Tag / Know



Environmental Groups File Fracking Complaint with Wyoming Court

A consortium of environmental groups has filed a petition with a Wyoming district court, seeking to require the state Oil and Gas Conservation Commissions to disclose information about specific chemicals used in the hydraulic fracturing (fracking) of oil and natural gas wells that are being kept confidential for proprietary business reasons.

March 28, 2012

Shell Secures First-Ever PSC for China’s Shale Gas

A unit of Royal Dutch Shell plc has inked a milestone agreement with Chinese officials to use its technical know-how to develop shale gas in a first-ever production sharing contract (PSC).

March 22, 2012

Marubeni Adds Eagle Ford Stake to Shale Portfolio

A unit of Japan’s Marubeni Corp. has struck a deal to acquire a 35% stake in Dallas-based Hunt Oil Co.’s Eagle Ford Shale holdings. Marubeni pledged Friday to grow its stake in shales, in the United States and around the world.

January 9, 2012

Chesapeake Midstream Buys Marcellus System, Eyes More Growth

With one transaction, Chesapeake Midstream Partners LP (CHKM) has become the “biggest gathering system in the Marcellus Shale,” CEO J. Mike Stice said Thursday.

January 3, 2012

BLM Opens Public Comment on EOG Uinta Drilling

The Bureau of Land Management (BLM) recently opened a 30-day comment period on the environmental assessment (EA) for EOG Resources’ plans for directional drilling of production wells in an already developed area in the central portion of the Uinta play in northeast Utah. The comment period ends Jan. 13.

December 19, 2011

Raymond James Slashes 2012 Gas Price Forecast

For the second time in as many months analysts at Raymond James & Associates Inc. cut their 2012 natural gas price forecast, this time by 12.5% to $3.50/Mcf from $4.00/Mcf. “…[Y]ou all know the story — an unrelenting supply glut…” they said in a note Monday.

December 6, 2011

Posturing Continues Regarding Federal Frack Rules

Although it is not likely to subside in the months ahead, concern among state officials regarding proposed federal rules on hydraulic fracturing (fracking) is creating a lot of posturing from both political and legal standpoints. North Dakota is in the middle of the messy states’ rights public debate.

December 5, 2011

EQT Interested in Midstream Partnership

EQT Corp. plans to stay in the midstream business, but not on its own.

November 1, 2011

Substantial Natural Gas Growth by 2030, But Much Work Remains

Energy experts predict that natural gas will surpass coal and become the second most widely used fossil fuel on Earth by 2030, but said challenges remain for the industry to make that a reality.

October 4, 2011

Jordan Cove LNG Takes First Step Toward Exports

It will be another two to three months before the backers of the FERC-approved Jordan Cove liquefied natural gas (LNG) import terminal project will know if they will try to transform their project into an export facility. Jordan Cove earlier confirmed that it has taken its first step toward seeking an export license.

September 26, 2011