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Ohio Regulators Fine-Tune Unitization Process

In an attempt to make the process smoother for oil and gas companies applying for unitization in the emerging Utica Shale, the Ohio Department of Natural Resources (ODNR) has unveiled a series of new application requirements.

July 18, 2013

Pennsylvania Governor Signs Controversial Drilling Bill

Pennsylvania Gov. Tom Corbett signed 29 bills into law on Tuesday, including SB 259, which the state’s chapter of the National Association of Royalty Owners (NARO) has derided as “a kissing cousin to forced pooling.”

July 12, 2013

Ohio Appeals Court Upholds Lease Provision on Covenants

An appeals court in Ohio upheld a local court’s ruling that an operator is not required to fully develop leased property, and disagreed with a landowner’s demand that the undeveloped portion be surrendered and subsequently leased to other oil and gas companies.

June 19, 2013
Northeast Shale Challenges Bigger, Not Different, Says Williams Exec

Northeast Shale Challenges Bigger, Not Different, Says Williams Exec

No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now “four years into a 50-year play,” but ensuring that there’s enough infrastructure for adequate takeaway will take some time, a top Williams executive said Tuesday.

May 23, 2013

Murkowski Outlines U.S. Energy Policy Vision

Dismayed by the “muddle that we currently know as federal energy regulatory policy,” the ranking Republican on the Senate Committee on Energy and Natural Resources Monday published her own energy vision for the future.

February 11, 2013

Murkowski Outlines U.S. Energy Policy Vision

Dismayed by the “muddle that we currently know as federal energy regulatory policy,” the ranking Republican on the Senate Committee on Energy and Natural Resources Monday published her own energy vision for the future.

February 5, 2013

Court Denies Appeals Route for Ohio Oil, Gas Well Permits

The Ohio Supreme Court ruled on Wednesday that the state Oil and Gas Commission does not have jurisdiction to hear an appeal of oil or gas well permits issued by the chief of the Division of Mineral Resources, a branch of the Ohio Department of Natural Resources (ODNR).

February 4, 2013
Fitch: Despite Shales, Foreign Oil Still Necessary

Fitch: Despite Shales, Foreign Oil Still Necessary

Make no mistake, the shale boom is a great thing for the country, but anyone expecting it to yield energy independence is in need of a reality check, according to Fitch Ratings.

January 14, 2013

Freeport Back to E&P with $9B Deal for PXP, McMoRan

Mining giant Freeport-McMoRan Copper & Gold Inc. last week put a $9 billion cash-and-stock transaction — $20 billion total including debt — on the table to buy U.S. producers Plains Exploration & Production Co. (PXP) and McMoRan Exploration Co., a deal that is expected to vault Freeport into the upper ranks of domestic producers but initially with faltering shareholder support.

December 10, 2012

Dow Exec Sees Significant Gas Demand Increase Over Next Two Years

A Dow Chemical Co. executive said he believes the chemical industry will need several additional Bcf/d of natural gas in as little as two-years’ time, when a long list of petrochemical plant projects begin to come online. It’s a demand that should be easy to meet, he said, as long as the United States hasn’t given away its competitive advantage in the marketplace — a gift from shale gas — through the undisciplined export of liquefied natural gas (LNG).

October 29, 2012
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