta oilsands development in the 1990s.

The potential of the New Albany Shale is still unproven, industry officials said.

The federal Bureau of Land Management (BLM) has released an environmental assessment (EA) of XTO Energy Inc.’s proposed Riverbend gas project and is seeking public comment by Oct. 10.

The California Department of Conservation’s Oil/Gas Division goes to the heart of the state’s energy production region in Bakersfield Wednesday night to kick off a series of eight public workshops on hydraulic facturing (fracking) as a data-gathering phase prior to writing draft rules to more precisely regulate the oil/gas drilling process.

An Alaska North Slope exploratory oil well that experienced “a shallow gas kick” Wednesday morning did not cause any injuries, but workers were evacuated as a precaution. The incident occurred at the Qugruk 2 drill site near Nuiqsut, about 625 miles north of Anchorage.

Much like rock ‘n’ roll, kick starting successful unconventional gas development in Europe will depend on the United States sending best practices and technical know-how across the Atlantic, according to a new report.

Much like rock ‘n’ roll, kick starting successful unconventional gas development in Europe will depend on the United States sending best practices and technical know-how across the Atlantic, according to a new report.

Having been part of the shale natural gas supply revolution, Chesapeake Energy Corp. wants to “kick-start the demand revolution,” CEO Aubrey McClendon said Monday when the company announced a $1 billion venture capital fund — Chesapeake NG Ventures Corp. (CNGV) — to invest in companies and technologies to enable replacement of gasoline and diesel fuel with natural gas and gas-to-liquids (GTL) fuels.

Better-than-expected performance in the Marcellus Shale helped Cabot Oil & Gas Corp.’s shareholders kick the stock almost 13% higher on Wednesday, the day the producer released its latest quarterly earnings.